Despite the doom and gloom preached by commentators, the disruption facing the retail industry is providing opportunities for landlords to reposition their assets and find new consumer markets.
While traditional bricks-and-mortar retailers and major department stores have struggled with falling sales, growth in the food and beverage and entertainment markets points to the potential to reinvent retail experiences, particularly in neighbourhood centres.
This month we celebrate Matt Cummins’ one-year anniversary at DMA Partners.
Matthew Cummins now heads our development advisory and management services team and brings over 25 years of experience in the property industry to DMA Partners, having worked across the retail, commercial and residential sectors and delivering significant mixed-use projects.
DMA Partners is excited to be leading and advising project feasibility, structuring and delivery of the second phase of the $1 billion master planned development, Park Central, located in Buranda in the Brisbane City Council designated ‘Knowledge Corridor’.
Integrated with major transport links and within walking distance of Brisbane’s premier health and life sciences research facilities, Park Central brings together a vibrant retail town square, residential and serviced accommodation, commercial offices, medical and education facilities.
DMA Partners has recently added two new members to an increasingly experienced and knowledgeable team, ensuring that the company stays innovative and challenges its thinking.