Stockland Cairns hits market with $230m price tag

first_imgStockland Group is poised to capitalise on Australia’s white-hot sub-regional shopping centre market by offering a once-in-a-decade chance to buy one of Queensland’s largest retail hubs.The retail centre giant is selling Stockland Cairns with an asking price of more than $230 million, in a bid to take advantage of the unprecedented activity in both the sub-regional shopping centre sector and in Queensland’s retail market.Stockland Cairns is one of Queensland’s most significant shopping centres, with almost 50,000sqm of retail space and a strong line-up of anchor tenants.Read the full story on Commercial NewsMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agolast_img