Property fund manager
CorVal is selling a North Sydney office tower with the price expected to reach over $50 million.
Located at 140 Arthur Street, the company bought the building for an estimated $40 million from an AMP fund.
According to The Australian Financial Review, Chesterton International's Bevan Kenny and Chris Veitch and Knight Frank's James Parry, Tyler Talbot, Dominic Ong and Neil Brooks are marketing the property on behalf of CorVal.
North Sydney is expected to undergo significant development in the next few years, with a number of office towers going up in the area.