Property development company Stockland (ASX:SGP) has found private investors to buy the Stockland Cleveland shopping centre and the Toowong retail and commercial centre in Brisbane.
The centres will go for a combined price of $143 million.
The company is on track to hit their $400 million target of divestments over two years.
Both transactions are expected to settle by 30 June 2019.
Shares in Stockland (ASX:SGP) are trading 0.14 per cent higher to $3.71