Property Acquisition

Abacus, an SJE Group investment, has exchanged contracts for the acquisition of 99 Walker Street, North Sydney, Australia, with settlement anticipated, subject only to FIRB approval, by calendar year end.

The property is a prominent A grade building located on the corner of Walker Street and Mount Street in North Sydney, offering 21 levels of office accommodation over circa 19,295sqm of NLA as well as 229 carspaces. Located at the midpoint between North Sydney Station and Victoria Cross Station (completion scheduled for 2024), the asset is expected to benefit from North Sydney’s revival.

The SJE Group congratulates Steven Sewell, Managing Director Abacus, and the rest of the team for this addition to the property portfolio.

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