Property fallout from Dick Smith’s collapse continues

  • The fallout from retailer Dick Smith’s dramatic closure is still impacting the balance sheets of Australia’s biggest property players.

A swagful of more than 300 Dick Smith stores closed at the start of May, and the chain was put into liquidation in July owing more than $260 million to creditors.

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Dick Smith outlets are said to occupy prime positions in shopping centres, close to supermarkets and food courts. Photo: Jessica Hromas

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