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Stockland gets 120% return on Karrinyup sale

Property group Stockland has sold its 25 per cent stake in the Karrinyup shopping centre for $152.5 million, more than doubling the value of its original investment.

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Gross lettable area

34th↓Phoenix Shopping Centre21,509
35th↓Primewest Melville20,300
36th↓Stockland Riverton19,700
37th-Floreat Forum Shopping Centre19,000
38th↑Bentley Plaza18,700
160 shopping centres ranked by gross lettable area (gla) in m2

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