Business Services Industry
Mini-malls are good buying.
Australasian Business Intelligence, June, 2009
Byline: Ben Wilmot
Jun 10, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Steve Lerche, of CB Richard Ellis, says demand remains for well-anchored neighbourhood shopping centres priced below $A25m. A private investor has acquired the Green Point Shopping Centre from the APN Regional Property Fund for $A8.4m. Meanwhile, Centro MCS 14 has offloaded Centro Kinkumber on a passing yield of 7.7 per cent. The proceeds of both sales will be used to reduce debt.
Publication Date: 11 June 2009
APN REGIONAL PROPERTY FUND
GREEN POINT SHOPPING CENTRE
CENTRO MCS 14
CB RICHARD ELLIS PTY LTD
MIRVAC DOMAINE DIVERSIFIED PROPERTY FUND
BIG W DISCOUNT STORES
WOOLWORTHS LIMITED - ASX WOW
JONES LANG LASALLE...
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