Brief: Vicinity Centres Exchanges Contracts To Buy Remaining 49% Chatswood Chase Sydney Stake

Vicinity Centres

31/10/2023 01:28

Oct 31 (Reuters) - Vicinity Centres  VCX.AX :
    * HAS EXCHANGED UNCONDITIONAL CONTRACTS TO ACQUIRE REMAINING
49%
INTEREST OF CHATSWOOD CHASE SYDNEY
    * DEAL FOR A$307 MILLION
    * EXCHANGED CONTRACTS WITH CUSTOMARY CONDITIONS TO SELL
ROXBURGH
VILLAGE IN VICTORIA TO JY GROUP FOR A$123 MILLION
    * TRANSACTION IS EXPECTED TO SETTLE ON 15 MARCH 2024
    * UNDER SALE AGREEMENT WITH JY GROUP, CO WILL CONTINUE TO
PROVIDE
PROPERTY MANAGEMENT SERVICES AT ROXBURGH VILLAGE

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 ((Reuters.Briefs@thomsonreuters.com;))