UBS to advise Victorian Government on land title sale
Staff reporterDecember 7, 2020
UBS has secured the mandate to advise the Victorian government on the sale of its land titles unit.
The state has been seeking an adviser likely to recommend a sale in line with other states including New South Wales and South Australia.
The unit is expected to be worth $2 billion plus.
Sources told the Australian Financial Review's Street Talk column that Victoria's Treasurer Tim Pallas wanted a sale finalised by the end of August 2018.
Meanwhile after more than 15 years at 570 Bourke Street, Land Use Victoria is moving to 2 Lonsdale Street Melbourne.
Land Registry Services’ and Plan Acceptance’s offices at 570 Bourke Street closed to the public at noon on Friday 25 August and opened in the new location at 8.30 am on Tuesday 29 August.