Clough Engineering's old base at 251 St Georges Terrace is up for sale, with Jones Lang La Salle and Burgess Rawson jointly appointed to manage the transaction.
The fallout from troubled office development Raine Square continues, after receivers seized control of a nine storey office tower on St Georges Terrace and the New Esplanade Hotel.
Commercial property investor Hossean Pourzand may break some sales records before the year is out, with the Clough building at 251 St Georges Terrace expected to generate strong interest from investors and developers.
Hossean Pourzand has quietly become one of the CBD’s biggest individual office owners, preferr-ing to keep his business activities below the radar but acquiring assets over the years that would be val
31 Jan 2006
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