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Sign in Sign up for a FREE subscriptionArnott to sell $550m of properties in Australia
Arnott’s has plans to sell three industrial properties in Australia, with one each in Huntingwood (NSW), Virginia (Queensland) and Marleston (South Australia), reported the Financial Review, citing a sale flyer.
The sales price is estimated to be A$800 million ($550 million).
The properties included 131,322 square meters (1.4 million square feet) of gross lettable area.
CBRE and UBS Australia had been appointed to run a sale process.
