The last major works of the center were completed in 1998 at a cost of $ 95.3 million, adding 54,000 m2 of rubbish area.
AMP Capital's global head of real estate, Carmel Hourigan, said development is a great opportunity to locate the long-term commercial center as a destination for the future, while providing sustainable investment results for UniSuper.
"As long-term investments in Western Australia, today marks a significant day for AMP Capital and our valuable client, UniSuper and its members who are the last recipients of the attractive return on investments that this development aims to deliver," said Hourigan.
The remodeling, designed by Perth-based architecture firm Taylor Robinson Chaney Broderick and Hames Sharley, will also add 94 high-end residential apartments, reduced from the 150 originally planned.
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