GPT Sells Bankstown Homemaker Centre for $25.2 Million

GPT Group has sold its Bankstown Homemaker Centre for $25.2 million, on a high yield of just over 10 per cent.

The 18,600 square metre centre was valued at $24 million at December 31, 2009, the SMH reports.

Another three assets in the Homemaker Centre portfolio are still being marketed.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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