AMP Capital is preparing to divest a landmark Perth office tower for about $260 million as it battles to meet redemption requests in one of its funds and stave off a merger proposal for the wholesale vehicle from rival fund manager Dexus.
ASX-listed fund manager Primewest is completing exclusive due diligence on 140 St Georges Terrace and expected to proceed with the purchase of the 28-level A-grade building.
Loading...
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
