Frasers Property JV puts last retail assets of Sydney project on sale
Frasers Property's Australia arm and Sekisui House seeking over A$170m for three assets in Central Park
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FRASERS Property's Australia arm and Japanese developer Sekisui House have placed the final three retail assets of their A$2 billion (S$1.93 billion) Central Park development in Sydney on the market, in the hopes of securing more than A$170 million.
The joint venture (JV) will divest the remaining three retail assets - Central Park Mall, DUO Retail (eight retail outlets) and Park Lane Retail (six retail outlets) - as a single block. The transaction is the final component of the partnership's divestment stra-tegy, the companies said on Tuesday in a joint statement.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
