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REGION GROUP — Capital/Financing Update 2018
Aug 1, 2018
65695_rns_2018-08-01_6ba764b4-f527-4f96-ade6-b5b6904d34db.pdf
Capital/Financing Update
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2 August 2018
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ASX ANNOUNCEMENT
Level 5, 50 Pitt Street Sydney NSW 2000 Tel: (02) 8243 4900 Fax: (02) 8243 4999 www.scaproperty.com.au
Acquisition of Sturt Mall, Wagga Wagga, NSW
SCA Property Group (ASX:SCP) announces that it has acquired Sturt Mall in Wagga Wagga NSW for $73.0 million, an implied passing yield of 6.3%. Sturt Mall is anchored by a Coles supermarket and a Kmart discount department store.
Further information will be provided with our full year results announcement next Tuesday, 7 August 2018.
ENDS
Media, Institutional investor and analyst, contact:
Mark Fleming Chief Financial Officer SCA Property Group (02) 8243 4900
Unitholders should contact SCP Information Line on 1300 318 976 with any queries.
Shopping Centres Australasia Property Group RE Limited ABN 47 158 809 851 AFS Licence 426603 as responsible entity of the Shopping Centres Australasia Property Retail Trust ARSN 160612788 and as responsible entity of the Shopping Centres Australasia Property Management Trust ARSN 160612626