You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

7 Feb 2020 (AFR) – ‘Retail is not dead’: Larry Kestelman toasts Grand leasing success

(7 February 2020, AFR, p34, Larry Schlesinger, Reporter)

‘Financial Review Rich Lister Larry Kestelman says bricks-and-mortar retailing “is not dead” after leasing up almost all 6000sq m of retail space at the foot of Capitol Grand, his glitzy $700 million high-rise development nearing completion on the corner of Chapel Street and Toorak Road in Melbourne’s South Yarra. While retail trade slumped to its worst year on record in 2019, according to official data released on Thursday, Mr Kestelman has secured a bevy of upmarket tenants for Capitol Grand including Dior Cosmetics & Accessories, London fitness chain 1Rebel, and renowned gallery operator and artist David Bromley.’

Read more at (might need AFR login access)

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of tools to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: