Business
Rich Lister Con Makris exits two Adelaide malls – The Australian Financial Review
The billionaire has divested two shopping centres in Adelaide for a combined value of $110 million, winding back further his retail real estate footprint in the…
Rich Lister Con Makris. Jessica Shapiro
The City Cross Shopping Centre transaction is the latest deal between the Makris Group and Revelop, after the Sydney platform bought Newton Village Shopping Centre in Adelaides north-west for $35 million two years ago.
The acquisition adds to Revelops two other South Australian retail investments, Renmark Square and Gawler Park Homemaker Centre.
The City Cross mall fronts Rundle Mall, the citys retail core as well as Grenfell Street, host to business and government…
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