Rich Lister shopping centre billionaire Shaun Bonett has boosted his stake in the nation's biggest virtual gift card group, Prezzee, which has benefited from surging sales as the pandemic drives more consumers online.
Shore City, the North Shore of Auckland’s original major shopping centre, has secured a 15-year lease renewal from anchor tenant Farmers, and is welcoming back bookseller Whitcoulls as a major tenant.
A dozen new retail and food businesses are coming to Port Adelaide Plaza in November – as part of the ongoing $45m revamp – overcoming the uncertainty created by COVID-19 and buying into the area’s boom prospects. SEE THE LIST OF WHO’S COMING
Billionaire shopping centre owner Shaun Bonétt wants Prime Minister Scott Morrison to start wearing a face mask and for their use to be mandatory in all public places nationwide to help battle the pandemic and remove confusion created by some retailers demanding their use while others do not.
Billionaire shopping centre owner Shaun Bonett has warned that Australia's relationship with China is in danger of deteriorating further unless "wise heads" on both sides reset the tone.
Precision Group launched their WELCOME BACK campaign last week to celebrate the reopening of more and more retail stores and to ‘welcome back’ both customers and retailers to their five shopping centres.
Billionaire shopping centre owner Shaun Bonett has accused large Australian and multinational retail groups seeking to abandon the traditional retail rent model in the commercial property sector of “reprehensible behaviour” that will damage the nation’s banks and undermine the superannuation system.
Retail property magnate Shaun Bonett says the post-COVID-19 crisis world will sharply accelerate the demise of “out of touch”, old-world retail behemoths as shoppers challenge retail stores like never before to offer unique customer experiences instead of just being transactional venues.
There’s a whiff of freedom in the air and Shaun Bonett is hoping for the best. The landlord, whose tenants include Apple, David Jones, JB Hi-Fi, Lululemon and Tiffany & Co, believes there’s a pent up demand.
After having passed almost 2 months in 2020, and another season of holiday shopping has gone by. With eCommerce slowly providing meaningful options to visiting traditional retail stores, more customers are turning to online shopping for its convenience and broader access to various products.
Samantha McInnes, Centre Manager Port Adelaide Plaza said “Precision Group have identified their electricity usage as the most important contributor to their total greenhouse gas emissions. Because we own and manage our assets, we are not only focused on the operational requirements, we also understand the importance of strategic thinking and investing in our assets for today and tomorrow. The rooftop solar system at Port Adelaide Plaza will deliver measurable and long-lasting results.”
Precision Group has completed the installation of more than 2,000 solar panels atop of its Port Adelaide Plaza shopping centre complex. It will reduce CO2 emissions by 962 tonnes each year.
