Woolworths, Coles offload $160m of neighbourhood centres
The neighbourhood mall market has come roaring back to life with Coles and Woolworths selling four centres on yield above 5 per cent.
Source: afr.com
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AMP Capital selling shopping mall stakes at huge discounts
The group’s fund management arm, AMP Capital, is selling malls from an unlisted fund it runs to meet redemption requests, before handing it over to Dexus to run.
Source: afr.com
Second Half Runs Doom Hi-Liners Monday
Second Half Runs Doom Hi-Liners Monday
Source: newsdakota.com
HomeCo boosts fund management with $242.5 million deal
Shopping centre sales: HomeCo boosts fund management with $242.5 million deal with Lendlease
Source: smh.com.au
Lendlease beats slowdown with run of mall deals
Lendlease has sold off three shopping centres managed on its investment platform, with a fourth divestment looming.
Source: afr.com