SELF made millionaire Mario Salvo has paid $15 million for an 11-level office building, in a burgeoning pocket of the CBD.
The 128 Exhibition Street office – which failed to sell after a public campaign 18 months ago - was offloaded by AMP Capital Investors, which paid $5 million for the asset in 2000.
The building will be retained as an investment in Salvest Capital, Mr Salvo’s newly formed commercial real estate investment company, which is directed by prominent Sydney-based property executives Hamish Bowman and James Maitland.
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