Mirrabooka Square Sells on 6.97% yield

The Perron Group have sold The Square Mirrabooka for $195m, reflecting a 6.97% yield and affirming a market yield for the seldom traded Sub Regional Mall market.

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Elanor Healthcare buys in Ellenbrook

The Elanor Healthcare Real Estate Fund has acquired the Broadway Medical Centre, located at 150 Coolamon Boulevard, Ellenbrook, WA for $12.0 million, reflecting a 6.00% capitalisation rate.

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