AMP Capital Shopping Centres has today confirmed Forever 21 as the fifth international high street store to take residency at Macquarie Centre with its doors set to open this December. The American fashion chain will join H&M, UNIQLO, Zara and Gap, which open on 16 October, making Macquarie Centre home to the most large format international high street fashion brands of any Australian shopping centre.
Macquarie Centre's $440 million transformation will be unveiled on 16 October 2014 with the enviable mix of international stores joining domestic powerhouses Myer and David Jones, its first new premises in Sydney for seven years. These brands will form part of a glamorous two-floor fashion galleria that will feature a total of 100 specialty fashion and beauty stores.
Bryan Hynes, Managing Director AMP Capital Shopping Centres, said: "In addition to H&M and UNIQLO, Forever 21 has selected Macquarie Centre to be its first Sydney location. This is a clear demonstration that the international brands share our belief in the strength of this market and in what we are delivering."
The list of stores opening at Macquarie Centre will also include luxury Australian designers Scanlan Theodore, Zimmermann, Alice McCall, Gorman, Willow and Sass & Bide, adding weight to an already impressive line-up of retailers.
In addition to being Sydney's premium fashion destination, Mr Hynes said that Macquarie Centre will also become the largest suburban shopping centre in New South Wales, with 138,500 square metres of floor space.
Shoppers are being encouraged to download MyMacquarie, a personalised app for shopping, fashion news, trends and events. It is the first Australian app to feature catwalk-to-mobile technology, which allows users to compile a 'look book' of favourite outfits from the runway live event on opening day and then helps them to navigate their way around the centre to browse and purchase items.
The new-look Macquarie Centre will also feature a dining and cafe precinct, approximately 5,000 parking spaces, and a range of premium shopping services including valet parking and free WIFI. Stage one of the centre's redevelopment opened in July and includes a Fresh Food Market precinct featuring new Coles and ALDI supermarkets alongside a refurbished Woolworths. It also includes a range of market-style eateries such as Costi's Seafood Market Macquarie, Inlakesh Living Foods and F & L Gourmet.
Macquarie Centre is managed by AMP Capital and owned by the AMP Capital Shopping Centre Fund (ASCF), the Australian Core Property Portfolio (ACPP) and the AMP Capital Retail Trust.
About Macquarie Centre
Macquarie Centre is located north of the Sydney CBD at North Ryde, and is managed by AMP Capital Shopping Centres. The centre is currently undergoing a $440 million redevelopment to become a premium shopping destination.
Once complete, the centre will cover 138,500 square metres over four levels, and will house major tenants David Jones, Myer, Big W, Target, Coles, Woolworths and Aldi. The centre also has Event Cinemas Macquarie, featuring three Gold Class Cinemas and 12 regular cinemas and Bar, Strike Bowling Bar, and the unique Macquarie Ice Rink. For further information visit macquariecentre.com.au.
About AMP Capital Shopping Centres
AMP Capital Shopping Centres combines world-class experience and specialist capabilities with a deep understanding of local property markets. Supported by the strength of AMP Capital and the experience of the AMP Group, the business is uniquely positioned to provide premium asset and property management services to some of Australia and New Zealand's most successful and high-performing retail centres. Established in 1971, AMP Capital Shopping Centres has a portfolio comprising 26 centres throughout Australia and New Zealand, which generate more than A$6 billion in annual sales and attract more than 170 million visitations annually. AMP Capital Shopping Centres employs more than 275 people and has more than 3,000 individual retailer relationships*.
*As at December 2013. Includes internally and externally managed centres.
Important information
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