trending Market Intelligence /marketintelligence/en/news-insights/trending/d6iRZfBIpj4ZdSrzMDsr7A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

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

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

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.