The institutional buy-up of Western Australia’s shopping centres continued this week when one of Australia’s best performing sub-regional centres, Bunbury Forum, was sold for $143 million to Challenger Life.
ALDI’s imminent arrival in WA and continuing competition between the retail majors has sidelined many retail developers who just can’t pay the big prices Coles and Woolworths will shell out for new sites.
26 Sep 2013
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