According to the consortium, headed up by former UBS Australia managing director David Di Pilla, who led the acquisition of the Masters portfolio from Woolworths last year, pre-opening trading by retailers at its sites in South Morang and Rutherford have excedeed expectations over recent weeks.
At least 30 additional centres will open during 2018.
Home Consortium is redeveloping the former Masters centres into a national porftolio around three broad retail categories – daily needs, leisure and lifestyle, and homeware and electrical.
Locations at Rutherford and Penrith are already open in NSW, to be followed by Marsden Park, while South Morang and Pakenham in Victoria and North Lakes, Tingalpa and Toowoomba in Queensland will all open on a staggered basis over coming weeks.
“Home Consortium and our retailers are delighted with the strong consumer response to the openings that we have conducted over recent weeks,” said Di Pilla.
“Our retailers across the the eight centres that will be open before the end of the year are gearing up to offer grand opening specials and promotions as we head into the holiday season.”
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