Wednesday, 30 May 2012

Region. Centres on the market

Centro has launched and off-market process to dispose of half stakes in its Roselands (61,471 square metres) and Bankstown (85,738 square metres) centres in a $450 million play, according to The Australian Financial Review. The two centres hold dominant-trading positions in densely populated Western Sydney markets, with keen tenant support and each has further development potential. The total book value of Bankstown is $557 million and $329 million for Roselands.



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