NAB House is the Sydney headquarters of National Australia Bank.
AMP Capital Wholesale Office Fund manager Nick McGrath said the “acquisition further strengthens the AWOF portfolio”.
“In recent years, the owners invested over $50 million in a transformational upgrade of the asset, setting a new standard of sustainability for existing buildings in the CBD,” said Mr McGrath.
“As full owner of the building, we believe we can continue to extract value from this prime asset for investors over the long term.”
The AMP Capital Wholesale Office Fund invests in high-quality office buildings in Australia and New Zealand and has assets of around $2.9 billion.
