Double deal for Queensland DFO centres

first_imgSome of the last remnants of the Direct Fashion Outlet empire are being sold, with news the DFO Jindalee retail centre in Brisbane’s western suburbs has been acquired for $46.6 million.Brisbane-based Taiwanese investors the Wen family, of Chin Hong Investments, are understood to have bought the centre from private owner and developer Factory Outlets Jindalee on a yield of around 7%.The deal follows that of DFO Cairns retail centre, which sold for about $40 million, with Warren Ebert’s Sentinel Property Group expected to settle its acquisition of the centre this month.Read the full story on Commercial NewsMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agolast_img