Client: CEL Australia
Sale Date: December 2020
Land Area: 9,667 sqm
Permit approved for a large scale, 3 tower project that includes 730 apartment and a total NSA of 48,772 sqm.
Off-Market Private Sale
After a number of attempts to purchase, Colliers introduced Greystar to CEL when it was announced that Greystar had secured another billion dollar tranche of investment. Following this a sale was negotiated, provided the Vendor comfort that the financial capability of the Purchaser was confirmed.