trending Market Intelligence /marketintelligence/en/news-insights/trending/MoGrOwThHwrfbMrVuuiCAw2 content esgSubNav
In This List

AMP Capital funds buy 50% stake in Australian mall for more than A$800M

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


AMP Capital funds buy 50% stake in Australian mall for more than A$800M

Two AMP Capital funds each purchased a 25% stake in Indooroopilly Shopping Centre in Brisbane, Australia, in a transaction valued at more than A$800 million.

AMP Capital assumed management of the superregional center on behalf of the investors. The property has a gross lettable area of 116,447 square meters and features tenants such as Myer, David Jones, Coles, Woolworths, H&M and Uniqlo.

The center offers the potential to add 90,000 square meters of gross floor area, among other long-term mixed-use development opportunities.

Eureka - Real Assets, acting on behalf of Commonwealth Superannuation Corp., sold the stakes.