How much does the buyer of Lavington Squate Shopping Center manage?
Vicinity Centres Vicinity Limited, trading as Vicinity Centres (VCX), and previously known as Federation Centres, and Centro Properties Group is an Australian Real Estate Investment Trust (REIT) company specialising in ownership and management of Australian shopping centres. With approximately $6.9 billion of shopping centres under management.
The Glades (Bromley) The Glades is a shopping centre in Bromley, south-east London, England. It has a total of 135 stores trading from a combined floorspace of 464000 sqft . Opened as The Glades on Tuesday 22 October 1991, the centre is currently jointly owned by Alaska Permanent Fund (85%) and the London Borough of Bromley (15%). In October 2015 it was confirmed that Alaska Permanent Fund Corporation had agreed to acquire the stakes held by intu Properties and CGNU/Aviva in a £177m deal, giving the APFC 85% holding of the mall (Bromley Council will retain its 15% share) and taking the Bromley centre out of intu's network. The sale completed towards the end of 2016.