Freak indoor skydiving. Source: FREAK VR
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Indoor Skydive Australia (IDZ) rolls out its fourth FREAK venue in Sydney, New South Wales (NSW)
  • IDZ, a part of ISA Group, has penned an agreement with AMP Capital, the owners of Macquarie Centre in Sydney, for a five-year lease of the retail site in Sydney’s north shore
  • The company says it expects trading to reach record levels as consumers come out of lockdown and enter the school holidays across NSW
  • Indoor Skydive Australia has dropped 8.33 per cent, trading at 2.2 cents at 12:52 pm AEST

Indoor Skydive Australia (IDZ) is rolling out its fourth FREAK venue in Sydney, New South Wales (NSW).

IDZ, a part of ISA Group, has penned an agreement with AMP Capital, the owners of Macquarie Centre in Sydney, for a five-year lease of the retail site in Sydney’s north shore.

Macquarie Centre is a leading Sydney shopping centre, surrounded by corporate businesses, a large local population and Macquarie University, with train lines and the new Sydney metro nearby. The new location, huddled close to a Timezone, cinemas and dining areas, offers 127 square metres that will see FREAK’s flagship free roam arena, offering Ghost Patrol and Arizona Sunshine Arena games.

The FREAK product is a free roam, multiplayer virtual reality experience that is said to offer the most real life 4D encounters available in Australia.

An Assassins Creed-themed virtual reality escape room for four players will also be on offer, along with four, full motion VR racing simulators. The VR technology will be delivered by HP and HTC Vive, following FREAK’s strategic partnerships that have been established over the past two years.

Wayne Jones, Indoor Skydive CEO said, “After a brief pause due to lockdowns, we are excited to continue with the FREAK rollout in line with the company’s strategy, and to have FREAK’s fourth location open in time for the summer holiday period.”

“We expect the trading to reach record levels as consumers come out of lockdown and enter the school holidays across NSW.”

Indoor Skydive Australia had dropped 8.33 per cent and was trading at 2.2 cents at 12:52 pm AEST.

IDZ by the numbers
More From The Market Online
Entrance to a Myer store in Sydney

Myer slammed -20% to 50cps on boring earnings report: Flat sales after Apparel Brands pickup, no divvy

Myer, while describing its FY25 results as "resetting the base to drive growth," has clocked flat…
Stock chart concept

Domino’s sinks again not long after Group CEO quits out of blue

Domino's Pizza has once again sunk on its latest earnings update, this time for FY25, not…
A fallen burrito on an asphalt roadway.

GYG down -20% as NPAT underwhelms; divvy not sweet enough, stock breaking even

In a “Letter from the Co-CEOs” released by Guzman Y Gomez (ASX:GYG) along with its FY25 reports on Friday
A Rebel storefront with clothes in the window.

Super Retail Group up +13% after hitting $4.1B in sales, but margins dented

Super Retail Group (ASX:SUL) landed a record $4.1B in sales, up 4.5%, proving in a tough…