ASX-listed shopping centre owner Federation Centres has picked up Currambine Shopping Centre for $74 million, the second major retail transaction in Perth this week.
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.
Federation Centres, formerly known as Centro Retail, has sold half stakes in its Mandurah and Halls Head shopping centres as part of a $371.4 million deal with property fund manager ISPT.
11 Feb 2013
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