Friday, 21st July 2017

New South Wales

Parramatta Shopping Centre Sold

• A foreign investment group have acquired a shopping centre with 5570m² of GBA at 20 Victoria Rd, North Parramatta for $41.32million ($7418/m² of GBA).

• The property has been acquired with a yield of 5.7%.

Victoria

Box Hill Office Building Sold

• A foreign investor has acquired an office building with 2121m² of GBA at 15-17 Prospect St, Box Hill for $12.2million ($5752/m² of GBA).

Queensland

Pacific Pines Shopping Centre Sold

• A foreign investor has acquired a shopping centre with 3717m² of GBA at 2 Norris St, Pacific Pines for $30.025 million ($8077/m² of GBA).

• The property has been acquired with a yield of 4.6%.

#ParramattaShoppingCentreSold #BoxHillOfficeBuildingSold #PacificPinesShoppingCentreSold