JY Group forks out $320m to buy into Vicinity’s vision of Bankstown
Shopping centre owners have put residential developments across their mall empires at the forefront of the agenda for this cycle and investors are lining up to back their visions.
A fresh new era: Transforming Forest Hill Chase
Driven by Haben and JY Group, the transformation of Forest Hill Chase will deliver a vibrant fresh food mall, an upgraded Coles and Target, and Melbourne’s first in-centre basketball stadium. Drawing inspiration from the forest outside, the reimagined design fuses natural textures, light-filled spaces and local flavour to create a destination that delivers more than just shopping.
Slice of Westfield centre trades for $195m as JY inks deal
Privately-held property player JY Group has finalised the acquisition of a 50 per cent stake in Westfield Whitford City in a $195m play in a sign of further depth in the super subregional shopping centre market.
ISPT sells stake in Sydney’s Warriewood Square for $135.5 million
The Sydney-based JY Group has further expanded its Australian shopping centre portfolio with the $135.5 million acquisition of a 50% interest in Sydney’s Warriewood Square.
JY Group boosts Australian shopping centre portfolio to over $2bn with major acquisition
The Hong Kong based JY Group has expanded its Australian shopping centre portfolio with the $123 million acquisition of Melbourne’s Roxburgh Village.
Forest Hill Chase shopping centre sold for almost $260 million
Haben Property Fund and The JY Group have acquired a 100% stake in Forest Hill Chase Shopping Centre as investors continue to seek retail assets in metropolitan locations with long-term underlying land value and future development potential.
JY Group acquires 50 per cent stake in Carlingford Court
Hong Kong-based JY Group has purchased a 50 per cent interest in the Carlingford Court shopping centre in Sydney from Telstra for $120.5m.
GPT Wholesale Shopping Centre Fund divests Wollongong Central
Haben Property Fund and Hong Kong-based JY Group have acquired a 100% interest in Wollongong Central for $402 million in the largest regional shopping centre sale nationally in more than five years.
CIP sells stake in Roselands Shopping Centre for $167 million
Fast growing investor JY Group has outlaid $167 million for a 50% interest in one of Sydney’s oldest shopping centres – Roselands Shopping Centre in Sydney’s south-west.
Haben snags Casey Central mall in $225m deal
Haben Property Fund, partnered by Hong Kong investor JY Group, have acquired the Casey Central shopping mall in Melbourne’s south for $225 million, making it the state’s largest such sub-regional shopping centre transaction in five years.
