The mall is part of a mixed-use development which includes a residential component. It offers an aggregate lettable area of 77,054 sqm with 2,739 car park lots.
Keppel REIT, which has a portfolio of commercial assets, is looking to expand into the retail asset class.
On Oct 8, the REIT manager announced that it has entered into an agreement to acquire a 75% effective interest in Top Ryde City Shopping Centre for A$393.8 million ($334.8 million). Top Ryde City Shopping Centre is a freehold retail mall located along Devlin Street in the City of Ryde, Sydney.
