Retail property group Vicinity Centres has sold four shopping centres in Queensland and Victoria for $841.4 million as part of its divestment program, with more assets to come on the market.

The company has offloaded Clifford Gardens in Queensland, plus Forest Hill Chase and Brimbank Shopping Centre in Victoria to affiliates of funds managed by investment banking company Blackstone for $613.3 million. Vicinity has also sold Toombul Shopping Centre in Queensland to real estate group Mirvac for $228.1 million. The portfolio…