Federation reap $153.1 million in regional commercial sales

Michael CrawfordAugust 16, 20150 min read

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 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.
Tags:
Property Sale
Commercial Property
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