Primewest buys Yamanto Shopping Village for $35.25m
A WEST Australian-based fund manager has refurbishment plans having snapping up a neighbourhood shopping centre south west of Brisbane.
Primewest Funds paid $35.25 million for the Yamanto Shopping Village and Yamanto LFR (Large Format Retail) Centre in Queensland.
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Primewest bulks up in Perth with $15m large-format deal
Property syndicator Primewest has bought the former Perth showroom of failed toy retailer Toys R Us as part of a $15 million acquisition of two neighbouring large-format retail assets.
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Primewest buys Red Hill Homemakers centre, Rockhampton
Property funds manager Primewest is pushing deeper into the large-format sector by snapping up a homemaker centre in Rockhampton, Queensland for $38 million.
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Sentinel sells Ipswich large-format centre for $36.25m as sector continues to perform
Primewest acquires Ipswich large-format retail centre for $3625m in addition to the purchase of Sentinel’s Dandenong Home Quarter in Melbourne’s south east for $32.5 m.
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West Gosford centre goes for $45 million
Property fund manager, Primewest from Harrington Property Group, has acquired West Gosford Hometown for $45 million from Stonebridge Property Group in an off-market sale.
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Strong demand continues for neighbourhood shopping centres.
A Colliers International article outlining the sale of Darling Ridge Shopping Centre in 2016.
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Growing Market Pressures Majors
An article in Business News outlining growing market pressures on major retailers in 2015.
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