Vicinity Centres acquires stake in Lakeside Jundaloop, doubles profit
Inside Retail
AUGUST 19, 2024
Vicinity Centres has acquired a 50 per cent stake in the Lakeside Jundaloop shopping centre in Western Australia from Future Fund for $420 million, and will co-own it with Lendlease-managed Australian Prime Property Fund – Retail. Vicinity’s net profit grows 101.5 million in the last fiscal year, up 101.5
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