Blackstone sells third shopping centre to Elanor in $136m deal
Martin KellyReporter
Investment giant Blackstone has finally offloaded Warrawong Plaza in Wollongong to Elanor Investors Group for $136 million after trying to sell it for more than a year.
It’s the third regional retail property Elanor has bought from Blackstone following its $145 million purchase of Clifford Gardens in Toowoomba earlier this year and the $178 million Waverley Gardens acquisition in 2018.
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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com
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