Newcastle shopping centre sold for $47 million through JLL and Stonebridge Property Group
Sydney funds manager Fortius has sold a neighbourhood shopping centre in Newcastle for $47 million in a deal negotiated by Stonebridge Property Group’s Philip Gartland, in conjunction with JLL’s Nick Willis.
Surfers Paradise retail centre sold for $61.8 million
The Circle on Cavill retail centre sold for $61.8 million through Sam Hatcher, Jacob Swan and Nick Willis JLL and McVay Real Estate’s Dan McVay and Sam McVay.
Strong interest in Woolworths assets expected as confidence in sector continues to rise - JLL
Private investors and syndicates are targeting non-discretionary anchored neighbourhood shopping centres for their resilient and robust investment profiles, according to JLL.
