Invesco has sold Forestway shopping center in the northern Sydney suburb of Frenchs Forest to private platform Revelop in a A$100 million ($78 million) deal, reported Financial Review.
Forestway has close to 10,000 square meters (108,000 square feet) of retail and office space, anchored by Woolworths and Aldi malls, along with numerous specialty stores.
Revelop’s immediate plans are to improve the parking, appearance and tenancy mix at the mall.
