4.5% yield is a regional NSW record for this asset class sold by Savills
Regional NSW retail asset leased to Dan Murphy’s sold for $11.187m at 4.5% by Steven Lerche, National Director, Retail Investments at Savills Australia, who negotiated the sale alongside colleague Andrew Palmer.
Savills celebrates two new supermarket sales totalling $19 million
Savills has announced the off-market sale of a Woolworths supermarket in NSW for $14.65 million, as well as the successful transaction of Coles Kilsyth in Metropolitan Melbourne for $4.25 million in deals negotiated by Rick Silberman, Steven Lerche and Andrew Palmer.
Elanor Retail Property Fund announces trio of shopping centres for sale
Shopping centre assets in Taree, New South Wales, and Moranbah and Gladstone in Queensland are for sale through Savills Australia as part of a divestment program from Elanor Retail Property Fund.
