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Category: Electricity Energy and Utilities

Australia Post considers selling historic Perth GPO

Tuesday, 10 May 2016 13:53:48

Perth's GPO building was opened in 1923. (720 ABC Perth: Emma Wynne)

Australia Post has confirmed it is considering putting its general post office building in Forrest Place up for sale to help relieve increasing debt as it struggles to survive.

The Perth building is one of seven historic GPOs that may be sold across the country in major capital cities.

It has been reported the proposed deal would see Australia Post sell a majority stake to an investor and retain 40 per cent ownership of the buildings.

While Australia Post would not confirm the intricacies of the proposal, a spokesperson said it was in the early stages of reviewing the properties as part of a regular review of its property portfolio.

Perth's GPO in Forrest Place was opened in 1923 and most of the building is currently occupied by the Metropolitan Redevelopment Authority.

CEO Ahmed Fahour said if the sale proceeded, Australia Post would ensure the historical significance of the building was protected.

AustraliaPlus


 

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