QIC’s real estate arm has offloaded its Robina Home + Life homemaker centre on the Gold Coast for $66 million, after selling it to ASX-listed fund manager Primewest.
The 14,782 square metre mall in the QIC-owned Robina Town Centre is one of the few large-format retail centres on the market. QIC is also selling its Watergardens Homeplace retail centre in Melbourne’s north-west.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
