Vicinity sells two shopping centres

ASX-listed shopping centre owner Vicinity Centre has sold two non-core assets - one retail precinct in NSW and another in Victoria, for $77 million.

1 min read

Published 26 June 2017 10:28am

Source: AAP

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Shopping centre owner Vicinity Centre has sold two retail precincts for a total of $77 million.

Wondonga Plaza in Victoria and Terrace Central in Raymond Terrace, NS were sold for $43.5 million to M/Group and $33.5 million to Panthera Property, respectively.

Vicinity's chief investment officer Michael O'Brien said both centres were considered non-core assets.

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