Vicinity Centres (Vicinity, ASX:VCX) has exchanged contracts to sell Goldfields Plaza in Queensland to Lascorp Development Group for $27.5 million¹, reflecting a 1.1% premium to book value.

Mr Grant Kelley, CEO and Managing Director, said: 'We have now agreed the sale of $136.7 million of non-core assets this financial year for a combined 2.7% premium to their book values.'

The transaction is expected to settle in June 2018.

For further information please contact:

Penny Berger
Head of Investor Relations
+61 2 8229 7760
penny.berger@vicinity.com.au

¹ Excludes transaction costs.

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Vicinity Centres RE Ltd. published this content on 18 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 May 2018 04:43:07 UTC