Tuesday, 14 August 2012

North Ryde. Shopping centre loses sales

Macquarie Centre, at North Ryde, jointly owned by Westfield and AMP, has lost 16 per cent of its trade in the past four years, and is among the worst performing shopping centres in Australia, according to Shopping Centre News. The Australian Financial Review said the owners have “no binding arrangements” regarding resolution of the issue. Earlier reports indicated that Westfield may become the sole owner.



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