Link Asset Management to acquire a 50% stake in Queen Victoria Building, The Galeries and The Strand Arcade for $378m.

Link Asset Management, a wealth management firm, agreed to acquire a 50% stake in three retail assets in Australia Queen Victoria Building, The Galeries and The Strand Arcade for $378m. “The acquisition of this prime retail portfolio is part of our Vision 2025 growth strategy to diversify and improve our portfolio mix. We are excited to have captured an opportune moment to invest in these iconic Australian retail assets," Nicholas Allen, Link Chairman.