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Report: Vicinity's A$900M portfolio sale attracts Blackstone, Mirvac

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Report: Vicinity's A$900M portfolio sale attracts Blackstone, Mirvac

andMirvac Group arebelieved to be offering to buy all four Australian malls in 's A$900 millionportfolio that was put up for sale in February, The Australian Financial Review reported April 7, citing unnamedsources.

Thepublication added that the duo is the front-runner in the sales process, while itis unclear if Mirvac is acting as a co-investor or if it will buy one or two ofthe malls in the portfolio.  

, KKR, NathanKirsh and SCA Property Group are also reportedly interested in the portfolio,albeit not as a whole, the publication added.  

Itwas previously reported that the assets in the portfolio are theClifford Gardens Shopping Centre and the Toombul Shopping Centre in Queensland,and the Brimbank Shopping Centre and the Forest Hill Chase Shopping Centre inVictoria.

Theseller and marketing agent Simon Rooney did not comment on the report.

As of April 6, US$1 wasequivalent to A$1.32.