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SCA Property Group buys Sturt Mall

Sturt Mall, Wagga Wagga

SCA Property Group announced that it has acquired Sturt Mall in the heart of Wagga Wagga in country NSW for $73.0 million, an implied passing yield of 6.3%.

The shopping centre is home to Coles, Kmart and 45 specialty shops. Providing a convenient, single-level shopping experience, Sturt Mall retail mix has some of the best national brands including Cotton On, Sportsgirl, Portmans, Dotti, Katies,  Smiggle and Rivers in its range of specialty retailers.

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Shopping Centre News

Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand.

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