Sydney Luna Park: Canadian owner Brookfield puts Sydney theme park on the market for $70m

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 90%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Canadian property giant Brookfield is stepping off the ride at the famed harbourside attraction and is ready to hand the fun times over to a new owner.

Already a subscriber?Much-loved Sydney landmark Luna Park is for sale with expectations of $70 million or more as its owner, Canadian property giant Brookfield, looks to recycle capital into new opportunities.

“As we focus our Australian portfolio on core assets, it’s time for Luna Park to transition to new custodians, who can steer the business through to its next phase of growth and ensure it remains an icon of the harbour city,” Brookfield head of real estate investments Ruban Kaneshamoorthy said. Luna Park Sydney chief executive John Hughes said the additions of the Immersive Big Top and new rides over the past four years had led to record visits and further work was being considered.“Our outstanding management team is pursuing a strong pipeline of new opportunities that will further add value to the business,” Mr Hughes said.

In Sydney, Brookfield has appointed CBRE’s Simon Rooney, James Douglas and Paul Ryan to handle the sale campaign.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 2. in RU

Россия Последние новости, Россия Последние новости