Singapore-listed luxury watch retailer The Hour Glass has bought the "Gucci Building" on Brisbane's trendy Edward Street for $32 million.
The building was offloaded by upmarket menswear retailer Mitchell Ogilvie (which has a shop at 168 Edward Street) on behalf of BAMPS Trust.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com