HK central bank acquires 25% stake in Sydney's Wynyard Place for $303m

HK central bank acquires 25% stake in Sydney's Wynyard Place for $303m

Night view of Darling Harbour in Sydney, Australia.

Hong Kong’s currency board and de facto central bank, Hong Kong Monetary Authority (HKMA), has reportedly acquired a 25 per cent stake in Sydney’s Wynyard Place development for A$450 million ($303 million).