Wealth management company AMP Limited
(ASX:AMP) has unveiled the final stage of Macquarie Centre’s $440 million redevelopment.
AMP Capital says the project has transformed the North Ryde centre into Sydney’s largest suburban shopping centre and a premium shopping destination.
The company believes the completion of Macquarie Centre is a major milestone for AMP Capital’s $5 billion property development pipeline and its investors.
The opening showcased a two-level fashion galleria with more than 100 new stores, dining options, valet parking, more than 5,000 parking spaces and free Wi-Fi throughout the centre.
Macquarie Centre is managed by AMP Capital Shopping Centres.
AMP reported a net profit of $407 million in the first half of the 2014 calendar year.
