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Cairns Central snapped up for $390 million

Cairns Central snapped up for $390 million
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ASX LLC: Lendlease $390m sale of Cairns Central becomes second larget mall deal of the year

The $390 million sale of Cairns Central brings to a close a protracted effort by Lendlease to raise capital to meet redemption requests in its flagship shopping centre fund. ....

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Haben expects a Townsville mall to deliver an 8.5pc return

A flurry of mall deals has kicked off the week, including Stockland divesting its Townsville mall to Haben and Charter Hall divesting two malls for a total of $225.5 million. ....

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Centennial and Parkstone set to buy Bundaberg mall Hinkler Central from Queensland Investment Corp for $107m

Fund managers Centennial and Parkstone are in due diligence to buy Hinkler Central for $107 million, less than what QIC paid for it in 2015. ....

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