CVS Lane Capital Partners | Retail Partnership
51633
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Retail Partnership

Retail Partnership

In 2014, CVS Lane and Consolidated Properties formed a Retail Partnership targeting to build a portfolio of supermarket anchored neighbourhood shopping centres. The Retail Partnership’s intention is to source assets with development or value adding potential.

 

Sites purchased to date include;

 

Coles Casuarina

  • Coles Casuarina is located in the coastal town of Casuarina, NSW, approximately 120kms south east of Brisbane.
  • Upon completion, Coles Casuarina will be a neighbourhood shopping centre comprising a Coles anchored supermarket and at least eight specialty stores plus 237 car parks.
  • Construction is expected to complete in March 2016.

 

Karalee Shopping Village

  • The Karalee Shopping Village is located in a high growth residential locality approximately 25 kilometres south west of the Brisbane CBD.
  • The site is an established 5,800 square meter neighbourhood shopping centre anchored by a full line Woolworths supermarket and 16 speciality stores.
  • The Retail Partnership has entered into an option agreement to purchase two adjacent development lots that include development approval for the construction of a Coles supermarket and additional speciality retail stores.
Date

December 3, 2015

Category

Equity