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AMP Capital snaps up Newcastle mall for $163m

People & Companies / Latest News

Australia

Jul 08 2017

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Carolyn Cummins, The Sydney Morning Herald

In a boost to the Newcastle CBD, AMP Capital has snapped up the Marketown​ Shopping Centre, for $163 million, on behalf of its client, Sunsuper.

It comes at time when retail sales are showing improvement, particularly for malls that offer larger food courts and are not as reliant on the less-performing department stores.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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