Oct 24 (Reuters) - Australia's GPT Group GPT.AX said on Friday it would acquire a 50% stake in Grosvenor Place office tower in Sydney, for A$860 million ($559 million).
Upon completion of the deal, Commonwealth Superannuation Corp will own the other half of the stake in the property.
($1 = 1.5389 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru; Editing by Anil D'Silva)
((shivangi.lahiri@thomsonreuters.com))
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