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Phoenix sells for $80m

THE number of Perth shopping centres  changing hands this year has grown to six, with the conditional sale of Phoenix Shopping Centre for about $80 million; but there has been no progress on Westfield Innaloo, which is likely to be the largest sale of the year.

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Gross lettable area

32nd-Watertown21,218
33rd-Lakelands Shopping Centre21,170
34th↓Phoenix Shopping Centre21,509
35th↓Primewest Melville20,300
36th↓Stockland Riverton19,700
160 shopping centres ranked by gross lettable area (gla) in m2

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