Foreign raiders set to push price for EY Centre to pre-pande

Foreign raiders set to push price for EY Centre to pre-pandemic levels


Foreign raiders set to push price for EY Centre to pre-pandemic levels
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Intense competition from international investors for a 50 per cent stake in the blue-chip EY Centre in central Sydney could push the price to pre-COVID-19 levels, after a year of workplace disruption threatened values for even prime CBD office towers.
Final offers closed on Monday with price predictions swinging between $550 million and $580 million for the half share, being sold by the AMP Capital Wholesale Office Fund (AWOF).
A 50 per cent share of EY Centre at 200 George Street, Sydney, is up for sale and has attracted strong interest from international investors.  

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