OUE REIT to acquire 19.9% stake in Sydney’s Salesforce Tower for A$195.5 million

Reuters

4 hours ago

<a href="https://laohu8.com/S/TS0U.SI">OUE REIT</a> to acquire 19.9% stake in Sydney’s <a href="https://laohu8.com/S/CRM">Salesforce</a> Tower for A$195.5 million

OUE Real Estate Investment Trust said it has signed an agreement to acquire a 19.9% interest in Salesforce Tower, a 55-storey freehold office and retail property at 180 George Street in Sydney’s Circular Quay precinct. The purchase consideration is A$195.5 million, with total acquisition costs estimated at about A$201.2 million, and completion targeted in the first half of 2026. OUE REIT expects the deal to be about 0.9% accretive to distribution per unit, with portfolio leverage rising to around 40.2% on a pro forma basis.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OUE Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: AZ4DS7SG2QUMZUMX) on February 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: AZ4DS7SG2QUMZUMX) on February 24, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2401740654.USD","symbol_name":"FIDELITY SUSTAINABLE GLOBAL DIVIDEND PLUS \"A\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260224:nNDL63ySp9:1","article_id":"2613792347","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613792347","pubTimestamp":1771928185,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"OUE Real Estate Investment Trust said it has signed an agreement to acquire a 19.9% interest in Salesforce Tower, a 55-storey freehold office and retail property at 180 George Street in Sydney’s Circular Quay precinct. 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The purchase consideration is A$195.5 million, with total acquisition costs estimated at about A$201.2 million, and completion targeted in the first half of 2026. OUE REIT expects the deal to be about 0.9% accretive to distribution per unit, with portfolio leverage rising to around 40.2% on a pro forma basis.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OUE Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. 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