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Cedar Woods sells Target headquarters for $58m

Property Markets / Transactions


Jun 30 2017

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Simon Johanson, The Sydney Morning Herald

Discount retailer Target may be struggling with sales, but a head office it recently leased for a 10-year period in Melbourne's west has sold to Centuria Property Funds for $58.23 million.

ASX-listed Centuria has sealed a deal with Perth-based property developer Cedar Woods to purchase an eight-storey building Cedar Woods is constructing at its Williams Landing housing development.


Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald


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