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Frasers Property completes divestment of Sydney asset

It was sold at a consideration of $309.1m.

Frasers Property Limited has completed the divestment of its reversionary interest in Sofitel Sydney Wentworth.

The sale of the freehold reversionary interest of the property was first announced on 29 October 2021.

The property located at 61-101 Phillip Street, Sydney, NSW 2000, was sold at a consideration of $309.1m (A$315.0m).

 

 

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