Mustera Property Group Ltd. announced that the Mustera Property Fund (Fund) has settled the acquisition of the Shoalwater Shopping Centre (the Centre) for AUD 16.5 million (excluding transaction costs). The Centre is located approximately 45kms south-west of the Perth CBD on the main thoroughfare of Safety Bay Road with a high exposure corner location on a site of approximately 1.47 hectares. The Centre comprises approximately 4,700m gross leasable area and includes a supermarket, medical centre, tavern and 16 specialty stores, collectively let on long-term leases.