Investment fund takes half share in Brisbane’s Grand Plaza Shopping Centre
Inside Retail
MARCH 22, 2022
A 50-per-cent share of Brisbane’s Grand Plaza Shopping Centre has been acquired by EG Australian Core Enhanced Funds for an undisclosed amount. Simon Rooney, head of retail capital markets – Pacific at CBRE, who brokered the sale on behalf of US fund Invesco, said the deal highlights strong ongoing demand for Queensland retail investments, with over $4.5 billion in sales occurring since the beginning of last year.
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