Scott Nugent

SPECIAL REPORT: High-density residential developments are emerging alongside some of the state’s shopping centres, as owners seek to reposition their assets to offer more than just retail.

Global fashion retailer H&M is opening its second north-of-the-river store, taking a key tenancy at the revamped Karrinyup Shopping Centre, which is undergoing an $800 million refurbishment.

Japanese fashion retailer Uniqlo will open its third Western Australian store in July as part of the redeveloped Karrinyup Shopping Centre.

Multinational retailer Zara and cosmetics chain Sephora are among the latest tenants announced as part of the $800 million Karrinyup Shopping Centre redevelopment.

Mirvac executive Paige Walker has been appointed president of the Property Council of Australia’s Western Australia chapter.

Blackburne Property group has appointed BGC to build its $75 million East Village project, located adjacent to the $800 million redevelopment of Karrinyup Shopping centre.

The first stage of the $800 million Karrinyup Shopping Centre redevelopment has reached completion, with the remaining upgrade works on track to finish this year.

An opening date has been set for the final stage of the $800 million Karrinyup Shopping Centre redevelopment, which will include a new dining and entertainment precinct.

Retail property players are trying to keep pace with the structural shift in shopping habits accelerated by the pandemic.

The City of Stirling has pushed for AMP Capital’s $150 million Karrinyup apartment proposal to be refused, arguing the three towers constituted an overdevelopment of the site.

AMP Capital’s $150 million high-rise apartment complex has been given development approval.

The developer is set to build a scaled back version of AMP-managed Karrinyup West apartments.

AMP Capital has signalled a further expansion of the $800 million Karrinyup Shopping Centre development by adding more luxury retailers, with groups including Louis Vuitton expressing interest.

Sydney-based GPT Group is set to manage AMP’s Karrinyup Shopping Centre, as the management of the group's retail assets changes hands.