Majority share in Brisbane's Mt Ommaney Shopping Centre sold for $285 million
YFG Shopping Centres will take full ownership of Brisbane’s Mt Ommaney Shopping Centre after acquiring the remaining 75 per cent interest from Nuveen Real Estate for $285 million in a deal negotiated by CBRE Head of Capital Markets, Simon Rooney.
Investors achieving sharp yields for Brisbane metro assets
Property in Upper Mount Gravatt – sold for $7.5 million – achieves record 2.73 per cent yield in climate of strong competition and shortage of investment assets.