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Haben raising $263m to bankroll QIC’s Westpoint shopping centre buy

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Haben has hammered down terms to buy 50 per cent of QIC’s Westpoint Shopping Centre in Blacktown at a $900 million valuation – now it just needs to find a way to pay for it.

Westpoint is a large shopping centre in western Sydney’s Blacktown. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/haben-raising-263m-to-bankroll-qic-s-westpoint-shopping-centre-buy-20240722-p5jvi2