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LINK REIT Plans to Splash AUD1.5B to Acquire Stake in 3 Australian Shopping Malls: Report
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LINK REIT (00823.HK) has made an offer to Lendlease's AUD2.8 billion worth of Australian Prime Property Fund Retail for half stakes in each of its three shopping centers at a consideration of AUD1.5 billion, according to a report from AFR. The three shopping centers are Sunshine Plaza in Queensland, Macarthur Square in New South Wales, and Lakeside Joondalup in Western Australia. Australian Prime Property Fund Retail currently holds only four assets. AAStocks Financial News |
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