Search

AMP flags $400m Garden City revamp

Plans are in motion for a $350 to $400 million redevelopment of Booragoon’s Garden City shopping centre, after a complex multi-million dollar ownership swap between Westfield and AMP Capital.

AMP Capital and Westfield swapped interests in a total of seven centres, handing AMP Capital complete ownership of Garden City Booragoon, Pacific Fair on the Gold Coast and Sydney’s Macquarie Centre.

Westfield has taken full ownership of Garden City Mt Gravatt in Brisbane and Casey Central in Victoria, while Sydney's Warringah Mall and Victoria's Knox Shopping Centre remain joint ventures between the two companies, but with altered ownership levels.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Register for free

Sign up here for free access to 7 articles per month + twice daily business email alerts.

CAPTCHA
Thanks! This question prevents spammers...
Image CAPTCHA
Enter the characters shown in the image.

Add your comment

Gross lettable area

4th↓Westfield Whitford City77,787
5th-Garden City Booragoon72,221
7th-Karrinyup Shopping Centre51,189
8th-Midland Gate Shopping Centre56,373
153 shopping centres ranked by gross lettable area (gla) in m2

Number of Employees

Fashion Retail Precincts

BNiQ Disclaimer