North Rocks Shopping Centre

North Rocks Shopping Centre is a shopping centre in North Rocks, a suburb of Sydney, Australia.History and developmentOriginally opened in 1975, it was acquired by the Westfield Group in 1982 and rebranded as Westfield North Rocks.The centre has a current catchment area of 114,660 persons, and retail spending in the catchment area estimated at 1.3 billion (2006). Annual turnover at the centre for 2006 was $102.2 million with 3.7 million visitors per year.By 2001, the centre had grown to 21298m2 with 89 retailers.The shopping centre went through a redevelopment which added branches of Aldi, The Reject Shop and other retailers.Sale by Scentre Group to ChallengerIn August 2015, after Westfield split off a subsidiary named Scentre Group in 2014 which owned this centre, Scentre announced that it planned to sell some of its smaller shopping centres to reduce debt. Later that month, it announced it had finalised the sale of the centre to Challenger Limited for $127 Million. At the same time,