HABEN RETAIL NO. 5 TRUST (HR5T)
HR5T was established in April 2015 to acquire Croydon Central Shopping Centre in Victoria. Croydon Central is a predominantly enclosed, single level centre anchored by Coles and Aldi. It is next to the train station.
Haben’s strategy on this prospective purchase is as follows:
- Renew and remix expired leases and lease vacancy
- Make cosmetic improvements to the existing centre
- Investigate expansion and development opportunities