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Stamford Land sells property previously leased to Chevron for A$67.8 mil

Jeffrey Tan
Jeffrey Tan12/30/2020 9:51 AM GMT+08  • 1 min read
Stamford Land sells property previously leased to Chevron for A$67.8 mil
According to Stamford Land, the commercial office building has been vacant following the expiry of Chevron’s lease in April 2020.
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Stamford Land Corp’s wholly owned subsidiary, the trustee of Dynons Perth (2010) Trust, has disposed of a property down under to Redhill Partners Investment for A$67.8 million ($68.6 million).

The property, known as Stamford Green and formerly Dynons Plaza, was previously leased to oil major Chevron.

The property consists of a 14-storey commercial office building and three adjacent heritage premises and is located at the western end of Perth, Central Busines District (CBD).

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