M&G Investment Management Limited won the bid to acquire Casey Central Shopping Centre, Melbourne from Scentre Group (ASX:SCG) for approximately AUD 220 million on November 24, 2016. The transaction is expected to close in the first quarter of 2017. Simon Rooney of JLL Australasia, ran an off-market process on behalf of Scentre Group and Lachlan MacGillivray of Colliers International advised M&G Investment Management Limited in the transaction. David Sinn, Emily Peverill, Stephanie McSwiney and Amari Romero of Herbert Smith Freehills acted as a legal advisor to M&G Real Estate. Team led by Tom Watts owner of Watts Legal Consultants acted as legal advisor for Scentre Group (ASX:SCG). M&G Investment Management Limited completed the acquisition of Casey Central Shopping Centre, Melbourne from Scentre Group (ASX:SCG) on January 9, 2017.