Penrith’s Glenmore Park SC Sells For $40 Million

AMP Capital Investors has offloaded its Glenmore Park shopping centre near Penrith for a reported $40 million.

The purchasers, a family syndicate called Village Fair Group, plan to expand the centre to include a discount department store and about 30 specialty shops.

The 4.5 hectare site includes as tenants: Woolworths, McDonald’s, ANZ and Australia Post.

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