• Discounted purchase of a debt facilities for $14.5 million secured by a shopping centre in Armidale New South Wales with NLA of 16,782sqm and leasing upside
  • On purchase, the tenancy profile included a Country Target, Kmart and 69 specialty stores. With no supermarket offering the centre suffered from speciality vacancy
  • Following purchase, a lease agreement was executed with Supa IGA for a 2,875sqm supermarket anticipated to encourage stronger trade and traffic numbers and speciality leasing was undertaken