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The recent sale of half a share in Indooroopilly Shopping Center for about $ 800 million at the end of last year, the country's largest single retail business.
Peter Allen stated that Eastgardens had significant redevelopment potential in its retail spaces as well as potential mixed-use projects such as apartments.
The surrounding suburbs were renewing themselves significantly, he says
"Consistent with the group's strategy, this transaction is rare." Westfield Eastgardens is viewed by the planning authorities of Sydney as a "center". strategic "with strong projected population growth.
Scentre will explore the introduction of more local and local.International fashion retailers and the expansion of catering, entertainment and lifestyle offerings
"Westfield Eastgardens Offers Unique Opportunity Mr. Rooney said the Scentre acquisition was a" strong positive support for the retail business outlook. "
Originally built in 1987, Westfield Eastgardens was extended in 2013 to approximately 84,220 square meters of total leasable area
The mall is anchored by a store Myer, Kmart, Big W, Target, a Hoyts movie theater and three supermarkets: Woolworths, Coles and Aldi.
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