Marprop Pty Ltd. and Futuro Capital Pty Ltd acquired City Campus of Victoria University in Melbourne CBD from Hotel Grand Central Limited (SGX:H18) for AUD 80.8 million on November 27, 2021. Marprop and Futuro plan to refurbish the Flinders Street office tower, aiming to capitalise on the coming completion of the nearby Town Hall metro station and an expected recovery in the CBD leasing from next year. Marprop Pty Ltd. and Futuro Capital Pty Ltd completed the acquisition of City Campus of Victoria University in Melbourne CBD from Hotel Grand Central Limited (SGX:H18) for AUD 80.8 million on November 27, 2021.