Petrol king takes over Adelaide tower in $175m deal

nick and his son

Petrol king takes over Adelaide tower in $175m deal

4 years ago
Petrol king turned property magnate Nick Andrianakos has consolidated his family’s commercial property footprint in Adelaide, acquiring a Flinders Street office tower from Cbus Property for $175 million. The purchase of 50 Flinders Street, on a yield of around 6.5 per cent, is the biggest office investment so far for the family company, Nikos Property Group. It stands next to Santos House at 60 Flinders Street, which Nikos bought two years ago from Lendlease for […]
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