Leighton sells Nth Sydney property
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Leighton Holdings (LEI) has sold a North Sydney development to Suntec Real Estate Investment Trust for $413.19 million.
In a statement to the Australian Securities Exchange, Leighton announced the sale of 177 Pacific Highway, North Sydney and said it represented an initial yield of 6.89%.
Leighton chief executive officer Hamish Tyrwhitt said the project was keenly sought by buyers domestically and internationally, reflecting the value of its relationships with key Asian partners.
"The sale to Suntec REIT, Singapore’s second largest listed SREIT by asset under management, is testament to the building’s design and it is in line with our strategy to align with key investors and efficiently use our capital through pre-selling developments," Mr Tyrwhitt said.
"The project will be developed by Leighton Properties and built by Leighton Contractors – an example of how the collaboration of Leighton Group companies generates value for clients, strategic partners and shareholders."
Call 1300 880 160
Start a chat
Schedule a call
