Australian Federal Police HQ In Melbourne Sold for $70m
Investa Office Fund, the listed arm of the wider Investa platform, has seized the uplift from Melbourne's buoyant CBD development market, selling the Australian Federal Police headquarters at 383 La Trobe Street for $70.7 million to a buyer thought to be from Asia.The four-storey building, refurbished in 2008, is leased in its entirety to the Australian Federal Police. However that tenancy ends in two years' time with no option to extend currently in place.Read more in Financial Review.Source: