Vicinity sells Tweed Mall for $81.25m

The sale of Tweed Mall to Elanor Investors Group means Vicinity Centres will have offloaded 11 shopping centres for a combined $1.3 billion since May.

Retail property trust Vicinity Centres has agreed to sell Tweed Mall in northern NSW for $81.25 million.

The sale to fund manager Elanor Investors Group means Vicinity will have offloaded 11 shopping centres for a combined $1.3 billion since May.

On the Queensland border, the mall is four kilometres from the Gold Coast airport and is anchored by Coles, Target and Woolworths stores.