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Scape Australia did not pay $3.85 billion for Aveo says Joint-CEO Craig Carracher
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Scape Australia did not pay $3.85 billion for Aveo says Joint-CEO Craig Carracher
Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion. But Scape Australia Co-Founder and Joint CEO Craig Carracher has revealed the true cost was significantly higher. “I’d be pretty happy if it was that number,” Craig told the Financial Review Property Summit. “It’s closer to four-and-a-half [billion dollars]. And you can thank every layer …
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