Blackstone moves to divest Sydney shopping centre

www.greenstreetnews.com

US private equity monolith Blackstone is capitalising on strong interest in retail property investments...

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Located on the corner of Devlin Street and Blaxland Road in Ryde, approximately 14km from the CBD...

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The US giant bought the property in 2012 for a discounted $340m from receivers, who sold it ...

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The centre cost $740m to build and after itsacquisition, Blackstone has spent around $125m in phased...

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Top Ryde has been on and off the market in the past decade. Blackstone previously tried to sell...

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