Broadway Sydney was awarded for ranking No.1 in Big Guns 2018 MAT/m2

Again, the cream of the industry gathered for the annual Big Guns Lunch at Sydney’s Establishment Hotel in the CBD. As is customary, the CEOs of the major shopping centre companies in Australia each gave a short presentation on the State of the Industry as they saw it.

There was strong retailer representation this year and, as usual, the national press was out in full force with the Big Guns issue and the CEO presentations providing the lead story in the property sections the following day in the Sydney Morning Herald, The Australian and The Australian Financial Review.

Vicinity’s Chadstone took out the SCN Award for the country’s highest MAT for 2017 with a staggering $1.9 billion. Mirvac’s Broadway held on to the Number 1 spot for MAT/m2 with a stunning $14,545 and Scentre Group’s Westfield Sydney took out the Specialty MAT/m2 with the terrestrial $22,194!

GPT’s Highpoint became the 5th centre in Australia to achieve the $1 billion mark in MAT; Vanessa Orth, GPT’s Head of Retail was presented with the SCN $1.0 billion Commemorative Award.

A great event that sadly, as always, finished too soon! It was great ‘catch-up’ event for the movers and shakers of our industry.

The event highlights and CEO presentations can be viewed here

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Shopping Centre News

Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand.

Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.

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