ISPT settles on two properties

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Ashfield Mall, NSW

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Shopping Centre News

August 9 2018

5min read

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ISPT has settled on two retail centres adding to the retail portfolio. A 50% interest in Ashfield Mall, 8km west of the Sydney CBD and a 100% interest in Nundah Village, located 8km north of the Brisbane CBD.

Ashfield Mall is co-owned with Abacus Property Group and is a sub regional centre with Woolworths, Coles and Aldi supermarkets.

Nundah Village is a convenience based neighbourhood centre with a Woolworths supermarket.

Nundah Village, QLD

Sam Curry, General Manager, Retail Services at ISPT said “Ashfield Mall and Nundah Village are well located close to transport hubs, major CBD’s and within strong trade areas. We see the potential for long term redevelopment options to see these Centres grow in line with the local community requirements. ISPT is pleased to partner with Abacus Property Group on Ashfield Mall.”

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Shopping Centre News

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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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