Mara sells Aussie office block

PETALING JAYA: Majlis Amanah Rakyat (Mara) has disposed of a six-floor office property within the central business district (CBD) of Melbourne, Australia, to property management company Placer Property for A$37.5mil (RM117mil).

It was reported yesterday that the 70,266-square-feet property, which is located at 333 Exhibition Street, is part of a larger building that includes an international hotel and commercial car park.