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BABA-W Reportedly Sells Melbourne Office Building at AUD30M, 25% Discount to 4 Yrs Ago
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The office building owned by BABA-W (09988.HK) in Melbourne, Australia was transferred for AUD30 million, a discount of about 25% compared to the AUD40.5 million four years ago, according to Australian media.

The property is at 411 Collins Street, a 9-storey building, with a net lettable area of 3,015 sq.m., among which about 65% was leased, and Alibaba occupies one of the floors.

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