Federation reap $153.1 million in regional commercial sales

Federation reap $153.1 million in regional commercial sales
Federation reap $153.1 million in regional commercial sales

Federation Centres has sold four regional commercial properties for a combined total of $153.1 million.

Goulburn Plaza in New South Wales and convenience centre Katherine Oasis in the Northern Territory were sold to Charter Hall for $94.9 million, Westside Plaza in Broken Hillsold for $33.7 million and the Mount Gambier Central in South Australia has been sold to a private investor for $24.5 million

Angus McNaughton, Federation Centres chief executive officer said with the recent sale of LUTWYCHE City, we have announced around $220 million in asset sales this month. 

 

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Property Sale Commercial Property

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