Top Ryde. EOI in shopping centre

Expressions of interest are expected to be called in the Top Ryde shopping centre. Jones Lang Ls Salle is expected to call for expressions of interest on August 23 in the centre which cost $800 million to develop, and was valued in May around $300 million. Numerous potential buyers have taken a look since administrators, BRI Ferrier, took control of the centre in February 2011, The Australian Financial Review said.

Top Ryde. Rights bought for $4.3 million

Crown Group Holdings has outlaid $4.3 million to purchase the rights to build 12,000 square metres of commercial office space above the Top Ryde shopping centre. The purchase brings the group’s development realisation in the precinct to about $500 million, according to The Australian Financial Review.