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Two shopping centres have been sold, with advice from three firms.
Firms: Piper Alderman (Vicinity Centres); Sparke Helmore Lawyers (Charter Hall); Mellor Olsson Lawyers (Southern Cross Equity Group)
Deal significance: Settlement of the Katherine Oasis Shopping Centre occurred contemporaneously with the sale of another significant asset owned by Vicinity Centres.
Charter Hall bought Katherine Oasis Shopping Centre for an undisclosed amount, while Mount Gambier Central Shopping Centre, a sub-regional shopping centre in the largest regional town in South Australia, was sold to Southern Cross Equity Group for $24.5 million.