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Blackstone sells third shopping centre to Elanor in $136m deal

Martin Kelly
Martin KellyReporter

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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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    Original URL: https://www.afr.com/property/commercial/blackstone-sells-third-shopping-centre-to-elanor-in-136m-deal-20211006-p58xp1