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APIL has expanded it’s property portfolio in August 2018 with the acquisition of the Flinders Square Shopping Centre located in Yokine WA. The site area is approx. 20,235m2 and the centre has a gross lettable area of just over 6,000m2 and is located approx. 5 km north of the Perth CBD. Purchased for $39.5m it has an 8 year investment timeframe and forecast income distribution of 6.5% pa.