{"id":4115,"date":"2025-02-24T07:18:06","date_gmt":"2025-02-24T07:18:06","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2025\/02\/24\/gravanis-brothers-secure-37-4-mln-for-luna-park-revamp-through-mall-sale\/"},"modified":"2025-02-24T07:18:06","modified_gmt":"2025-02-24T07:18:06","slug":"gravanis-brothers-secure-37-4-mln-for-luna-park-revamp-through-mall-sale","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2025\/02\/24\/gravanis-brothers-secure-37-4-mln-for-luna-park-revamp-through-mall-sale\/","title":{"rendered":"Gravanis brothers secure $37.4 mln for Luna Park revamp through mall sale"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1262466\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/02\/hero-rollercoaster-320x200.jpg?v=1740379418\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/02\/hero-rollercoaster-scaled.jpg?v=1740379418\" alt=\"Gravanis brothers secure $37.4 mln for Luna Park revamp through mall sale\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/02\/hero-rollercoaster-960x600.jpg?v=1740379420\"\/><br \/>\n                        <\/source><\/picture>\n                                                        <\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>Bill Gravanis, the new owner of Sydney\u2019s Luna Park through his family-run Oscars Group, has secured A$37.4 million ($24.5 million) to fund the amusement park\u2019s redevelopment by selling The Village on Summer Street mall in Orange, New South Wales, The Sydney Morning Herald reports.<\/p>\n<p>According to the report, the shopping centre was co-sold by architect Paul Saunders, who had partnered with Oscars Group to acquire the asset for A$22 million in April 2019.<\/p>\n<p>The 21,090-square-metre property, comprising a 4,947 sq.m. shopping mall and 2,573 sq.m. of developable land, was acquired by Centennial and its partner, Parkstone Funds Management.<\/p>\n<p>Centennial\u2019s executive director, Paul Ford, emphasized the centre\u2019s steady income stream from its essential retail offerings and the region\u2019s positive growth prospects.<\/p>\n<p>\u201cThis deal positions us well as we continue to scale our retail portfolio,\u201d he said.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/politics\/diaspora-politics\/1262466\/gravanis-brothers-secure-37-4-mln-for-luna-park-revamp-through-mall-sale\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Gravanis, the new owner of Sydney\u2019s Luna Park through his family-run Oscars Group, has secured A$37.4 million ($24.5 million) to fund the amusement park\u2019s redevelopment by selling The Village on Summer Street mall in Orange, New South Wales, The Sydney Morning Herald reports. According to the report, the shopping centre was co-sold by architect &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Gravanis brothers secure $37.4 mln for Luna Park revamp through mall sale\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2025\/02\/24\/gravanis-brothers-secure-37-4-mln-for-luna-park-revamp-through-mall-sale\/#more-4115\" aria-label=\"Read more about Gravanis brothers secure $37.4 mln for Luna Park revamp through mall sale\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/02\/hero-rollercoaster-960x600.jpg?v=1740379420","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-4115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/4115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=4115"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/4115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/4116"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=4115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=4115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=4115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}