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The opportunity to gain management rights added a particular attraction for buyers looking to expand their investment platform as did the opportunity to capitalise on mixed-use development opportunities on the site, Rooney said. The sale comes just two months after the country’s office sector saw a similar record broken, in what has been a strong year for Australia’s commercial property sector. The single biggest office deal in the country’s history was recorded in Sydney with the sale of a stake in mixed-use development, Wynyard Place.

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