Charter Hall, Abacus to buy Sydney tower for $425.9m

Charter Hall, Abacus to buy Sydney tower for $425.9m

Sydney Opera House, Sydney, Australia. Photo: Holger Link/Unsplash

Australian property developer Charter Hall has teamed up with Abacus Property Group to acquire a $38-storey office tower in Sydney’s central business district for A$630 million ($425.9 million).