LaSalle Investment Management

St. Collins Lane nears construction

Australia on Collins has taken on a different complexion of late as tenants continue to move out in preparation for the centre's considerable redevelopment and ultimate rebirth as St. Collins Lane. Capitalising on a gaggle of lease expiries while negotiating early lease terminations with others, centre operator LaSalle Investment Management finds itself with a unique asset that now resembles more of a ghost town than retail hub. The centre's...

St. Collins Lane vies for a piece of the luxury market

In a retail 'arms race' of sorts to be left behind is to be vulnerable at present, so with that in mind interests controlling Australia on Collins announced last week that the venerable Melbourne address will be vacated next month in preparation for a new retail experience. Whilst fellow CBD retail venues such as GPO, Emporium and The Strand have progressively unveiled new redevelopments of late, Australia on Collins will rebirth as St. Collins...