Stockland in $70m play for Centro Hervey Bay
Stockland is reportedly paying about $70 million for shopping centre Centro Hervey Bay.
The asset is being offloaded by Centro and Bob Ell’s Leda Holdings.
With 15,569 square metre of lettable area, it is anchored by a SupaIGA, Kmart, Coles and Target/
It also contains 48 specialty retailers.