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BRIEF-Vicinity Centres and Perron Group enters into contract for sale of residential air rights
April 9, 2017 / 11:19 PM / 3 months ago

BRIEF-Vicinity Centres and Perron Group enters into contract for sale of residential air rights

1 Min Read

April 10 (Reuters) - Vicinity Centres Re Ltd

* Together with co-owner Perron Group, contract for sale of residential air rights has been entered into with Golden Age Group.

* "Sale has reduced Glen's redevelopment costs from $490 million to $460 million"

* Project completion expected by early 2020. Source text for Eikon: Further company coverage:

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