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August 22, 2024
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Aspley Village Shopping Centre
Aspley Village Shopping Centre
Client | Allianz | |
Budget | Circa $11m | |
Services | Project Management | |
Sector | Retail / Facade Remediation | |
Scope | Refurbishments | |
Scope | Refurbishments |
Service Provided
Project
Management
Project Details
Acquisition of the Aspley Village Shopping Centre in
Brisbane, worth $63 million. The centre consists of a Coles,
25 specialty shops, alfresco dining and undercover parking
for around 470 cars. The existing medical centre was
expanded to incorporate a gymnasium.
Client | Allianz | |
Budget | Undisclosed | |
Services | Property Advisory | |
Sector | Retail | |
Scope | - | |
Scope | Refurbishments |
Service Provided
Property Advisory
Project Details
Spectrum was the client asset manager and joint venture
representative for this Coles anchored shopping centre.
Whilst Abacus is the asset manager, Spectrum’s role was as
owners’ representative on all investment management
issues including strategic reviews, lease negotiations and
valuation management.
Overview & Approach
- To support the increased student numbers resulting from the expansion of the College, the catering facilities were replaced to meet future demand and provide upgraded facilities .
- The new facility addresses all functional issues including capacity, circulation, storage, equipment quality and capacity, ventilation, safety and finishes. It also includes replacement of the existing roof and a new lift to address access issues in the building.