Commercial real estate: Sentinel strikes on $300m Mackay mall deal
The mooted transaction of Caneland Central will add fresh impetus to the retail real estate market, after it absorbed a record $12.8 billion of deals last year.
Source: afr.com
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Rich Lister Nick Andrianakos invests $135m for half stake in Adelaide's Colonnades shopping centre
Rich Lister Nick Andrianakos’s first investment into a shopping centre comes almost half a century after the Greek migrant bought his first petrol station in 1973, going on to create the Milemaker chain of fuel outlets.
Source: afr.com
NSW real estate: Maitland Plaza sells for $46 million
The Village Fair Group acquired the sub-regional mall on a yield of 5.9 per cent as Centuria prepared to offload a number of its shopping centres.
Source: afr.com
MaxCap fund targets 18pc returns from apartments and logistics
The new $250m diversified fund will target 18 per cent annual returns across projects spanning residential, industrial and mixed-use.
Source: afr.com
Haben picks up Brisbane neighbourhood mall on 6pc yield
The acquisition of The Station Oxley for $47 million by Haben adds to a flood of capital targeting the neighbourhood mall sector.
Source: afr.com