ISPT offloads Blue Mountains shopping centre for $34.8m
ISPT, which recently became a subsidiary of global institutional investor and asset manager IFM Investors, purchased Katoomba Village in Katoomba from Coles Group. It initially acquired a 75 per cent stake in the shopping centre in 2013 for around $24 million, before purchasing the remaining 25 per cent in late 2016 for about $8.65 million.
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ABC News
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Sydney Morning Herald
21 minutes ago
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