Growthpoint Properties, which recently launched a securities buyback, has sold its leasehold interest in two office buildings in Sydney Olympic Park for $66.1 million and will use the proceeds to pay down debt.
Growthpoint will use the proceeds of the Olympic Park sales to pay down debt.
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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com
