Centre Place

501 Victoria Street, Hamilton

CENTRE PLACE incorporating the adjacent Downtown Plaza, is Waikato's leading CBD retail and fashion destination. Tenants include a wide range of quality national and international retailers, a foodcourt and cinemas all serviced by integrated multi-storey carparking.

Key property statistics

Centre type                                        CBD Shopping Centre
Date acquired Dec-94 / Jul-03 / Dec-05
Net lettable area [sqm]                    21,074
Carparks [no.]                                   604
2011 Net operating income [$m] 9.1
Valuation [$m] 86.5
Capitalisation rate [%] 9.65
10-year internal rate of return [%] 10.54
Occupancy [%] 83.6
Weighted average lease tem [years] 2.7
MAT [$m] 71.9
Information current as at 31 Mar 2011 & 30 Sep 2011

Tenant diversification (by gross income)

Lease expiry (by gross income)