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Ann: Scentre Group Acquires 50% Interest in Westfield Eastgardens, page-2

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    Scentre Group, the country's largest listed retail landlord, has bought a 50 per cent stake in Westfield Eastgardens in Sydney's south‐east from the Saunders family's Terrace Tower Group for $720 million.
    The deal with Tower Terrace Group - the family property group was created by John Saunders who also co-founded Westfield - was struck on a cap rate of 4.25 per cent.
 
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