In a single transaction – the $725 million acquisition of the Masters property portfolio – Home Consortium has become the leading landlord in the growing large-format retail sector.
Home Consortium, the private group backed by the owners of Chemist Warehouse, Spotlight Group and Aurrum, will control more than 700,000 square metres of large-format retail space, making it bigger than Harvey Norman, Aventus and Bunnings-owner BWP Trust.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
