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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

GPT fund eyes One One One Eagle Street tower deal

Posted on 30 November 2016

GPT Group’s acquisitive wholesale office fund is in talks to boost its interest in Brisbane landmark One One One Eagle Street with a play that could leave it with a two-thirds stake in the near $900 million tower in train.
The project won the backing of Middle Eastern sovereign wealth fund the Abu Dhabi Investment Authority, and it, GPT, and its wholesale fund each held one-third stakes. he unlisted trust is now believed to be exercising an option over the ADIA interest, but the manager declined to comment………………………………………..Full Article: Source


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