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.