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ACCC approves Federations Centres and Novion merger

The Australian Competition and Consumer Commission (ACCC) will not oppose Federation Centres' proposed acquisition of Novion Property Group, paving the way for the new combined group to become a major player in Australia's highly concentrated institutional property investment marketplace.

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Read more: AustraliaFederation CentresInvestmentNovion Property GroupACCCAustralian CompetitionConsumer CommissionRainmakerDEXUSFebruaryFederations CentresForeign Investment Review Board applicationGandel Retail TrustISPTMay 2015QIC