Woolworths and Panthera are set to generate $150 million from the sale of shopping centres, marking a strategic move in their property portfolio management. The sale includes multiple retail assets, reflecting strong investor interest in well-located shopping precincts. Woolworths, a leading supermarket giant, and Panthera, a property investment firm, are leveraging the robust demand for retail properties to unlock capital and reinvest in core operations. These shopping centres, anchored by Woolworths supermarkets, have proven resilient in the market, attracting steady foot traffic and ensuring long-term value. The divestment aligns with Woolworths' ongoing strategy to streamline its real estate holdings while maintaining its presence in key locations. Panthera's involvement highlights its role in optimising property investments. This move demonstrates confidence in the retail sector’s stability and growth, with investors eager to acquire high-quality assets backed by strong tenants like Woolworths.
For further details: https://www.commercialproperty2sell.com.au/blog/2025/02/woolworths-and-panthera-to-generate-$150m-fro.php