TRINITY Group (ASX: TCQ) has entered into negotiations with potential buyers to sell the Compark Circuit property in Mulgrave and the Cumberland Lorne Resort in Victoria's surf coast.
Both assets have been on the market for almost 12 months and the sales campaign has closed.
Trinity said in a statement that a further announcement will be made should these discussions result in an unconditional agreement being reached, if all sale discussions cease or if a decision is made to offer the Yamaha Centre, Rivergate Place, Murrarie for sale.
Trinity said it will only sell the properties for a satisfactory price and the proposed contractual terms are acceptable.
Property Review