Midland Gate joins rush of malls deals at $500m
Nick LenaghanProperty editor
The trade in major malls is heading west as Perth’s Midland Gate, a large regional shopping centre in the city’s fast-growing north-east, hits the market with expectations of at least $500 million.
The prominent mall, which occupies a 14.4-hectare town centre site, is controlled by ASX-listed Vicinity Centres, which manages it on behalf of a mandate client and Vicinity Retail Partnership.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
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