$275m week for retail, industrial sectors

FULL OWNERSHIP: Charter Hall-managed funds have moved to 100 per cent ownership of Metcash’s Canning Vale distribution centre.
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THE lively start to the year for Perth’s property market has continued, with four substantial retail and industrial properties changing hands in the past week in deals worth an estimated $275 million.

The largest sale was a 50 per cent stake in Centro Mandurah shopping centre, which is believed to have sold at or about book value of $124 million.

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