Ovolo Nishi Sold In Canberra

Centuria has acquired Canberra’s NewActon Nishi Building, which includes the office component, the Ovolo Hotel and a cinema


Key points:

  • NewActon Nishi Building acquired for $256m in off-market deal brokered by JLL

  • The sale includes the office component, the Ovolo Hotel and a cinema.

  • Ovolo Nishi is a 102-key hotel, previously known as Hotel Hotel


Property funds manager Centuria Capital has has acquired Canberra’s NewActon Nishi Building for $256m.


NewActon Nishi Building is a high quality A-grade commercial office asset, leased predominantly to the federal government.


The sale includes the office component, the Ovolo Hotel and a cinema.


Ovolo Nishi is a 102-key hotel, previously known as Hotel Hotel.

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