Sunshine Plaza
From Wikipedia, the free encyclopedia
Sunshine Plaza is a large shopping centre located in Maroochydore on the Sunshine Coast. With majors stores and supermarkets including Coles, Woolworths, Myer, Kmart, Target, and Birch Carroll and Coyle 12 Cinemas with another 250 individual shops. It is managed by Lend Lease[1]
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[edit] History
Sunshine Plaza started as a small shopping centre and began trading in 1994, and now has 62,000sqm of gross lease able area including Myer, Target, K-Mart & Birch Carroll and Coyle cinema complex.[2]. A recent expansion included the addition of a Woolworths supermarket, a new leisure and restaurant precinct, and the expansion of the Birch Caroll & Coyle cinema complex was completed in 2002 [3]
In early 2005 it was announced that Westfield will take a 25 percent stake in Sunshine Plaza[2] with clearance from the ACCC[4]. The General Property Trust wanted to sell its stake, but joint owners Lend Lease, through APPF Retail had argued that they had exercised their pre-emptive rights over the centre, which gave them the rights to buy any part that GPT wants to sell before any one else can buy it.[5]
[edit] See also
[edit] References
- ^ Development application approved for Sunshine Plaza retrieved 27 January 2007
- ^ a b Westfield announces acquisition of GPT shopping centres, Westfield Group, retrieved 27 January 2007.
- ^ Sunshine Plaza - GPT Group retrieved 27 January 2007
- ^ Australian Competition and Consumer Commission ACCC not to oppose Westfield acquisitions retrieved 27 January 2007
- ^ GPT Wrangle over Sunshine Plaza, AAP, retrieved 27 January 2007
