A $49m pay day for Harold Mitchell in sale of former HQ

Original article by Nick Lenaghan
The Australian Financial Review – Page: Online : 13-Sep-18

Crown Resorts director Harold Mitchell has sold the office building that he had built for his advertising company Mitchell Communications Group in 2010 for $49 million. Mitchell founded the company in 1976 and sold it to Dentsu Aegis in the same year that the building was constructed. Dentsu Aegis currently occupies the building, and has a lease on it until 2021. The building, which is located at 105 York Street in South Melbourne, was bought by a private investor.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, MITCHELL COMMUNICATION GROUP LIMITED, DENTSU AEGIS MEDIA AUSTRALIA PTY LTD, CBRE PTY LTD

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