May 3 (Reuters) - Vicinity Centres Re Ltd VCX.AX :
* Indooroopilly central divestment announced
* Deal for $85 million
* Says settlement of the transaction is expected to occur around 30 June 2016
* Announces first transaction in asset divestment program with the sale of Indooroopilly Central (indooroopilly) in Queensland
* Source text for Eikon