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ISPT acquires further interest in Liberty Place, Sydney
ISPT has acquired a further 25% interest in Liberty Place at 161 Castlereagh Street, Sydney, taking us from 25% to 50% ownership of the premium asset.
The acquisition extends our large-scale investment in the precinct and aligns with our strategy to increase holdings in prime office assets.
Matt Lane, ISPT’s General Manager, Capital Transactions says
“The acquisition of Liberty Place enhances our exposure to a well-connected precinct undergoing a major transformation, with several new developments set to occur in the near future, including the new Pitt Street North Metro Station.”
Liberty Place is anchored by ANZ Tower, a market-leading sustainable building, delivering on ISPT’s overall Environmental, Social and Governance strategy.