Keppel REIT buying Pinnacle Office Park in Sydney for $303.3 million

Keppel REIT is paying A$306 million ($303.3 million) to buy Pinnacle Office Park, a freehold Grade A commercial property comprising three office buildings located within Macquarie Park in Sydney.

With a total net lettable area (NLA) of 35,132 sm (378,165 sf) across three office buildings, Pinnacle Office Park is strategically located within Macquarie Park, which is the second largest office market in New South Wales.