Arrow Property Investments Pty. Ltd.'s consortium with Pindan Capital Ltd. and Starwood Capital Group wrapped up its more than A$160 million acquisition of an office building in Sydney's St Leonards suburb that houses Coca-Cola Amatil, The Australian reported.
Australasian Property Investments Ltd. and Wingate Group Holdings Pty. Ltd. sold the property at 29-57 Christie St. to the trio under a Savills-brokered deal. The pair bought the asset from Charter Hall Group's unlisted Charter Hall Office Trust for A$96.4 million in 2014.
The seven-story building occupies a 7,636-square-meter site and features 17,792 square meters of net lettable area, three levels of basement parking, a child care center and a car park. Aside from the beverage bottler, the property is also home to GHD and Fitness First.
