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DEVINE Limited (ASX:DVN) and Leighton Properties’ sale of Hamilton Harbour has been finalised, following the $62 million settlement.
360 Capital Office Fund purchased the KSD1 and central retail buildings on Kingsford Smith Drive on December 20.
“The transaction not only delivers an attractive financial return for the joint venture, but also repays all remaining debt on the Hamilton Harbour joint venture, allowing an accelerated release of capital from the remaining unsold apartments in the Hamilton Harbour project.”
The building’s tenants include Domino’s Pizza head office, Woolworths, Flight Centre and Coffee Club.
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