In March 2008, at the inaugural Big Guns Lunch in Sydney, we presented the first SCN Award for a centre that had reached an MAT of $1 billion! It was a huge achievement and Chadstone took the honours. At the time, Westfield Bondi Junction came in 2nd place with an MAT of $900 million, and the total MAT for the Top 10 Big Guns, the most powerful centres in Australia had a combined MAT of $7.6 billion.
It’s 2018 and this is our Big Guns Issue – exactly 10 years on from the first $1 billion award. Today we show five centres with a billion-dollar turnover; the next three centres trade above $900 million and the last two are over $800 million.
In 2008, total MAT of the Top 10 centres was $7.6 billion; today it’s $10.8 billion – that’s an increase of some 43%!
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Belinda Daly
16-01-2019
Hi Michelle, Indooroopilly Shopping Centre had just changed owners last year when the survey was due and didn't submit their figures. They should be included in the 2019 report. SCN
Michelle Brindle
10-12-2018
Hi there, where is Indooroopilly Shopping Centre?