What a year for Little Guns! Last year, an MAT of $300 million got you into the Top 10; this year, you needed $300 million to get into the Top 20!
Perron Group’s Belmont Forum, managed by JLL had another cracking year recording an 8.7% increase in MAT to take the No. 1 honours with $479 million. ISPT’s Waurn Ponds, managed by Colliers jumped five places to No. 2 with a 17.4% increase.
Other great increases in the Top 10 were Westfield Helensvale with a 12% lift in MAT, mirrored by Marrickville Metro up 12%. Mirvac’s Birkenhead Point is up by 13.3% and fresh out of a redevelopment, ISPT’s Karringal Hub showed a 27% hike, placing it at No. 12.
Mirvac’s East Village continues to dominate the MAT/m2 table, knocking on the $18,000/m2 door – this year up 11% to $17,956 – with Winston Hills Mall at No. 2 with $11,959.
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