KordaMentha to oversee sale of Sydney’s Cross City Tunnel

It is the second time KordaMentha has run the sale process of the motorway.

KordaMentha partners Martin Madden and Cassandra Matthews have been appointed receivers and managers of Sydney’s Cross City Tunnel, the second time Madden has overseen the sale of the 2.1 kilometre long roadway that links Sydney’s western and eastern suburbs.

“The receivers are confident the tunnel is an attractive asset which will provide solid returns for the right buyer,” Madden said in a statement.

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