PETALING JAYA: Property developer SP Setia Bhd has added a major site in the Melbourne central business district (CBD) to its possession, following the group’s successful bid for the 111 A’Beckett Street site.
SP Setia said in a statement that the 1,714-sq-m site was acquired for a total of A$61mil via a competitive bidding exercise. The land is opposite SP Setia’s first development project in Melbourne, the Fulton Lane.
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