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Switzerland’s AFIAA buys 36 Carrington Street property in Australia | News & More Trending News


AFIAA, the Swiss basis for worldwide actual property investments, has acquired an workplace and industrial property in Australia from Brookfield.

AFIAA, which affords Swiss pension funds entry to direct and oblique investments in worldwide actual property, mentioned it has invested an undisclosed sum to purchase 36 Carrington Street, a 2,874sqm property in Sydney.

The asset is being acquired for the AFIAA Global funding group, an actual property portfolio with a worldwide focus comprising properties in Europe, North America and Australia.

AFIAA mentioned the newest deal is the inspiration’s second funding in Sydney and its fifth enterprise in Australia.

Sebastian Feix, AFIAA’s international head of transactions, mentioned: “Located in the Core CBD bracket, the trendy ESG-compliant constructing completely enhances U60, our second property in Sydney.

“While the latter tends to be dominated by larger rental units, the floor plans of the 36 Carrington Street property also accommodate smaller-scale leases, making it attractive for tenants from a variety of industries.”

Ingo Bofinger, AFIAA’s managing director, mentioned: “This new acquisition in Australia demonstrates our commitment to the country as an attractive location for real estate investments, especially thanks to its demographic development and own market drivers.”

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Switzerland’s AFIAA buys 36 Carrington Street property in Australia | News

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Switzerland’s AFIAA buys 36 Carrington Street property in Australia | News

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Switzerland’s AFIAA buys 36 Carrington Street property in Australia | News

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