Lutwych City Shopping Centre sold for $65 million

Lutwych City Shopping Centre sold for $65 million
Lutwych City Shopping Centre sold for $65 million

Queensland's LUTWYCHE City Shopping Centre has been sold to a joint group for $65 million, excluding transaction costs.

Abacus Property Group will fund 75% of equity and have responsibility for property, asset and development management services, with Zenonos Group funding 25%.

LUTWYCHE City Shopping Centre is 18,929m2 has 812 car parks and 12,103mof gross lettable area, with Coles and Aldi current tenants and is 90% occupied.

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Coles Shopping Centre

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