Tuesday 7 October 2008

Region. $60 million funding for shopping centres

FKP property group has secured $60 million from a Sydney investor, Isaac Solomon, to fund the remainder of shopping centre developments at the Norwest Business Park and Mount Annan, according to The Australian Financial Review. Circa Retail, at Norwest, now being finished in a joint venture with Mulpha Australia, will have a 2884-square-metre Woolworths supermarket, 25 speciality stores, a food court, two kiosks and more than 300 car spaces. Mount Annan Central will be anchored by a Coles supermarket, 18 speciality stores and parking for more than 200 vehicles.

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13 Comments:

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A nice outcome for Norwest Business Park. A lot of companies are heading for the Sydney Hills. Will really build out the final stage of Norwest with a lot of new jobs for people closter to home. Pity the NSW Government cannot seem to sort out the North West metro rail line to keep up with private investors.

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