July 23, 2017 12:14 AM ET

Real Estate Management and Development

Company Overview of MacArthur Central

Company Overview

MacArthur Central operates as a shopping centre. It comprises various stores offering national and international fashion, leather products, accessories, and watches. MacArthur Central also offers services, including fashion, food court, jewellers, coffee/restaurant, and newsagency/gifts. The company was founded in 2002 and is based in Brisbane, Australia.

255 Queen Street

Brisbane, QLD 4000

Australia

Founded in 2002

Phone:

61 7 3007 2300

Fax:

61 7 3007 2333

Key Executives for MacArthur Central

General Manager
Compensation as of Fiscal Year 2017.

MacArthur Central Key Developments

Precision Searches For CBD Stores Partner As Bonett Eyes New Investments

Sydney-based Precision Group has launched a process to find a joint venture partner on its two prized CBD retail assets, MacArthur Central in Brisbane and Adelaide Central Plaza, which are worth about $800 million in total. The group will sell the stakes in the shopping centers, either in one line or individually, as long-time owner, the BRW rich-lister Shaun Bonett, seeks to pour funds into new investments and the prices of city retail centers soar. Precision, founded by Mr Bonett in 1994, has held Adelaide Central Plaza since its development in 2000 and MacArthur Central for the last decade. "Both these centres have gone through a long journey from core-plus assets to core institutional grade," Mr Bonett said. "Now is the right time to be taking on a partner." Precision is well known for -securing the support of the Bank of China as a debt provider in the wake of the global financial crisis and Mr Bonett is keen for the -financier to stay involved.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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