Properties
Centro shopping centres are typically branded with the name Centro in their name. Centro is the second largest in Australia, and the largest provider of retail space to Wesfarmers and Woolworths. With over 128 properties in Australia and New Zealand. Centro’s Retail Property Management Services division undertakes property management, leasing, development management and funds management activities for its managed portfolio. Centro manages both listed and unlisted funds. Its largest properties in Australia are Centro Galleria in Morley, Western Australia, Centro Bankstown in Sydney and Centro The Glen in Melbourne. Most of its other assets are regionally-based convenience shopping centres, most often anchored by major lease deals with Woolworths Limited with which it has a strong relationship. It has over 710 staff in Australia.
Centro Properties Group in 2005 started developing "Star Zone" shopping-centre entertainment precincts. The first was opened at Centro Karingal, Frankston in outer Melbourne. Star Zone Karingal houses a state-of-the-art Village Cinema complex (Gold Class, V-Max, Cinema Europa and traditional cinemas), a Genesis Gym, restaurants and other food outlets.
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Famous quotes containing the word properties:
“A drop of water has the properties of the sea, but cannot exhibit a storm. There is beauty of a concert, as well as of a flute; strength of a host, as well as of a hero.”
—Ralph Waldo Emerson (1803–1882)
“The reason why men enter into society, is the preservation of their property; and the end why they choose and authorize a legislative, is, that there may be laws made, and rules set, as guards and fences to the properties of all the members of the society: to limit the power, and moderate the dominion, of every part and member of the society.”
—John Locke (1632–1704)