The HomeCo Daily Needs REIT has now settled the acquisition of the Gregory Hills Town Centre.The acquisition formed part of portfolio of Centres the group listed in November 2020.HomeCo paid $69m for the asset from the Trustees of the Marist Brothers who owned the site and provided a leasehold interest to DartWest Pty Ltd to develop the site.The centre, located on the corner of Gregory Hills Drive and Village Circuit, is home to a full line Woolworths supermarket, BWS store, a medical centre and more than 20 specialty stores totalling 8,362sqm in GLA.The acquisition reflected a cap rate of 5.5%.Premium Memberscan find allHomeCoArticles, trading Analysis, Annual Reports and PresentationshereVillage CircuitPrevious ArticleNext Article
The acquisition formed part of portfolio of Centres the group listed in November 2020.HomeCo paid $69m for the asset from the Trustees of the Marist Brothers who owned the site and provided a leasehold interest to DartWest Pty Ltd to develop the site.The centre, located on the corner of Gregory Hills Drive and Village Circuit, is home to a full line Woolworths supermarket, BWS store, a medical centre and more than 20 specialty stores totalling 8,362sqm in GLA.The acquisition reflected a cap rate of 5.5%.Premium Memberscan find allHomeCoArticles, trading Analysis, Annual Reports and PresentationshereVillage CircuitPrevious ArticleNext Article
HomeCo paid $69m for the asset from the Trustees of the Marist Brothers who owned the site and provided a leasehold interest to DartWest Pty Ltd to develop the site.The centre, located on the corner of Gregory Hills Drive and Village Circuit, is home to a full line Woolworths supermarket, BWS store, a medical centre and more than 20 specialty stores totalling 8,362sqm in GLA.The acquisition reflected a cap rate of 5.5%.Premium Memberscan find allHomeCoArticles, trading Analysis, Annual Reports and PresentationshereVillage CircuitPrevious ArticleNext Article
The centre, located on the corner of Gregory Hills Drive and Village Circuit, is home to a full line Woolworths supermarket, BWS store, a medical centre and more than 20 specialty stores totalling 8,362sqm in GLA.The acquisition reflected a cap rate of 5.5%.Premium Memberscan find allHomeCoArticles, trading Analysis, Annual Reports and PresentationshereVillage CircuitPrevious ArticleNext Article
The acquisition reflected a cap rate of 5.5%.Premium Memberscan find allHomeCoArticles, trading Analysis, Annual Reports and PresentationshereVillage CircuitPrevious ArticleNext Article
Premium Memberscan find allHomeCoArticles, trading Analysis, Annual Reports and PresentationshereVillage CircuitPrevious ArticleNext Article
