Abacus buys Birkenhead for $174m

Posted on: Mon, 26 Jul 2010 21:59:24 EDT

Symbols: ACPYF

Jul 26, 2010 (The Australian Financial Review - ABIX via COMTEX) --

Abacus Property Group and Kirsh Group have bought the Birkenhead Point shopping centre and marina complex in the suburb of Drummoyne, New South Wales. The deal, worth $A174 million, is Australia's biggest retail asset sale so far in 2010.

Publication Date: 27 July 2010

ABACUS PROPERTY GROUP - ASX ABP

KIRSH GROUP OF COMPANIES

McVAY REAL ESTATE PTY LTD

COLES GROUP LIMITED

WESFARMERS LIMITED - ASX WES

KATHMANDU HOLDINGS LIMITED - ASX KMD

SPOTLIGHT STORES PTY LTD

POLO RALPH LAUREN AUSTRALIA PTY LTD

ALANNAH HILL

FRENCH CONNECTION

For full details on (ACPYF) ACPYF. (ACPYF) has Short Term PowerRatings at TradingMarkets. Details on (ACPYF) Short Term PowerRatings is available at This Link.

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