logo redirect pin user minus plus fax mobile-phone office-phone data envelope globe outlook retail close line-arrow-down solid-triangle-down facebook globe2 google hamburger line-arrow-left solid-triangle-left linkedin wechat play-btn line-arrow-right arrow-right solid-triangle-right search twitter line-arrow-up solid-triangle-up calendar globe-americas globe-apac globe-emea external-link music picture paper pictures play gallery download rss-feed vcard account-loading collection external-link2 internal-link share-link icon-close2
Australia
  • Global
  • United States
  • Albania
  • Argentina
  • Australia
  • Austria
  • Bahrain
  • Baltics
  • Belgium
  • Bosnia & Herzegovina
  • Brazil
  • Bulgaria
  • Cambodia
  • Canada
  • Chile
  • Colombia
  • Croatia
  • Czech Republic
  • Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Greece
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Japan
  • Jordan
  • Kazakhstan
  • Kenya
  • Korea
  • Kuwait
  • Latin America
  • Luxembourg
  • Mainland China
  • Malaysia
  • Mexico
  • Montenegro
  • Morocco
  • Netherlands
  • New Zealand
  • North Macedonia
  • Norway
  • Oman
  • Pakistan
  • Panama
  • Philippines
  • Poland
  • Portugal
  • Romania
  • Saudi Arabia
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • South Eastern Europe
  • Spain
  • Sweden
  • Switzerland
  • Taiwan
  • Thailand
  • Turkey
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Venezuela
  • Vietnam
Log In
  • Global Intranet
  • myCBRE
  • Services
    • Business Lines
      • Advisory & Transaction Services
      • Capital Markets
      • Global Workplace Solutions
      • Investment Management (CBRE Investment Management)
      • Property Management
      • Valuation & Advisory Services
    • Industries & Specialties
      • Agribusiness
      • Build-to-Rent
      • Building, Depreciation & Cost Consultancy
      • Government Real Estate Advisory & Transactions
      • Hotels
      • Industrial & Logistics
      • Office
      • Residential
      • Retail
      • Retirement & Healthcare
      • Sustainability
      • Flexible Workspace
    • Services for Investors
      • Debt and Structured Finance
      • Host
      • Institutional Investments
      • International Investments
      • Investment Accounting & Reporting Solutions
      • Structured Transactions & Advisory
      • Leasing & Advisory
      • Metropolitan Investments
      • Property Management
      • Property Sales
      • Recovery & Restructuring
      • Valuation & Advisory
    • Services for Occupiers
      • Facilities Management
      • Leasing & Advisory
      • Occupier Consulting
      • Portfolio Services
      • Project Management
      • Sale and Leaseback
      • Structured Transactions & Advisory
      • Transaction Management
      • Valuation & Advisory
      • Workplace
  • Properties
    • Agribusiness
      Hotels
      Industrial & Logistics
      Institutional Investments
      Metropolitan Investments
      Office
      Residential
      Retail
  • Research & Insight
    • Australia Research
      Asia Pacific Research
      Global Research
      Expert Opinions
      Talking Property Podcast
  • People & Offices
    • Pacific Executive Committee
  • About CBRE
    • [email protected] - LGBTQI+ Inclusion
      Careers
      Case Studies
      Client Tools
      Corporate Information
      Environmental, Social and Governance
      Investor Relations
      Media Centre
      Reconciliation
      The Place Makers

Previous

Frances Farm Portfolio offers substantial 2,802-hectare agribusiness footprint

Next

Press Release
The mega trends shaping the Australian property market
  • Home
  • About CBRE
  • Media Centre
  • Large format retail boom sparks opening of Home and Life Robina Centre

Large format retail boom sparks opening of Home and Life Robina Centre

Brisbane | 13 March 2017
  • Email
  • Share
  • Tweet
  • Share

Continued growth in Australia’s large format retail sector has sparked construction of the new Home + Life Robina Centre on the Gold Coast. 

On track for completion in August, the Home + Life Robina Centre is a 14,770sqm large format retail complex located in heart of the Gold Coast’s prime retail precinct and located in close proximity to the Super Regional Robina Town Centre. 

CBRE’s Damian Crocetti and Andrew Brimson are exclusively appointed to lease the complex, with pre-committed tenants including The Reject Shop, Pet Stock, Toys & Babies R Us and Kitchen Connection. Additional brands will be announced over the coming months.

Mr Crocetti said the centre presented an outstanding opportunity for retailers to secure a presence in one of the Gold Coast’s strongest shopping hubs. 

“The Home + Life Robina Centre will create exciting new opportunities for retailers looking to expand their existing footprint in Queensland, or for new brands keen to secure their first outlet in an established and growing market,” Mr Crocetti said. 

“Existing showroom locations in surrounding areas of Southport, Bundall, Ashmore/Nerang and Burleigh Heads give retailers little choice in terms of new quality showroom space, with some markets quite fragmented and intermixed with more industrial type users that are not complementary for certain brands.”  

The Robina Town Centre, which opened in 1996, is the largest retail centre on the Gold Coast, as well as being ranked amongst Australia’s top 10 centres. 

QIC Real Estate Managing Director Steve Leigh said the commencement of construction on the project highlighted strengthening confidence in the Gold Coast’s vibrant retail market. 

“Home + Life Robina will provide an opportunity to bring an even broader offer to Robina Town Centre, and make it easier than ever for customers to fulfil all of their shopping needs in one convenient location.”

The upcoming opening of the Home + Life Robina Centre follows a strong year for Australia’s large format sector, with a boom in home renovations helping drive consumer demand for household goods. 

“The centre is servicing a major segment of the retail market, which currently comprises large format retail spending of approximately $939.6 million nationally – and forecast to grow to $1,302.9 million by 2025/26,” Mr Crocetti said. 

Mr Crocetti said higher house prices and the lower interest rate environment had sparked an increase in the number of people looking to upgrade their existing home. 

“The uplift in household goods spending continues to support a strong base for retail growth, with many operators looking to expand with either larger stores or additional outlets in new locations.”  

The Home + Life Robina Centre benefits from a central location in one of the Gold Coast’s fastest growing suburbs, servicing a catchment with a population forecast of 337,185 by 2026. 

Remaining showrooms for lease at the centre range from 304sqm to 3,000sqm.

For Australian/international news or global stories, follow us on Twitter: @cbreAustralia

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue).  The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide.  CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.  Please visit our website at www.cbre.com.



Contact Us

$name
Natasha Pierson
Associate Director, Communications
Australia
+61 405 260 978
  • Corporate Information
  • Corporate Responsibility
  • Media Centre
  • About CBRE
  • Careers
  • Case Studies
  • People & Offices
  • Executive Committee
  • Investor Relations
  • Contact Us
  • Australia Privacy Policy
  • Global Web Privacy and Cookie Notice
  • Whistleblower Policy
  • Sitemap
  • Terms of Use
  • LinkedIn
  • Twitter
  • Facebook
  • Instagram
  • Youtube