High-end fashion precinct St. Collins Lane in Melbourne's CBD hits market
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2022-10-27 22:31
High-end fashion precinct St. Collins Lane in Melbourne's CBD hits market
St. Collins Lane in Melbourne's CBD. Picture: Supplied Melbourne-based Vantage Capital and its backer investment bank Credit Suisse have put the St. Collins Lane mall on the block after moving to reposition the property they picked up during the depths of the city's lockdown. That discount purchase in 2020 from JPMorgan Asset Management, which had paid $247m for the luxury asset when it picked it up from LaSalle Investment Management in 2016, marked the nadir of the city retail market and could again trade at about $120m.

https://www.realcommercial.com.au/news/highend-fashion-precinct-st-collins-lane-in-melbournes-cbd-hits-market

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