Monday, 30 June, 2014 - 09:56
Kings Square retail game changer
Overseas and interstate retailers are lining up to be part of an emerging new precinct in the Perth CBD.
Ben Tana is an experienced commercial real estate agent who has spent more than 10 years specialising in property management, leasing and sales. With a list of clients that has included Brookfield Multiplex, listed property fund ISPT, multinational ING, Hawaiian Group and Charter Hall, Mr Tana has an established reputation for delivering excellent client service designed to maximise return on investment.
Overseas and interstate retailers are lining up to be part of an emerging new precinct in the Perth CBD.
Global clothing giant H&M is set to enter the Western Australian market after months of rumour and innuendo, with the retailer understood to be about to sign a lease to move into the GPO Building in Forrest Place.
Cancer Council WA is shifting its headquarters to Subiaco, after buying a 2,200 square metre office in the Westgate Building on Railway Parade in a deal brokered by commercial agency Burgess Rawson.
Lakeside Joondalup Shopping City has secured another international brand coup, with H&M to open its first Western Australian store at the mall later this year, ahead of an expected CBD outlet for the global fashion retailer.
Food and beverage operators are leading a revival for high street retail property, with Beaufort Street, Oxford Street and Albany Highway buzzing, and depressed centres Rokeby Road and Bay View Terrace tipped to be on the way back.
Former Aquila Resources boss Tony Poli is advancing plans to build a new shopping centre in the eastern suburbs, after his property development company bought a vacant site for $2.6 million in a deal brokered by Colliers International.
Tony Poli's Aigle Royal Developments will revive the long-stalled Port Geographe development near Busselton, after it bought a 59-hectare tract of land in a deal worth $13.5 million.
Heralded streetwear retailer Culture Kings is opening a Perth store, signing a lease to take up space in the Hay Street Mall, in a deal brokered by Colliers International.Culture Kings will take up a 587 square metre tenancy, previously home to Ally Fashion, at 664 Hay Street.
Global fashion giant H&M says its first Western Australian store will open at Lakeside Joondalup Shopping City on August 29, while it also appears to be making progress on opening its planned CBD shop.
Vacant shops are usually considered to be harbingers of doom and gloom in the retail sector, but that may not necessarily be the case in Perth’s CBD.
SPECIAL REPORT: Property groups are chasing retail opportunities in Perth’s CBD with a pipeline of upgrades and developments worth more than $250 million.
A private Chinese investor has made its first move in Perth’s property market, purchasing Kelmscott Plaza Shopping Centre for $19 million.
ASX-listed property group Vicinity Centres, which is looking to sell six shopping centres in WA, has exchanged contracts with a private Australian property syndicator for Flinders Square in Yokine.
The Village, Australind Shopping Centre, and the adjacent Mardo Commercial Centre have been acquired by Acure Asset Management for $39.43 million from private property company the Vukelic Group, representing a yield of 8.3 per cent
Vikas Rambal’s Perdaman Industries has continued its march on retail property, adding a third shopping centre to its portfolio through the $20 million acquisition of The Village at Margs.
Neighbourhood shopping centres and supermarkets are drawing significant investor interest, with more than $140 million worth of transactions occurring in 2019.
Sirona Capital has engaged Colliers International and CBRE to offer its 5,706 square metre shopping centre in Margaret River to the market.
Position | Company | Year | Company's current rank |
---|---|---|---|
Director, Metropolitan Retail Sales & Leasing
|
2016 - 2020 | 3 | |
Manager, Sales & Leasing WA
|
2012 - 2016 | 3 | |
Leasing Manager
|
- 2007 | 50 |