Growthpoint Properties Australia (ASX:GOZ) agreed to acquire 255 London Circuit, Canberra, Australian Capital Territory from Brompton Asset Management LLP for AUD 70 million on November 26, 2015. Funding for the acquisition of the Property will initially come from undrawn debt in the Group's existing debt facilities. The transaction is subject to approval from the tenant. The acquisition is expected to be accretive to Growthpoint's earnings. Simon Storry and Michael Heather of JLL acted as real estate advisors in the transaction. David Sinn, Hannah Stevens and Julia Orbach of Herbert Smith Freehills LLP acted as legal advisors for Brompton Asset Management LLP. Norton Rose Australia acted as legal advisor for Growthpoint Properties Australia Limited.

Growthpoint Properties Australia (ASX:GOZ) completed the acquisition of 255 London Circuit, Canberra, Australian Capital Territory from Brompton Asset Management LLP on January 22, 2016.