SC Capital Buys Former Melbourne Police Complex for A$107M
SC Capital, a Singapore private equity firm, has once again gone shopping for properties in Australia. After buying a retail portfolio in Sydney one month ago, SC Capital has entered a binding agreement to acquire the former St. Kilda Road police complex in Melbourne for A$ 107 million. The fund manager helmed by Thai financier Suchad Chiaranussati, which will aim to repurpose the property for commercial use.
Full article by James Hatton, Mingtiandi: View full article here