Real Estate

Rundle Place

Adelaide’s only premium retail shopping center with South Australia’s only Apple store

Rundle Place is positioned in the commercial core and the heart of Adelaide’s leading retail destination, Rundle Mall. The center’s location gives it direct access to the commercial core’s 113,000 daily workers and the 400,000 retail shoppers that visit Rundle Mall each week.

Rundle Place
Sector
Retail
Country
Australia
Fund
Real Estate
Entry
2021
Type
Website
Website
GO TO WEBSITE

About

Rundle Place

Constructed in 2013, Rundle Place is the only premium shopping center in the Adelaide CBD, offering the best retail accommodation and a mix of premium brands. With a large 52-meter frontage to one of Australia’s busiest pedestrian malls and positioned close to multiple transport hubs and cultural landmarks including the Riverbank precinct, Adelaide Oval and North Terrace.

Value will be unlocked by the full stabilization of the center through lease renewals of upcoming tenant expiries and the remaining lease up of vacant space within the center. The center will benefit from the strong economic and demographic growth fundamentals of Adelaide.

‍

Investment Highlights

Real Estate

Rundle Place

Adelaide’s only premium retail shopping center with South Australia’s only Apple store

Rundle Place is positioned in the commercial core and the heart of Adelaide’s leading retail destination, Rundle Mall. The center’s location gives it direct access to the commercial core’s 113,000 daily workers and the 400,000 retail shoppers that visit Rundle Mall each week.

Rundle Place
Sector
Retail
Country
Australia
Fund
Real Estate
Entry
2021
Type
Website
GO TO WEBSITE

About

Rundle Place

Constructed in 2013, Rundle Place is the only premium shopping center in the Adelaide CBD, offering the best retail accommodation and a mix of premium brands. With a large 52-meter frontage to one of Australia’s busiest pedestrian malls and positioned close to multiple transport hubs and cultural landmarks including the Riverbank precinct, Adelaide Oval and North Terrace.

Value will be unlocked by the full stabilization of the center through lease renewals of upcoming tenant expiries and the remaining lease up of vacant space within the center. The center will benefit from the strong economic and demographic growth fundamentals of Adelaide.

‍

Investment Highlights

Real Estate

Rundle Place

Adelaide’s only premium retail shopping center with South Australia’s only Apple store

Rundle Place is positioned in the commercial core and the heart of Adelaide’s leading retail destination, Rundle Mall. The center’s location gives it direct access to the commercial core’s 113,000 daily workers and the 400,000 retail shoppers that visit Rundle Mall each week.

Rundle Place
Sector
Retail
Country
Australia
Fund
Real Estate
Entry
2021
Type
Website
JV Partner
Fortius

About

Rundle Place

Constructed in 2013, Rundle Place is the only premium shopping center in the Adelaide CBD, offering the best retail accommodation and a mix of premium brands. With a large 52-meter frontage to one of Australia’s busiest pedestrian malls and positioned close to multiple transport hubs and cultural landmarks including the Riverbank precinct, Adelaide Oval and North Terrace.

Value will be unlocked by the full stabilization of the center through lease renewals of upcoming tenant expiries and the remaining lease up of vacant space within the center. The center will benefit from the strong economic and demographic growth fundamentals of Adelaide.

‍

Key Figures

Location
Sydney, New South Wales
Site Area
1,681 m2 (combined development site)
Asset Class
Office
Occupancy
100%
Location
Adelaide, South Australia
Gross Lettable Area
23,243 m2
Asset Class
Retail
Passing Yield
5.2% (at acquisition)
Tenants
90 (at acquisition)
Location
Melbourne, Victoria
Site Area
258,885 m2
Asset Class
Mixed-use
(Residential and Commercial)
Residences
1,000+
Location
Melbourne, Victoria
Site Area
15,745 m2
Asset Class
Office (with supporting retail)
Net Lettable Area
up to 56,000 m2 (upon completion)

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