sale of centro harvey bay

Defabs can you help explain this. Was Centro Harvey Bay a CER property. If so how come it was still for sale.

"Centro stage two on the way

2nd April 2011FRASERCOASTCHRONICLE.NEWS.LOCAL.STORY
WORK on the long-awaited $100 million Centro Shopping Centre second stage could start within the next 12 months.

The positive news for the Fraser Coast economy comes as a result of the sale of Centro Hervey Bay this week to the Stockland Group for close to $70 million.

While Stockland has refused to confirm the sale sources have revealed that the deal was signed off on Thursday.

Top 50 ASX listed company Stockland had circled Centro Hervey Bay back in June last year and the Chronicle reported then that it was close to doing the deal.

One month later the deal was off, but obviously the giant Stockland group, which made close to $400 million in the last half of 2010, had a serious second think.

One of the keys to the sale getting put back on the table was that the Fraser Coast Regional Council had an agreement in place to cut a deal on the infrastructure charges on the second stage of the project if it went ahead in a set time"