Homebush. DFO could be sold overseas

British-based Pradera Asset Management is believed to be the frontrunner to buy the $1.5 billion Direct Factory Outlets portfolio, including the Homebush DFO, the location of the company’s only NSW outlet which retails over 90 leading Australian and international brands. Consortia led by Australian institutional investors Lend Lease and Colonial First State were also in the running DFO is owned by Melbourne-based Austexx.