In light of the international campaign to sell Blackstone’s $3.5 billion Australian shopping centre property portfolio, it is expected that an overseas group will buy the assets.
Urbis Associate Director of Real Estate Advisory Estelle Fraser says that Blackstone’s portfolio is “expected to generate one of the biggest retail opportunities in the market this year.”
“The spread between the expected investment yields and bond yields still represents an appropriate risk margin in the current stable economic environment,” she added.
The Urbis Shopping Centre Investment Market Update provides an overview of the current state of the investment market.
