News: Leighton sells $186M tower to Cromwell

  1. lightbulb Created with Sketch. 1
    .


    Leighton Holdings Limited (ASX:LEI) has sold its HQ North Tower in Brisbane for $186 million, breaking records for sales outside the city’s central business district. 



    The tower contains office and retail space and has been acquired by listed property fund manager, Cromwell Group (ASX:CMW).  



    Leighton says capital from the sale will be used to pursue more opportunities in the residential and commercial sectors.



    Cromwell also purchased Leighton’s proposed new office tower in the Ipswitch central business district earlier this month.



    In the 2011 financial year Leighton Holdings booked a net loss of $406 million.


 
watchlist Created with Sketch. Add CMW (ASX) to my watchlist
(20min delay)
Last
38.3¢
Change
-0.008(1.92%)
Mkt cap ! $1.152B
Open High Low Value Volume
38.5¢ 38.5¢ 38.0¢ $65.89K 172.4K

Buyers (Bids)

No. Vol. Price($)
42 655494 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 506237 13
View Market Depth
Last trade - 11.39am 04/12/2024 (20 minute delay) ?
CMW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.