Real Estate
Blackstone bought the centre from Mirvac four years ago for around AUD139.5m. : US-based real estate manager Heitman has backed an Australian entity to buy a AUD178m (€113.5m) Melbourne shopping centre from Blackstone. Heitman and Elanor Investors Group will hold the 39,554sqm Waverley Gardens shopping centre in a newly-created fund. The Waverley Gardens fund will have other investors, including domestic institutional and wholesale capital partners.

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