Portal:City of Bankstown/Selected article/7

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Centro Bankstown, formerly Bankstown Square is a major regional shopping centre situated in the central business district of the City of Bankstown. It has 285 specialty stores including a number of major retail stores. Opening in 1966, the shopping centre has undergone several refurbishments and additions. The most recent work involved extension of the shopping complex to a block of land opposite Lady Cutler Ave.

In October of 2002 General Property Trust (GPT) divested its 50% interest in Centro Bankstown to Centro Properties Group. GPT received $176 million for sale of its interest in the shopping centre which it jointly owned with the Government Superannuation Office (GSO).