Development Overview
The development team’s primary function is to create and deliver a sustainable pipeline of development projects for Centro’s Australasian portfolio. The team adds value by ensuring that redeveloped assets:
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Provide the best possible trading environment for retailers;
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Remain relevant within their retail hierarchy; and
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Generate maximised total returns.
Developments must meet required hurdle return rates while at the same time providing development fee income for Centro’s services business.
Centro does not currently have any Australian developments underway.
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