SCA Property Group to acquire convenience-based shopping centres across Australia

SYDNEY, AUSTRALIA: SCA Property Group (ASX: SCP) has entered into agreements with Centuria Capital Group’s (ASX: CNI) subsidiary, Primewest, to acquire five convenience-based shopping centres across Australia for a combined purchase price of A$180 million representing a weighted average fully let yield of 6.0%. The acquisitions are expected to settle in early July 2022. Post…