retail tenant move – realestatesource

DFO South Wharf opens today, on the same day the outgoing Spencer Street DFO will be converted into a mainstream shopping centre.

Confirming the worst kept secret in Melbourne property circles, developer Austexx will relocate the popular discount arcade to its new $750 million South Wharf develpment, on the banks of the Yarra River in Southbank, just south of the Docklands border over the Charles Grimes Bridge.

The 60,000 square metre complex includes a 25,000 square metre DFO, homemaker centre, and a leisure and lifestyle area. The wider South Wharf development also includes a Hilton Hotel, and office building.

Victoria

DFO South Wharf, Melbourne, to Open October 15

October 3, 2009 Marc Pallisco industry news, retail tenant move, shopping centre

MELBOURNE’s $750 million South Wharf project, at the point where Southbank meets Docklands, will become the city’s next DFO (Discount Factory Outlet).

The owners of the South Wharf and Spencer Street DFO outlet, Austexx, have confirmed a two year rumour that the 60,000 square metres of retail space within the South Wharf complex, will accommodate existing Spencer Street DFO tenants, and then some.

The Spencer Street DFO shopping centre will be refitted and rebranded simply as “Spencer Street”, once DFO tenants start relocating from October 15.

Victoria

Le Louvre to Leave Collins Street For South Yarra

June 29, 2009 Marc Pallisco CBD retail sale, retail tenant move

MELBOURNE establishment frock shop Le Louvre will leave its long time home at 74 Collins Street, and relocate to South Yarra.

Boutique owner Georgina Weir has sold the prominent 3-level 1855 building to Queensland Investment Corporation, which owns the 50-plus level Nauru House office building behind Le Louvre.

Le Louvre stood in the way of a $500 million mixed use village of high rise offices, and a shopping arcade proposed by QIC for the Nauru House forecourt last year.