Thursday 21 June 2012

Top Ryde. Centre valued at $350 million

The 78,215-square-metre Top Ryde shopping centre has been valued at $350 million. “The centre has left a $600 million hole in [five] banks’ collective pockets, so a $350 million sale would hardly touch the sides,” The Australian Financial Review said. The centre, redeveloped at a cost of $800 million by Bevillesta, was placed in receivership in February 2011.

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