Haben Property Group has teamed up with Hong Kong–based JY Group to acquire Wollongong Central shopping center from GPT Group in a A$402 million ($302 million) deal, reported The Financial Review.
Wollongong Central is a large shopping center in the Wollongong CBD in the llawarra region, Australia.
Wollongong Central has more than 220 retailers and is 98 percent occupied. The property includes a garage with more than 2,100 car spaces.
