Aventus buys Home Hubs centres from LaSalle, The Australian

The Aventus Property Group has struck the country’s biggest large format retail purchase, with the listed trust buying Home Hubs centres in the Sydney suburbs of Castle Hill and Marsden Park for about $440 million.

The company (AVN) beat off stiff competition from retail magnate Gerry Harvey in a purchase from international heavyweight LaSalle Funds Management which leaves Aventus well positioned to consolidate further in the industry.

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