Chinese insurance giant prepares to sell $900m Salesforce Tower stake

Chinese insurance giant Ping An is preparing to sell its half-stake in Sydney’s tallest office building, Salesforce Tower, in a $900 million deal which would show that values even for the city’s best-known landmarks have fallen by around a fifth since their peak four years ago.

https://www.afr.com/property/commercial/chinese-insurance-giant-prepares-to-sell-900m-salesforce-tower-stake-20260814-p60oee