Colliers secures world renowned Lune Croissanterie for Sydney CBD development

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Sydney Metro Martin Place development

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Shopping Centre News

July 6 2023

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One of Melbourne’s most celebrated patisseries is coming to the Sydney CBD, securing space in a brand-new Martin Place tower.

Melbourne’s world-famous Lune Croissanterie is heading to Sydney in 2024, with its second premium outlet now announced at 1 Elizabeth Street in Martin Place, following the reveal of their new flagship store in Darlinghurst.

The second location is part of the Sydney Metro Martin Place integrated station precinct, which is being delivered by Macquarie Group.

The deal for the approximate 100m2 space was secured by the Colliers team of Michael Tuck and Jo Windybank, who identified Lune as an ideal anchor tenant for such an iconic development.

“This exciting deal marks a significant milestone for both Lune Croissanterie and the Martin Place metro development. With its prime position and diverse retail offerings, 1 Elizabeth is set to become a vibrant destination for the best-in-class retailers, and Lune Croissanterie is leading the way,” Tuck said.

“This prime location, with its activated street frontages and high foot traffic, is the perfect setting for Lune Croissanterie’s venue. We are proud to have played a part in bringing this iconic brand to the heart of the CBD.”

The Sydney Metro Martin Place integrated station precinct is being delivered by Macquarie Group

Lune will join one of Sydney’s most vibrant and diverse retail and dining spaces, with a mix of memorable dining experiences, espresso bars, fashion and retail stores.

“With its unique arrival experience and a vibrant mix of retail and dining spaces, 1 Elizabeth is poised to become a sought-after destination for food enthusiasts and retail connoisseurs alike,” Windybank added.

Founded in 2012, Lune’s popularity has seen it claim the title of “World’s best croissant” by New York Times food critic Olivier Strand, with long queues a common fixture outside their Melbourne premises.

Lune – Traditional Croissant

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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