This article is from the Australian Property Journal archive
ONE of South Korea’s largest securities firm, NH Investments & Securities, has acquired the Australian Red Cross’ headquarters in Sydney for $86 million.
In an announcement to the local stock exchange, NH Investments said it has teamed up with Seoul-based funds manager FG Asset Management to acquire the 17 O’Riordan St Alexandria property from Andrew Roberts.
The acquisition is FG Asset Management’s fourth in Australia, after it bought the Louisa Lawson building in Canberra for $225 million, the Australian Taxation Office at Boxhill in Melbourne for $156 million and the ATO building at Albury for $64.8 million last year.
Australian Property Journal
