The Reserve Bank of Australia has sold its Melbourne headquarters at the top of Collins Street and at the top of the market in a $160 million deal with the country's largest listed landlord, Dexus.
It is a tidy return for the RBA, far exceeding initial expectations of $100 million for the 15-storey building at 60 Collins Street, which hit the market through the JLL agency in June.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com