Singapore fund sells half share of Westfield Marion to JY Group
A half share in South Australia’s largest shopping centre, Westfield Marion, has sold for $670 million. The acquisition by commercial real estate investors JY Group, one of the largest retail property transactions in Australia, has taken JY’s asset-under-management portfolio to $4.9 billion since 2019. The expressions of interest campaign was managed by representatives from CBRE […]
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.
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.
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.
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.
