Fast fashion brand White Fox Boutique has purchased a five-storey office building in Rosebery, Sydney for $70 million, securing a new permanent headquarters.
The off-market deal, brokered by Colliers, involves a modern 10,761 sqm building with 249 car spaces and three street frontages.
Founded in 2013 by Daniel and Georgia Contos, the online label has seen rapid international growth, particularly in the US, fuelled by social media.
According to The Daily Telegraph, the company will move from its current location nearby once the deal settles.
The Contos couple are also investing heavily in Sydney property, assembling $120 million worth of Vaucluse mansions with plans for a luxury harbour-view estate.
Source: The Daily Telegraph
