Fortress Sydney: The Ultimate Gaming Destination at Central Park Mall Now Open

Fortius Funds Management, now part of Growthpoint Properties Australia, has launched a major expansion and opened its latest venue at the Central Park Mall on Sydney’s CBD Fringe, with the opening of Melbourne-born entertainment and video games powerhouse, Fortress.

The new Fortress spans a vast area of 2,500 square metres. Fortress Sydney is a unique facility with a capacity to hold over 1,000 people.

Fortress has become the largest leisure facility in the Southern Hemisphere and has now anchored the Central Park Mall, which already houses various retail stores, restaurants, cafés, and a cinema complex, boasting a gross lettable area of 15,085 square metres.

The new venue is also expected to give a significant boost to Sydney’s night-time economy, with the interactive games industry anticipated to be valued at $4.9 billion by 2025.

The Executive Director of Funds at Fortius, Sam Sproats, stated that Central Park Mall offers an exceptional lifestyle opportunity for the locals. And with its primary location within the mall, Fortress Sydney is projected to attract about 400,000 yearly visitors.

In 2019, Fortius purchased the Central Park Retail properties from Frasers Property Australia and Sekisui House for $174.5 million. The acquisition comprised three retail properties, including DUO Retail, Park Lane Retail, and Central Park Mall, forming an integral part of one of the largest mixed-use urban projects in Sydney.

Despite the challenges posed by the global pandemic, Fortius executed a successful leasing strategy. Consequently, Fortius Growthpoint and SC Capital sold the DUO retail stratum for $26.1 million in June 2022, indicating the growth and success of the company.

In September 2022, Growthpoint completed the acquisition of Fortius. The move aimed to leverage the complementary strategic vision between the two businesses, and cater to the ever-increasing needs of investors.

With the launch of Fortress Sydney, the Central Park Mall is expected to attract more retailers in the upcoming weeks, generating momentum for its growth and positioning the mall as a top-of-mind destination for leisure and entertainment.

Fortress Sydney is located at Central Park Mall at 28 Broadway Chippendale.

Published 17-April-2023