Minto. Mall sold

Minto Mall, one of Australia’s worst performing shopping centres, according to The Australian Financial Review, has been sold for an undisclosed amount. However, industry sources estimated that, considering its poor condition, it would have gone for less than $20 million, perhaps as little as $15 million. A Sydney-based syndicate of private investors bought the mall, which has been in the hands of receiver, KordaMentha since August 2010,