RAINE SQUARE REDEVELOPMENT - Metier
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THE FUTURE OF RAINE SQUARE • Premium office tower with 4,000 workers. 00000000 • Tenant profile includes: Commonwealth Bank of Australia, KBR Australia, Atlas Iron Limited, Squire Patton Boggs and Alinta Energy. • Entertainment centre – 13 cinema screens, and extensive all day dining options from quality food and beverage operators. • Retail centre – flagship fashion incorporating heritage and new build retail tenancies. • Coles supermarket and WHERE RETAIL, DINING convenience retail. AND ENTERTAINMENT • Wilson customer parking with 205 bays. MEET IN THE CITY. DISCOVER RAINE SQUARE.
MURRAY STREET MALL HAY STREET MALL NE RAINE SQUARE WC AS TL UA L ET E RE SQ SSEL ST RE R EE RU T ST JA AB KE ME ER SS DE LA TR EN EE ST T FR RE RO AN E T ES CIS PERTH TR ST EE R T EE UNRIVALED ARENA NORTHBRIDGE T KINGS SQUARE LOCATION → WE Y LLIN FW GTO PERTH NS TRE LL BUSPORT EET E T YAGAN CHE SQUARE STR William Street is the new central axis ST MIT AN EEN PERTH for pedestrian traffic in the Perth CBD, LIG STATION EET QU MIL from Yagan Square through to STR a PERTH ET MU UNDERGROUND Elizabeth Quay. G TRE RRA KIN Y ST ST G REE MS EOR TM ALL ET GES LIA TRE TER RA C HAY WIL E STR KS EET MA RAC LL CBD BAR THE ESP LAN AD E PERTH CONVENTION & EXHIBITION CENTRE GOVERNMENT ELIZABETH HOUSE GARDENS FWY QUAY GEO FFR EY B OLT NA ON AV IN A KW ELIZABETH QUAY ← BARRACK STREET Artist’s Impression of flagship retail on corner of Murray and William Streets. JETTY Artist’s impression of the Wentworth Hotel. SW A N RIVER
PROJECT DELIVERY AND DEVELOPMENT THE HEAVIEST FOOT TRAFFIC IN PERTH CBD IS ADJACENT TO STATISTICS RAINE SQUARE. Dates: Stage 1 – Fully opened in mid-September to CBD daily pedestrian footfall statistics are as follows: include Convenience, Cinema and Dining. Stage 2 – Completion of all landlord works in December 2018. ar William St (between Murray St Mall and Hay St Mall) a Murray St Mall (between Forrest Pl and Barrack St) Handover to Tenant – Target opening June 2019 and handover for fitout will be available Hay St Mall from the end of 2018. St Georges Tce (between William St and Sherwood Ct) THE RAINE SQUARE PRECINCT St Georges Tce (between Mercantile Ln and Williams St) WILL HAVE A TOTAL VALUE OF Hay St (between Milligan St and King St) $750M ON COMPLETION. King St (between Wolf Ln and Murray St) A PRESTIGIOUS PRECINCT, WITH A WELCOMING AMBIANCE AND STRONG PRESENCE IN THE CENTRE OF THE CBD. Source: City of Perth Pedestrian Survey, November 2017, prior to the opening of Yagan Square.
KEY PEDESTRIAN SIGNIFICANT STATISTICS INVESTMENT IN THE HEART OF 38,159 people THE PERTH CBD a Perth Underground Train Station Average weekday boardings • Historically the Perth economy has been linked to the mining industry. • The future is a transformation with 8,582 people new office space, apartments, hotels and retail. Perth Busport • Perth’s tourism sector has been bolstered Average weekday passengers with world-class entertainment infrastructure (excluding free transit zone boardings) including Perth Arena, Elizabeth Quay, and Optus Stadium. Source: City of Perth Pedestrian Survey, October 2017
HOTEL PIPELINE AND DEVELOPMENT STATISTICS PERTH’S RETAIL RENAISSANCE The new Crown Towers is currently the only 6-star resort in Western Australia. The Elizabeth Quay and Yagan Square developments have created a seamless New to Perth: link from Northbridge to the Swan River, providing the Perth CBD with revitalised The Melbourne Hotel dining, retail and festival precincts. 4.5 star, 73 rooms, opened in March 2018 Upcoming Perth CBD redevelopments: The Westin 5 star, 368 rooms, opened in April 2018 Charter Hall – Raine Square QT Hotel Perth 5 star, 184 room, opening in August 2018 ISPT – Forrest Chase Double Tree by Hilton in Northbridge Dexus – Carillon City 4 star, 205 rooms, opening in October 2018 ISPT – Enex100 Ritz-Carlton 5 star, 204 room, 379 apartments, opening in June 2019 Double Tree by Hilton in Barrack Square 4 star, 229 rooms, opening in 2019 NV 4 star, 401 apartments, opening in 2019 NV Hotel 4 star, 488 rooms, opening in 2019 Dorsett Hotel Image taken from www.perthnow.com.au 4 star, 270 rooms, opening in 2019 Image taken from http://lakshmintrance.com/
DEVELOPER CHARTER HALL Charter Hall Group has grown, since its launch in A VISION FOR 1991, to become one of Australia’s leading property groups, with a total managed property portfolio PERTH of $22.5 billion. We own and manage 332 commercial properties Mining investment and profitability now in a 00000000 around Australia, including office buildings, growth phase. supermarket anchored retail centres, and a rapidly growing stable of industrial assets, on behalf of our Diversifying the economy with a strong future institutional, wholesale and retail investors. focus on tourism. Our integrated business model, coupled with our Investment in education and growth in highly skilled and motivated team across investment international students. management, asset management, property management, and project delivery produces Direct flights to London and growth in direct sustainable returns for our investors, and positive flights to Europe and China. experiences for our tenants and the community. Perth is Australia’s gateway to Asia, with more The Group provides in-house property services than 60% of the world’s population in the same across all sectors of real estate investment and time zone. development activities provided by over 500 Image taken from www.mra.wa.gov.au staff nationally.
CONTACT US Darryll Ashworth 0407 606 933 darryll@metierconsult.com
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