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Conquest Plots $1bn Scheme for ‘Bargain’ Sydney Asset
Private equity real estate firm Conquest has announced an ambitious $1-billion suburb-transforming development.
Conquest’s acquisition of the Eastlakes ShoppingCentre in Sydney’s south-east for $75 million has been swiftly followed by it unveiling plans for the development that Conquest founder Michael Akkawi said would “transform Sydney’s eastern suburbs”.
The Eastlakes City development would incorporate a range of resident amenities throughout the project, including concierge services, wellness centres, gyms, and communal facilities designed to create a community-focused living environment.
