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Written by Marc Pallisco
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Wednesday, 12 May 2010 02:10 |
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 THE hugely successful Direct Factory Outlets property portfolio looks likely to be heading overseas, with British Based Pradera Asset Management reportedly the frontrunner to buy the assets.
It’s believed the group will pay more than $1.2 billion for DFO’s eight centres.
DFO is owned by Austexx, a company directed by Melbourne businessman David Goldberger and David Weiland, which develops and owns commercial and to a lesser extent residential property assets.
According to The Australian which reported the Pradera speculation, DFO have an approximate 40 – 45 per cent of Australia’s direct factory outlets market.
Lend Lease and Colonial First State were also reported to have been in the mix of prospective purchasers for the DFO portfolio which was listed for sale earlier this year.
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