Shopping centre in Newcastle transacts for $47 million

Stirling Property Funds has acquired, Junction Fair, a neighbourhood shopping centre in Newcastle from  funds manager Fortius following an extended settlement period resulting from the COVID-19 pandemic. Fortius sold the neighbourhood centre for $47 million after purchasing the property six-years ago for $32 million.  Fortius acquired the neighbourhood centre in late 2014 and undertook a major refurbishment and remixing of the … Continue reading Shopping centre in Newcastle transacts for $47 million