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Mirvac Group (ASX:MGR) has sold the Taree City Centre for $53.5 million, fetching slightly above its book value.
The property developer says the sale is in line with its strategy of divesting around $200 million worth of Mirvac Property Trust non-aligned assets this financial year.
Mirvac has to date sold $127 million of assets including four industrial assets last month.
The Taree City Centre is located on the mid-north coast of New South Wales.
In the 2011 financial year Mirvac Group generated a net profit of $183 million.
News: Mirvac sells $53.5M NSW shopping centre
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Last
$2.18 |
Change
0.070(3.32%) |
Mkt cap ! $8.996B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.21 | $2.12 | $17.42M | 7.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 329803 | $2.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 163713 | 46 |
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| MGR (ASX) Chart |
