The manager of Keppel REIT has entered into a contract of sale to acquire an effective 50% interest in 255 George Street for A$363.8 million ($321.0 million). The contract was entered into between The Trust Company (Australia) Limited, the trustee of Keppel REIT’s indirect wholly-owned subsidiary, and Mirvac Wholesale Office Fund I’s trustee, Mirvac Funds Management Australia Limited, on March 28.