RE-TALE THERAPY - Aventus Property

 
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RE-TALE THERAPY - Aventus Property
RE-TALE
                          THERAPY
                            AN INDUSTRY MAGAZINE BY AVENTUS

            TO INSPIRE PEOPLE TO EXPERIENCE THE JOY
                of crea t ing a beau tiful home and lifest yle
                                    Photo credit: Provincial Home Living

RETAILER UPDATES                  OUR NEW CENTRES
 Retailer News and More   Castle Hill Super Centre and Marsden Park Home
     Page 04-23                              Page 16-17

                                           ISSUE 6, AUGUST 2017
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                                               aventus industry magazine

CHANGE                                                                                                            WHAT’S
FOR THE BETTER                                                                                                    INSIDE

                                                                                                                  IMPROVING           NEW                         FOCUS ON FURNITURE
                                                                                                                  OUR ASSETS          RETAILERS                   CELEBRATES 30 STORES

             Winston Churchill said that “to improve
             is to change; so, to be perfect is to
             have changed often.”
                                                                                                                  P. 02               P. 03                       P. 04
             I am fortunate to see this philosophy first hand
             every day, driving retailers in Aventus centres                                                      Q&A                 WORKING AS ONE              PROVINCIAL             RECIPE FOR
             across Australia. I also see this as a motivation                                                    WITH                TO BRING THE                HOME                   SUCCESS
                                                                                                                  ANDREW              COMMUNITY                   GROWING UP             KWB GROUP
             for your customers as they create, perfect, and                                                      HOYNE               TOGETHER
             nurture the home of their dreams.

             As retailers, you make it easier for customers     are also expanding Cranbourne Home to             P. 05               P. 06                       P. 07                  P. 07
             to turn their dreams into reality, and inspire     provide customers with a purpose-built
             them to think bigger, explore a broader            child care facility, redeveloping the former
             range of ideas that will enrich their lives, and   Bunnings tenancy at Sunshine Coast Home,
             experience the joy of creating a beautiful         and undertaking major aesthetic upgrades
                                                                                                                  KEY EVENTS          SHERIDAN                    HOW AUSTRALIANS        HAPPY
             home and lifestyle.                                at Macgregor Home. We’re committed to
                                                                making the necessary changes to ensure            FAMILY FUN AS       STORY                       CHOOSE                 RETAILERS
             In turn, it is our mission at Aventus to provide
             the best platform for you to do this, so I’m
                                                                our centres remain the very best home and         SALES SKYROCKET                                 BIG-TICKET
                                                                life shopping destinations in Australia so that
             thrilled to report that these opportunities for
                                                                you, our retailers, can continue to build your                                                    FURNITURE
             you to reach and inspire shoppers continue
                                                                sales, grow your profits, and deliver ever
             to grow.
                                                                improved services and retail experiences.
             Earlier this month we warmly welcomed over
                                                                Similarly, Re-Tale Therapy aims to arm you
                       100 new retailers into the Aventus
                           family following the acquisition
                              of Castle Hill Super Centre
                                                                with invaluable information, sourced from
                                                                experts and industry leaders, to keep you         P. 08, 18, 20, 23   P. 10                       P. 11                  P. 12
                                                                informed as you navigate a rapidly changing
                                and Marsden Park Home
                                                                retail landscape.
                                  in Sydney and the $6.4
                                   million upgrade and          We’re keen to hear your feedback and
                                                                                                                  BOX OFFICE DRAW     ABOUT TESLA                 OUR
                                     expansion of Belrose       suggestions about the kinds of articles
                                     Super Centre. We           and content you want to be seeing in              OUTDOOR MOVIE       SUPERCHARGING               NEW CENTRES
                                                                future issues.
                                                                                                                  EVENTS A DRIVING
                                                                Enjoy the read and I wish you a year of           FORCE FOR RETAIL
                                                                exceptional trading.

                                                                                                                  P. 14               P. 15                       P. 16

                                                                                                                  BIG DATA            Q&A                         OUR PROPERTY           LEASING
                                                                Darren Holland,                                   BEYOND THE          WITH                        PORTFOLIO              OPPORTUNITIES
                                                                CEO, Aventus Property Group.                      BUZZWORD            BOOODL’S
                                                                                                                                      GEORGE
                                                                                                                                      FRENEY

                                                                                                                  P. 21               P. 22                       P. 24                  P. 25
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                                                                                   aventus industry magazine                                                                         02/03

IMPROVING OUR ASSETS                                                                                                                                                                                                                                                                     We
                                                                                                                                                                                                                                                                                      welcome
WHAT’S HAPPENING IN CENTRES?                                                                                                                                                                                                                                                          our new
                                                                                                                                                                                                                                                                                      retailers

                                                                                                                                                                                                                                                                   CARPET COURT                     FOCUS ON FURNITURE            FOCUS ON FURNITURE
                                                                                                                                                                                                                                                                   Jindalee Home                    Logan Super Centre            Belrose Super Centre

                                                                                                                                                                                                                                                                   THE FLAVOUR MILL                 SHERIDAN STUDIO               BARBEQUES GALORE
                                                                                                                                                                                                                                                                   Belrose Super Centre             Belrose Super Centre          Belrose Super Centre

                                                                                                                                                                                                                                                                   PROVINCIAL HOME LIVING           FRAME TODAY                   IRON STUDIOS
                                                                                                                                                                                                                                                                   Belrose Super Centre             Highlands Hub                 Bankstown Home

                                                                                                                                                                                                                                                                   KRESTA                           BCF                           NUTRITION WAREHOUSE
                                                                                                                                                                                                                                                                   Mile End Home                    Cranbourne Home               Kotara Home

CRANBOURNE                                                                               BELROSE                                                                           SUNSHINE                                                                                MACGREGOR
HOME                                                                                     SUPER CENTRE                                                                      COAST HOME                                                                              HOME
> Commenced construction of our first Child                                              > Belrose Super Centre completed a                                                > Redevelopment commenced on the                                                        > Commenced an exciting facade upgrade
  Care facility at Cranbourne Home – “Little                                               $6.4million expansion with 2,260sqm of                                            former Bunnings tenancy at Sunshine                                                     project for Macgregor Home
  Learning School”                                                                         GLA constructed on the existing rooftop                                           Coast Home
                                                                                                                                                                                                                                                                   > The redevelopment works include painting,
                                                                                           car park.
> Upon completion, this fun and interactive                                                                                                                                > National retailers Amart Furniture,                                                     facade cladding, new feature signage
  centre will welcome up to 100 kids from                                                > The centre welcomed two new national                                              Sheridan and World Gym have pre-                                                        panels, landscaping and an upgrade of
  the local community                                                                      retailers to its mix - Focus on Furniture and                                     committed to the project, taking                                                        internal common areas
                                                                                           Barbeques Galore, who opened their doors                                          occupancy to 100%
> Little Learning School are an innovative                                                                                                                                                                                                                         > Project due for completion during the first
                                                                                           for a successful grand opening launch
  leader in Child Care Services,                                                                                                                                           > Project due for completion during the first                                             quarter of FY18
  with established locations all over NSW.                                                                                                                                   quarter of FY18
  They are currently rolling out various
  locations in VIC, with Cranbourne part of
  this upcoming pipeline

> Project due for completion during the first
  quarter of FY18

                                                Cranbourne Home in construction                                                            Belrose Super Centre entrance                                                   Sunshine Coast Home in construction                                                      Macgregor Home before renovations
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                      aventus industry magazine                                                                                     04/05

FOCUS ON FURNITURE                                                                                          Q&A
CELEBRATES 30 STORES                                                                                        WITH ANDREW HOYNE

                                                                                                            Competition in the retail sector has never been fiercer, especially as bricks
Australian owned furniture specialist, Focus on Furniture,
                                                                                                            and mortar stores compete with online outlets. The experience people have when
recently celebrated opening their 30th new store in Australia.
                                                                                                            they visit our stores, the emotional connection they have to them, is crucial. We spent
                                                                                                            15 minutes with Andrew Hoyne, Principal of the branding and marketing company Hoyne,
                                                                                                            to learn how place visioning can increase both loyalty and profits.
The company specialises in producing             new markets and experience the same
stylish furniture for an affordable price        success we have enjoyed in our established
and now operates 33 stores in Melbourne,         areas,” Samantha said.
regional Victoria, Sydney, NSW Central
                                                 The Focus on Furniture showrooms feature
Coast (Tuggerah), Canberra, South Australia,
                                                 a generously sized product range. From
Brisbane and regional Queensland.
                                                 contemporary and comfortable sofas in a
“We are dedicated to ensuring we offer           variety of choices, including leather and
 quality furniture, at a great price point. We   fabric lounges, through to dining settings,
 firmly believe good value should be available   occasional pieces, bedroom furniture,
 to everyone. You shouldn’t have to pay a        mattresses and a whole host of Australian
 premium, for good quality, contemporary         custom made options, there is something for
 and stylish furniture. Offering this value,     everyone and every home.
 all day every day has resulted in strong
                                                 “Our mission is to always offer the best value
 customer loyalty in every area we open,”
                                                  for money available to our customers and
 said Samantha Clarke, Marketing Manager,
                                                  we are delighted to introduce the Focus on
 Focus on Furniture.
                                                  Furniture value promise to more customers
Samantha said the company has been                across the country,” said Samantha.
preparing for expansion across Australia for
                                                 Focus on Furniture is also an official
quite some time with more openings planned
                                                 major partner of Breast Cancer Network
later in the year.
                                                 Australia (BCNA).
“Having just opened 10 new QLD/NSW
                                                  For further details on the range or store
 locations with a few more only weeks from
                                                  locations, visit www.focusonfurniture.com.au
 opening, we are excited to embrace these

                                                                                                                                                                                                                                                                       ABOUT
   WE ASKED WHY SAMANTHA CLARKE LIKES
                                                                                                                                                                                                                                                                       ANDREW
   WORKING WITH AVENTUS                                                                                                                                                                                                                                                Since establishing Hoyne in 1991 with
   Focus on Furniture has one channel where we can communicate all of our advertising                                                                                                                                                                                  the ambition of creating marketing
   movements and Aventus feeds that through the respective centres. They have a very                        Q: WHAT DO YOU REALLY MEAN WHEN                    Q: WHAT DOES BRANDING HAVE                          good example. Developers The TOGA Group             that truly delivers, Andrew has spent
   open forum for discussion on centre initiatives, constantly referring to the retailer for                YOU USE THE TERM PLACE VISIONING?                  TO DO WITH THESE REAL WORLD                         bought the old Jewish Hakoah Cultural Club          the last two decades perfecting his
   feedback. They are creative in their initiatives and think outside the box in terms of                   Let me take a step forward, before I take a        EXPERIENCES?                                        and wanted to replace it with a mixed-use           approach. Passionate about property,
   how to drive traffic to their centres. Most importantly is their collaborative approach to               step back. Your brand should demonstrate           You have to connect with people using both          development combining retail, four levels           precincts and placemaking, his
   advertising. They are happy to suggest an idea, or listen to one of ours. Either way they                the spirit or personality of your business,        branding and what people in planning refer          of serviced apartments and several levels           interests stretch far beyond brand and
   are supportive without placing too many red flags in the way and sometimes this can be a                 and when that comes to large format retail         to as placemaking. At Hoyne, the brands we          of owner-occupied residences. The local             marketing. His involvement ensures
   downfall of a large centre group but Aventus seem to really focus on the larger objective                centres, this means reflecting the spirit and      create actually tell a story. They connect with     community is very vocal and loyal to their          the improved quality of the overall
   – to assist us growing our business, so they can grow theirs. Focus on Furniture has 8                   aspiration of that community as a whole.           something genuinely unique about a store,           suburb and its culture. We had to work with         development, resulting in greater
   stores across Aventus centres and we look forward to continuing the strong partnership.                  Done correctly, branding can attract the           a product or a retail centre, and bring that to     the architects and developer to ensure the          commercial outcomes for every client.
                                                                                                            consumers you need, plus the other retailers       life. You’ve got to find something people truly     whole project embodied beachside living but         Of the 14 books he has been involved
                                                                                                            and ancillary businesses you want. But             recognise and connect with, something they are      that the retail plaza, in particular, would be      in publishing, three have focussed on
                                                                                                            before that can be achieved you must create        proud to be a part of, or want to become part of.   beloved by the local community. This meant          specific suburbs and precincts. His
                                                                                                            a vision of what type of distinct place is being   Q: AND HOW DOES PLACEMAKING FIT                     making it look really great in the location but     most recent book, The Place Economy,
                                                                                                            created and what will make it memorable.           INTO ALL OF THIS?                                   also choosing the right food and beverage           is an embodiment of that philosophy.
                                                                                                            To predetermine the experience you’d like          We talk about place visioning and that’s where      tenants. The branding we created celebrates         Ultimately, Andrew is driven by a love for
                                                                                                            people to have, the first step should always       we combine all our knowledge and research           Bondi and all its eccentric residents and           creative solutions that are the result of

We are dedicated to ensuring we                                                                             be to develop a place vision.
                                                                                                            Q: WHAT ADVANTAGES DO REAL
                                                                                                                                                               about an area or a project, then identify the
                                                                                                                                                               ultimate experience people would love to have
                                                                                                                                                                                                                   attractions. Physically, Boheme actually
                                                                                                                                                                                                                   creates a pedestrian throughway that locals
                                                                                                                                                                                                                                                                       powerful strategies.

offer quality furniture, at a great                                                                         WORLD RETAILERS HAVE OVER ONLINE
                                                                                                            COUNTERPARTS?
                                                                                                                                                               when they come into contact with it. From
                                                                                                                                                               there we literally envision how that will look,
                                                                                                                                                                                                                   now use all the time. Commercially, its stores
                                                                                                                                                                                                                   and cafes are popular with locals and tourists
                                                                                                                                                                                                                                                                     to by every single stakeholder. Successful
price point. We firmly believe                                                                              The thing people often forget about is how
                                                                                                            emotive a retail experience can be. An online
                                                                                                                                                               feel, smell and sound, then recommend the
                                                                                                                                                               elements required to make it all happen. The
                                                                                                                                                                                                                   alike. It’s a huge success. The developers got
                                                                                                                                                                                                                   the profitable project they needed while the
                                                                                                                                                                                                                                                                     brand and place experiences demand
                                                                                                                                                                                                                                                                     that every touchpoint is consistent when it
good value should be available to                                                                           shopping experience might be less expensive
                                                                                                            or more time efficient but it will never compare
                                                                                                                                                               same can be done with one small store or
                                                                                                                                                               an entire shopping precinct. You create the
                                                                                                                                                                                                                   community got a new hub they loved.
                                                                                                                                                                                                                   Q: SO WHAT’S THE ULTIMATE SECRET TO
                                                                                                                                                                                                                                                                     comes to the quality, commitment and the
                                                                                                                                                                                                                                                                     personality they reflect. To talk practicalities,
everyone. You shouldn’t have to                                                                             to the thrill or pleasure of actually spending
                                                                                                            time in a great retail environment, seeing
                                                                                                                                                               experience you know people will not be able
                                                                                                                                                               to ignore.
                                                                                                                                                                                                                   SUCCESS IN YOUR MIND?
                                                                                                                                                                                                                   Actually Brett Blundy, Director of Aventus
                                                                                                                                                                                                                                                                     this can start in the carpark and travel
                                                                                                                                                                                                                                                                     through the cafes, into the stores, even into
pay a premium, for good quality,                                                                            products displayed well, being exposed to
                                                                                                            new ideas and being served by welcoming
                                                                                                                                                               Q: CAN YOU GIVE US A REAL
                                                                                                                                                               WORLD EXAMPLE?
                                                                                                                                                                                                                   Property, made the point in one of his
                                                                                                                                                                                                                   recent editorials. He referred to the fact that
                                                                                                                                                                                                                                                                     the washrooms to be honest. As a consumer
                                                                                                                                                                                                                                                                     I have to feel like I’m on a unique journey,
contemporary and stylish furniture.                                                                         professionals. Kids still want to go shopping
                                                                                                            with grandparents and girlfriends still want to
                                                                                                                                                               Sure, it’s easier to reference a project which
                                                                                                                                                               has existed for a few years, because people
                                                                                                                                                                                                                   collaboration between management, leasing,
                                                                                                                                                                                                                   operations, marketing and retailers contribute
                                                                                                                                                                                                                                                                     obviously a really positive and enjoyable one,
                                                                                                                                                                                                                                                                     that I’m going to return to again and again,
                                                                                                            spend Saturday afternoons together getting a                                                           to the overall success of your centres. I could
Samantha Clarke, Marketing Manager,                                                                                                                            have had an opportunity to experience it                                                              and that I’m going to recommend to others.
                                                                                                            little retail therapy.                             properly, and it’s a proven success. Boheme         not agree more. Place visioning and branding
Focus on Furniture
                                                                                                                                                               in the Sydney beachside suburb of Bondi is a        has to be understood, agreed to and adhered
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                                                                                                            aventus industry magazine   06/07

WORKING AS ONE                                                                                                                                                                                         PROVINCIAL HOME
TO BRING THE COMMUNITY                                                                                                                                                                                 GROWING UP
TOGETHER
					                                                                                                                                                                                                  Provincial Home Living was founded in
                                                                                                                                                                                                       Wangaratta, Victoria in 2002 where the
Along with the obvious and valuable societal benefits stemming from                                                                                                                                    Pausewang family had purchased a co-op and
business contributions and public engagement, there are many important                                                                                                                                 began restoring the building to its former glory.
reasons why leading retailers are deciding to play an increasingly                                                                                                                                     When the renovation was near completion,          The Provincial brand acknowledges
prominent role in their communities.                                                                                                                                                                   there was only one store left to lease. The       current trends but primarily focuses on the
                                                                                                                                                                                                       founders saw an opportunity for manchester        foundation pieces that every home needs.
                                                                                                                                                                                                       and homewares in this region and, with that       The Pausewang family strives to work with
While the immediate exposure to consumers           traffic through, and provided great exposure       With the current retailing landscape being      A Junior Reptile & Amphibian Handlers           thought, they became the final tenants and        suppliers who share similar values and
that can be gained often serves as the key          to all stores. Customers were invited directly     continually challenged by consumers’ shift      Workshop held by the Best Friends store         opened the first Provincial Home Living store.    beliefs, and many of the suppliers are also
driver for involvement, the longer-term gains       into stores with a number of different retailer    toward online shopping and purchasing,          attracted more than 100 children and                                                              family businesses.
                                                                                                                                                                                                       The store began trading and business
through business participation in community         activations on the day.                            the benefits of engaging with community         resulted in a substantial increase in foot      was going well, though customers began            In just 15 years Provincial Home Living has
events can sometimes be overlooked.                                                                    and being rightly perceived as a vital aspect   traffic and sales on the day. Meanwhile,        requesting to purchase the units the products     grown from one small country store to a large
                                                    Many of the instore events were aimed at
Studies have shown that a strategic                                                                    of local society have never been more           nobody was going hungry at Red Rooster          were displayed in. Seeing an opportunity for      business with 32 stores located in Victoria,
                                                    children in order to encourage family groups
approach to community involvement                                                                      important for businesses to consider and        where 365 free kids’ meals were given away.     expansion, the Pausewang family decided to        South Australia, Queensland, ACT, and New
                                                    to come along on the day. Activities included
contributes strongly to the achievement of                                                             plan for.                                       The promotion generated a significant spike     add furniture to their product list, and it has   South Wales, and is still proudly family owned
                                                    a reptile and amphibian handlers workshop,
business goals through improved reputation                                                                                                             in paid meal orders for parents, with overall   since become Provincial’s largest department.     and run.
                                                    face-painting and balloon art, lucky dips,         Events such as Cranbourne Home’s Free Fun
as well as the attraction and retention                                                                                                                sales up by $2,000 for the week as a direct
                                                    and discounted admission into the centre’s         Day highlight the impact of working together                                                    Over the next few years, the products and         After the success of stores in Aventus Centres
of employees.                                                                                                                                          result of the event.
                                                    commercially operated play centre.                 to create unique and local experiences                                                          the presentation were refined while the           at Mile End, Peninsula, Jindalee, Kotara,
Retail Marketing Managers at Aventus                                                                   for customers.                                                                                  business opened stores in Bendigo, Ballarat,      Sunshine Coast, and Shepparton, Provincial
                                                    Retailer perspectives: It’s a win-win
are committed to supporting retailers and                                                                                                                                                              and numerous locations across country             Home Living is proud to open their newest
                                                    Retailers were unanimously positive,               Free Fun Day: Retailer highlights
continuing to strengthen community ties.                                                                                                                                                               Victoria. Provincial offered a fresh outlook      store in the Belrose Super Centre.
                                                    reporting significant spikes in sales figures      Bargain Depot reported that the train ride
The primary objective of our community                                                                                                                                                                 on retail, instead of the usual shelved space,
                                                    and in-store foot traffic. Patrons at some         provided “great retailer exposure as it went
events are to create opportunity for locals to                                                                                                                                                         the store was set up as a home with defined
                                                    food outlets chose to take their meals             from one end of the centre to the other” and
come together, and interact with retailers at                                                                                                                                                          bedrooms, living rooms, dining rooms, and
                                                    picnic style on the centre’s grassed areas         rated the day as the best event the centre
the centre.

Retailers at Cranbourne Home in Melbourne
                                                    with demand for table seating, at times,
                                                    exceeding capacity.
                                                                                                       had run.                                        The centre                                      kitchen set-ups displayed throughout.

recently joined forces to create a ‘Free Fun
Day’ during the April School Holidays. The
                                                    The overall mood of businesses that
                                                                                                       “It drove customers directly to our door,” a
                                                                                                       store representative said.
                                                                                                                                                       heavily promoted
centre heavily promoted the event which
                                                    participated were best expressed by Red
                                                                                                       Lombards was giving out free balloons as        the event which
                                                                                                                                                                                                       RECIPE FOR SUCCESS
                                                    Rooster assistant restaurant manager Petar
engaged 51,000 people via the event’s                                                                  well as staging a lucky dip and offered face
Facebook page, attracted a large number
of customers to the centre on the day, and
                                                    Fadljevic who said the event, and others like
                                                    it, consistently validated and rewarded the
                                                                                                       painting for kids. The store reported that      engaged 51,000
                                                                                                       they had struggled keep up with the huge
increased traffic by approximately 5%.
                                                    decision to participate.
                                                                                                       demand. “We have never seen that amount         people via
                                                                                                                                                                                                       KWB GROUP
                                                    “I love how Cranbourne Home works with us          of customers in our store,” Fiona the Store
The centre supported the event with a
jumping castle at one end of the centre and
                                                    to host fun days like the Drive–In Movie night,    Manager said.                                   the event’s
                                                    Family Fun Day and even the Dog Day Out! I
a train ride at the other. This helped in driving
                                                                                                                                                       Facebook page

                                                    believe it is great for the community as well
                                                    as for the store and its sales,” Fadljevic said.

                                                                                                                                                                                                       Kitchen Connection and Wallspan                   The company is also investing in new growth
                                                                                                                                                                                                       showrooms will benefit from a new                 verticals with digital innovation, entry into
                                                                                                                                                                                                       production facility recently established in       complementary categories (such as flooring)
                                                                                                                                                                                                       Brisbane and future plans for growth.             and network expansion as key focus areas
                                                                                                                                                                                                                                                         for the business.
                                                                                                                                                                                                       The recent acquisition of the $8 million
                                                                                                                                                                                                       industrial asset in Lytton, is part of the        Said John: “Improving our customer
                                                                                                                                                                                                       company’s aggressive growth strategy              service offering has been central to all of
                                                                                                                                                                                                       which has seen a multi-million dollar turn        these plans. The new production facility
                                                                                                                                                                                                       around for both brands since they were            means we can turn around projects faster
                                                                                                                                                                                                       acquired by KWB Group in 2012.                    and our Virtual Reality program is yet another
                                                                                                                                                                                                                                                         way we can improve the experience we offer
                                                                                                                                                                                                       John Bourke, Managing Director of
                                                                                                                                                                                                                                                         our customers.”
                                                                                                                                                                                                       KWB Group said: “The new production
                                                                                                                                                                                                       facility in Lytton is a significant development
                                                                                                                                                                                                       for our business.

                                                                                                                                                                                                       “We now have the opportunity to be able
                                                                                                                                                                                                       to sell and install kitchens faster and more
                                                                                                                                                                                                       efficiently than anyone else currently in the
                                                                                                                                                                                                       renovation market.

                                                                                                                                                                                                       “We will also be able to supply an even
                                                                                                                                                                                                       higher level of customer service in terms
                                                                                                                                                                                                       of customisation and rectifications.”
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                             aventus industry magazine   08/09

FAMILIES SADDLE UP
FOR FAMILY FUN
AND FANTASTIC SALES

While the old saying about not working with kids or animals may hold true in showbiz, the
opposite has been conclusively proven true when it comes to retailing promotional events.

Families have been flocking to join in the fun   Kids weren’t the only ones getting caught       The centre recorded a 32% increase in              The Easter Bunny popped up once again,
with retailers at Aventus centres across the     up in the animal antics, with free camel        customer traffic which retailers said was          this time visiting Logan Super Centre in
country with the chance to get up close with,    rides taking the fun to a whole new level.      converted into a significant spike in sales.       Queensland to deliver eggs and pay a visit
handle, play with and even ride some animals     Plenty of parents were hoofing it on over for                                                      to every store in the complex. The visit was
                                                                                                 Early Settlers and Gamble & Brown
driving up foot traffic and delivering           a free ride, and the results for the resident                                                      part of a broader program of fun for local
                                                                                                 outlets reported strong traffic due to their
a boon for sales.                                retailers ensured everyone left with a smile                                                       kids with the Logan Kids Club - held every
                                                                                                 participation in the event, while another
                                                 on their face.                                                                                     second Tuesday - already a firm favourite for
Cranbourne Home in Victoria was the first                                                        retailer reported 16% growth on the previous
                                                                                                                                                    the youngsters. Suzanne ‘The Fairy Lady’ has
to kick of the furry fun this year with Best     Along with the happy families who attended,     year’s event.
                                                                                                                                                    been entertaining kids with songs and stories
Friends Pets & Cranbourne Home partnering        retailers at Caringbah Home were the key
                                                                                                 10% of retailers joined in the fun by offering     and other fun activities once a fortnight.
to create a Dogs Day Out in mid January.         beneficiaries from the first of these events
                                                                                                 their own free activities as part of the
Despite the heat, 200 dog owners enjoyed         as the centre recorded a 25% increase                                                              The Easter Bunny’s final Aventus appearance
                                                                                                 event which was advertised throughout
a day out with their canine pals enjoying        in customer traffic on the day. Huge                                                               for the year, to the Belrose Super Centre,
                                                                                                 the centre using die-cut signage featuring
activities such as a pet photo booth,            crowds lined up for hours for the chance                                                           was a special one made possible by Kids
                                                                                                 the star attractions. Once again customer
doggie pools, dog face-painting for the          to be carried about on camelback and the                                                           Cove Early Learning Centre in Terrey Hills.
                                                                                                 engagement via Facebook was strong with
kids, giveaways, dog demonstrations and          overwhelming feedback from young and old                                                           Kids Cove sponsors the centre’s Mini Super
                                                                                                 many compliments flowing in after the event.
more. Best Friends sent an email to 15,000       was that the fun was well worth the wait,                                                          Trouper Kids club, a regular and hugely
customers via their database, while the          even at peak periods. Retailer involvement      The same day, Highlands Hub retailers were         popular fun social program. The Easter
event’s reach via Facebook hit 20,079. The       included free balloons at Mint Flooring, free   similarly being swamped with additional            Bunny was only too happy to be a part of
event was picked up by and featured heavily      6x8 prints at Harvey Norman and a count the     foot traffic with a free animal farm event – a     the fun, giving away Easter eggs galore and
in the local paper.                              DVD stack game at JB Hi-Fi just to name a       regular and perennially popular promotion          leaving behind a sea of smiles on the faces of
                                                 few. The promotion also garnered a pleasing     for the centre – drawing its biggest crowds        retailers and kids alike.
Epping Hub was next up, assisting retailers
                                                 level of social media engagement with plenty    yet. Retailers jumped on board with Subway
in the running of the centre’s first School                                                                                                         In a separate event, the Mini Super Trouper
                                                 of praise being plastered across the event’s    offering free mini cookies and an Easter egg
Holiday activation on Friday, 29 January,                                                                                                           Kids club were visited by the NSW Fire
                                                 Facebook page.                                  competition was held at Beacon Lighting.
in the carpark. Free School Holiday fun                                                                                                             Service and the NSW Police Force. The Kids
included a jumping castle, animal farm,          The following day, rather appropriately a       Ballarat Home was meanwhile busy assisting         Club events are a great way for retailers to
giveaways, face painting and more. Free          Wednesday (a.k.a. ‘hump-day’), Kotara           its retailers to run a school holiday activation   share special offers and marketing materials
roving entertainment was provided by Kids        Home retailers and their customers got their    throughout the centre. The Free School             with their target market during every week of
Space (a centre retailer) on the day and         turn. While the kids were busy learning about   Holiday Fun event, heavily supported by            the school terms.
a magic show after the event at their play       the different animals and how to care for       retailers, included one day only retailer
centre proved highly popular. Overall the        them, the camels were taking customers on       offers, a jumping castle, animal farm,
event attracted 526 children which impacted      mini-expeditions. Children also enjoyed free    giveaways, face painting at Lincraft and
traffic by 5.4%.                                 activities from our retailers; Hungry Jacks     Fantastic Furniture, bargain spruiking,
                                                 gave away free cheeseburgers, Gamble            roving entertainment, an Easter egg hunt
Eggcellent Easter Extravaganza
                                                 and Brown handed out free mini cupcakes,        at Fantastic Furniture and more. The event
Come the Easter school holidays, it was
                                                 Bunnings distributed gardening pots to kids,    attracted 13,065 to its Facebook page and
time for animal fun of a different kind with a
                                                 and a colouring in competition along with       875 people to the centre on the day, boosting
series of animal farm events proving a huge
                                                 lucky dips were staged at Early Settler.        traffic by 17%.
drawcard for families.
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                                                                  aventus industry magazine                                                                                                10/11

SHERIDAN                                                                                                                                    HOW AUSTRALIANS
STORY                                                                                                                                       CHOOSE BIG-TICKET                                                                                                                                                                     40% of shopping
                                                                                                                                                                                                                                                                                                                                  searches on
					                                                                                                                                       FURNITURE                                                                                                                                                                             Google are for
                                                                                                                                                                                                                                                                                                                                  broad category
                                                                                                                                            					                                                                                                                                                                                 queries such
                                                                                                                                            When Australians shop for big-ticket furniture items such as sofas,                                                                                                                   as “bedroom
                                                                                                                                            side tables, and shelves, their smartphones are their go-to assistants.                                                                                                               furniture.”
                                                                                                                                            For retailers, this creates big opportunities to be present and useful in
                                                                                                                                            shoppers’ intent-rich moments.

                                                                                                                                            Big-ticket home furniture is often more than                Your brand can win points right                                     WHERE’S-THE-BEST-STORE
                                                                                                                                            something to fill a room—it’s a statement.                  from the beginning as 49% of Australians
                                                                                                                                                                                                                                                                       3     MOMENTS
                                                                                                                                            And as Australians look for inspiration,                    have discovered and bought new brands                        Big-ticket purchases may not always happen
                                                                                                                                            narrow their choices, find the right store,                 they had little knowledge of prior to                        on mobile, but mobile certainly influences
                                                                                                                                            and then seal the deal, they use their                      a smartphone search.3                                        them. I-want-to-go moments are when the
                                                                                                                                            smartphones for ideas and information.                                                                                   rubber meets the road as shoppers look for
                                                                                                                                                                                                               I-WANT-JUST-THE-RIGHT-THING
                                                                                                                                            To understand what these moments look like,
                                                                                                                                                                                                           2    MOMENTS                                              local stores that have just what they need.
                                                                                                                                            we conducted qualitative and quantitative                   Consider a shopper on the hunt for a new                     Once shoppers know exactly what kind
                                                                                                                                            research, exploring the role of mobile—from                 sofa. While watching the nightly news, she                   of sofas or bathroom tiles they want, they
                                                                                                                                            the moment someone first thinks about                       searches for “kid-friendly sofa materials” on                need to know where they can pick up their
                                                                                                                                            redoing the bathroom to the moment the final                her smartphone. She reads a few articles that                items without too much hassle. When
                                                                                                                                            tile is in place.                                           convince her to go with a leather sofa instead               people conduct local searches on their
                                                                                                                                            Here are the four key micro-moments we                      of fabric. This behaviour is common across                   smartphones, 76% visit a business within
                                                                                                                                            uncovered for Australian furniture shoppers,                Australia, with 82% of people using their                    24 hours of the search.5 And 28% of those
                                                                                                                                            as well as insights into how your brand                     smartphones at home to search online when                    searches results in a purchase.5
                                                                                                                                            can win each moment.                                        buying home goods furnishings.3
                                                                                                                                                                                                                                                                     How to win where’s-the-best-store
                                                                                                                                                                                                        After she knows what kind of sofa she                        moments
                                                                                                                                              1   I-NEED-SOME-IDEAS MOMENTS                            wants, it’s time for her to find the right one.              >> Have a local presence: By the time they
                                                                                                                                            When a shopper kicks off a new project,                     She might head to a few retailer sites she’s                    search for locations, shoppers are ready
Sheridan is celebrating its 50th Anniversary this                                                                                           whether it involves finally redoing the living
                                                                                                                                            room or looking for a new bed, they’re in
                                                                                                                                                                                                        already familiar with, and she’ll also search
                                                                                                                                                                                                        for broad terms, such as “affordable leather
                                                                                                                                                                                                                                                                        to roll. Make sure your online business
                                                                                                                                                                                                                                                                        listing is updated, that you’re present
year with a series of collaborations that nod to                                                                                            discovery mode. They want to see what’s                     sofa” or “best leather sofa.”                                   for local search terms such as “furniture

what makes Sheridan unique; artistry, quality,                                                                                              out there, so they head out not to research
                                                                                                                                                                                                        With so much information available to
                                                                                                                                                                                                                                                                        stores near me,” and that you have

craftsmanship and iconic design.                                                                      Introduce creative thought and        mattress prices, but to look for ideas. In fact,
                                                                                                                                            40% of shopping searches on Google are
                                                                                                                                                                                                        consumers, Australians conduct dozens
                                                                                                                                                                                                        of searches to help them find exactly the
                                                                                                                                                                                                                                                                        location extensions set up.
                                                                                                                                                                                                                                                                      >> Show product availability: As much

                                                                                                      beauty into everyday things of life   for broad category queries such as
                                                                                                                                            “bedroom furniture.”
                                                                                                                                                                                                        right thing. Nearly half (45%) of recent
                                                                                                                                                                                                        home furnishings purchasers in Australia
                                                                                                                                                                                                                                                                         as shoppers care about optimising and
                                                                                                                                                                                                                                                                         finding the perfect piece, they care
                                                                                                                                                                                                                                                                                                                                      need to make comparisons. You can run a
                                                                                                                                                                                                                                                                                                                                      quick check on how mobile-friendly your
                                                                                                      Claudio Alcorso                       Shoppers in these I-need-some-ideas                         compared choices and product features on                         equally about being efficient and saving                     site is right now with Test My Site.
Sheridan was founded in Australia by               available in their Studio and Sheridan
                                                                                                                                            moments are looking for inspiration. What                   their smartphones.4                                              time. To drive shoppers directly to you,
visionary entrepreneur Claudio Alcorso in          Boutique stores from end of July. This                                                                                                                                                                                                                                          >> Include detailed product specs and
                                                                                                                                            colours are in style right now? How can I                                                                                    show product availability at your different
1967. As a boy working in the family textile       collaboration talks to the artistry at the heart                                                                                                     How to win I-want-just-the-right-thing                                                                                        answers: If shoppers have questions that
                                                                                                                                            arrange the room to make the best use of                                                                                     store locations with local inventory ads.
printing business in Italy, Claudio acquired       of the brand’s history. Done first created a                                                                                                         moments                                                                                                                       a sales rep can’t answer, they’ll go—you
knowledge and a love of textiles. When he          sell-out collection for Sheridan in the 80’s.                                            light? What themes can I incorporate?                       >> Provide detailed information and tips                       4    THIS-IS-THE-ONE MOMENTS                                   guessed it—to their smartphones. Even
migrated to Australia he bought with him an                                                                                                                                                                about products: It’s crucial for your                     Often when shoppers enter your store,                            in those final moments, you’ll need to
                                                   The launch of Sheridan Studio concept                                                    How to win I-need-some-ideas moments
inherent understanding of the importance                                                                                                                                                                   site and any ads supporting your site to                  smartphone in hand, they know what they                          be there and be useful on mobile, if only
                                                   stores is also key in Sheridan’s 50th year. The                                          >> Be there: It’s crucial for your brand to
of quality as well as his passion for art and                                                                                                                                                              have all the information shoppers need to                 want—but they may also have other options in                     to help shoppers feel confident in their
                                                   new concept stores enable the customer to                                                   have a mobile presence at this point
beauty. Claudio believed that beauty in art                                                                                                                                                                make choices.                                             mind. In the store, they want to check how the                   purchases when they walk out the door.
                                                   create, curate and style their home with a full                                             because 90% of smartphone users
belonged to everyone, everywhere – not just                                                                                                                                                              >> Get in front of interested shoppers:                     piece looks in real life, how it feels, and whether
                                                   home offering – from floor rugs to furniture                                                say they aren’t sure of the specific                                                                                                                                                >> Provide multiple checkout and
on gallery walls or in ornate gold frames. His                                                                                                                                                              Shopping ads help you get your product                   the colour is what they expected. In Australia,
                                                   and storage solutions to wallpapers, wall art,                                              brands they want to buy when they                                                                                                                                                      fulfillment options: When ready to buy,
vision was to “introduce creative thought                                                                                                                                                                   photos in front of consumers searching                   68% of smartphone shoppers have used their
                                                   bathroom accessories and soft furnishings.                                                  begin shopping.                                                                                                                                                                        people want convenience and simplicity.
and beauty into everyday things of life” and                                                                                                                                                                online for what you offer.                               phones to search for information about items
                                                   Sheridan Studio also continues to house a                                                >> Showcase compelling visuals: Providing                                                                                                                                                 If shoppers are looking to buy online,
his down to earth, egalitarian way of thinking                                                                                                                                                                                                                       they were looking to buy while in a store.3
                                                   curated selection of Sheridan’s most adored                                                 high-quality visuals can help shoppers                    >> Include descriptive photos: Shoppers                                                                                      make it easy by allowing them to check
was a perfect fit with the Australian spirit.
                                                   bed linen, towels, cushions, throws and                                                     focus their vision.                                          like to get a feel for your furniture without            Whether you’re the store the shopper                             out as guests and providing them with
That’s a vision that still holds true for          bed accessories.                                                                                                                                         having to drive to your store, so include                is standing in or the competitor she’s                           multiple ways to pay.
                                                                                                                                            >> Provide helpful content: Many Australian
Sheridan today and guides us in everything                                                                                                                                                                  product photos from different angles and                 researching, you want to have all your ducks                 Mobile influences shoppers’ choices all along
                                                   Studio stores operate as an interactive space                                               shoppers save pictures of room design
we do. We’re known and loved in Australia                                                                                                                                                                   in context.                                              in a row to make it easy to choose you.                      the way. When you consider what furniture
                                                   with large communal tables for conversation,                                                ideas they come across as they search.
and around the world for our beautifully                                                                                                                                                                 >> Turn on reviews: Featuring product                                                                                    shoppers need at each step of the journey
                                                   learning and consultation, and workshops.                                                   When shoppers find (and save) photos
designed, quality products that make life just                                                                                                                                                                                                                       How to win this-is-the-one moments
                                                   The new store format will be home to styling                                                of contemporary living room layouts, for                     reviews and user comments can increase                                                                                and provide helpful and quick experiences,
that little bit more indulgent around the home –                                                                                                                                                                                                                     >> Offer a seamless mobile experience:
                                                   sessions and workshops, transforming the                                                    example, from a brand’s blog, they’re                        a shopper’s confidence in a product and                                                                               your brand can influence decisions in the
be it bed linen for the bedroom, towels for the                                                                                                                                                                                                                         It’s crucial that mobile experiences are
                                                   traditional retail framework into a hub of                                                  much more likely to keep your brand in                       get them ready to head to the store.                                                                                  moment and shape consumer preferences in
bathroom, table linens, loungewear or home                                                                                                                                                                                                                              frictionless and have everything shoppers
                                                   creativity and a truly bespoke customer                                                     mind as they come closer to purchase.                                                                                                                                              the long-term.
accessories for all the other places
                                                   experience, enabling the customer to create
of the home.
                                                   an entire Sheridan home.
One collaboration in the 50th year that                                                                                                     Sources (5)
                                                   For more activity around their
stands out is the partnership with iconic          50th anniversary visit                                                                   1. Google internal data, anonymised, aggregated searches that trigger a PLA, November 2015, U.S.
Australian artist, Ken Done. He has created        Sheridan.com.au@sheridanaustralia                                                        2. Google/Ipsos, “Consumers in the Micro-Moment, Wave 3,” August 2015, U.S., n=1,291 online smartphone users 18+.
                                                                                                                                            3. Google/Galaxy, “Consumers in the Micro-Moment,” June 2015, Australia.
a limited edition collection of quilt covers,      #sheridanaustralia                                                                       4. G oogle/TNS, “The Consumer Barometer Survey,” 2014–2015, Australia, n=128 smartphone users and home furnishing recent purchasers.
cushions, and a beach towel that will be                                                                                                    5. Google/Purchased Digital Diary, “How Consumers Solve Their Needs in the Moment,” May 2016, U.S., representative sample of n=1000 smartphone users, n=634 local searchers, n=1140 purchasers.
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                                                                                   aventus industry magazine                                                                   12/13

HAPPY
RETAILERS
		                                                                                                 Adairs, Caringbah Home                 Petbarn, Kotara Home
                                                                                                                                                                                     Sleepy’s, Kotara Home               Toys R Us & Babies R Us, Bankstown Home           Freedom, Belrose Super Centre                Choices Carpet, Kotara Home

                                                                                                                                                                                  Autobarn, Cranbourne Home               Barbeques Galore, Castle Hill Super Centre      Best Friends, Cranbourne Home             OZdesign Furniture, Caringbah Home
Provincial Home Living, Belrose Super Centre           Best & Less, Highlands Hub                  Snap Fitness, Epping Hub              99 Bikes, Mile End Home

         Snooze, Bankstown Home                 Barbeques Galore, Belrose Super Centre          JW Computers, Bankstown Home            Subway, Bankstown Home                   24/7 Fitness, Cranbourne Home           Freedom Furniture, Castle Hill Super Centre        Lombards, Cranbourne Home             Howards Storage, Castle Hill Super Centre

  Barbeques Galore, Belrose Super Centre               Ezyswim, Bankstown Home                 Thyme Out Cafe, Cranbourne Home   Barbeques Galore, Belrose Super Centre          Beds n Dreams, Mile End Home                      Office Works, Epping Hub            Sleeping Giant, Castle Hill Super Centre        Red Rooster, Cranbourne Home

                                                                                                                                                                           BRAND PARTNER
                                                                                                                                                                           OPPORTUNITIES
       Red Rooster, Cranbourne Home            Provincial Home Living, Belrose Super Centre     Godfreys, Belrose Super Centre   Chemist Discount Centre, Peninsula Home

                                                                                                                                                                           Partnering your brand with Aventus has never
   Barbeques Galore, Belrose Super Centre       Freedom Furniture, Belrose Super Centre        The Good Guys, Bankstown Home              Plush, Mile End Home
                                                                                                                                                                           been easier. With 22 centres across Australia,
                                                                                                                                                                           we’ll help you connect your brand message to
                                                                                                                                                                           the right customers.

                                                                                                                                                                           Our spaces are as diverse as our customers,   With solutions in Digital Media, Social,
                                                                                                                                                                           bringing together Home, Lifestyle,            Site Activations, In-Centre Media and
    The Flavour Mill, Belrose Super Centre         Beacon Lighting, Bankstown Home                 Autobarn, Mile End Home               Adairs, Caringbah Home            Food and Health & Wellbeing – creating        Sponsorships, Aventus is where you
                                                                                                                                                                           hubs that are so much more than just a        need to be.
                                                                                                                                                                           shopping destination.
                                                                                                                                                                                                                         Visit www.partnerships.aventusproperty.
                                                                                                                                                                                                                         com.au to find out more.

       Gamble & Brown, Kotara Home               Kids Space with Darren Holland CEO at        Barbeques Galore, Bankstown Home          Sofa Shop, Mile End Home
                                                             Epping Hub
RE-TALE THERAPY - Aventus Property
Issue 6 | August 2017                                                                                                                                                 aventus industry magazine                                                                           14/15

BOX OFFICE DRAW                                                                                                                                                            ABOUT TESLA
OUTDOOR MOVIE EVENTS A                                                                                                                                                     SUPERCHARGING
DRIVING FORCE FOR RETAIL
					                                                                                                                                                                      Tesla was founded in 2003 in Silicon Valley
                                                                                                                                                                           by a group of engineers who wanted to
                                                                                                                                                                           prove that electric cars could be better than
                                                                                                                                                                           gasoline-powered cars. A car with instant torque,
                                                                                                                                                                           incredible power, and zero emissions, Tesla’s
                                                                                                                                                                           products would be cars without compromise.

                                                                                                                                                                           Each model would be increasingly affordable,     Ballarat Supercharger Opening
                                                                                                                                                                           helping the company work towards its             Tesla’s Ballarat Home Supercharger station
                                                                                                                                                                           mission: to accelerate the world’s transition    is the first connection from Melbourne to
                                                                                                                                                                           to sustainable energy.                           Adelaide. The official opening was held at the
                                                                                                                                                                                                                            centre on Tuesday 7th March 2017 with
                                                                                                                                                                           Since announcing the technology, Tesla
                                                                                                                                                                                                                            a ribbon cutting ceremony.
                                                                                                                                                                           has deployed more than 800 Supercharger
                                                                                                                                                                           Stations and more than 5,195 Superchargers       Councillor Jim Rinaldi from the Ballarat City
                                                                                                                                                                           worldwide, making it the fastest-growing         Council was on hand to cut the ribbon and
                                                                                                                                                                           fast-charging network in the world.              declare the six bay station open. Multiple
                                                                                                                                                                                                                            owners drove from near and far for the
                                                                                                                                                                           Supercharger stations are strategically
                                                                                                                                                                                                                            opening event and vehicles were on display
                                                                                                                                                                           placed to allow owners to drive from station
                                                                                                                                                                                                                            for locals to test drive.
                                                                                                                                                                           to station with minimal stops. Stations are
                                                                                                                                                                           located near amenities like roadside diners,     The Tesla Supercharger can add up to
                                                                                                                                                                           cafes, and shopping centres so road trippers     270 km of range in just 30 minutes of
                                                                                                                                                                           can stop for a quick meal and have their         charging. Superchargers are designed for
                                                                                                                                                        Crowds gather to   Model S Tesla vehicles charged by the time
                                                                                                                                                                           they’re done.
                                                                                                                                                                                                                            city to city travel, allowing owners to travel
                                                                                                                                                                                                                            for about three hours, take a quick break,

Energy, excitement, fun and broad-appeal. These are not only                                                                                              enjoy outdoor    Tesla Superchargers charge a Model S in
                                                                                                                                                                                                                            and get back on the road charged up.

key ingredients in successful retailing but also the recipe for a cinema                                                                                family screening   minutes instead of hours. The ability to quick
                                                                                                                                                                           charge, allows easy long-distance travel
hit. So, it is no surprise that our outdoor family film promotions have                                                                                                    along well-travelled highways around the
                                                                                                                                                                           world. The Tesla Supercharger
been attracting as many as 3000 customers to some screenings.                                                                                                              is substantially more powerful than any
                                                                                                                                                                           existing charging technology, providing up to
                                                                                                                                                                           120 kilowatts of power and 270 km of range
But how do retailers reap the rewards of this       many ways to get involved. These include          customer traffic for the day, with 1600 people                       in 30 minutes.                                                                                    Councillor Jim Rinaldi and Senior Marketing & Communications Manager for Tesla Australia,
foot-traffic, especially when screenings are        offering screening day specials, free in-store    visiting after 4pm equating to 34% of the                                                                                                                              Heath Walker, officially opening the charging station at Ballarat Home.
generally scheduled during sunset hours?            activations, airing commercials prior to          day’s customer traffic.
                                                    the movie and more.
With centres showing significant crowd                                                                Additional attractions - a puppet show and
increases on repeated events, more and
more retailers are choosing to extend               RECENT                                            the chance for customers to have their photo
                                                                                                      taken with the NRL Premiership Trophy -          The event
opening hours. And with the majority of
families arriving an hour or more in advance
                                                    FEATURE                                           proved hugely popular. Retailers reported
                                                                                                      many customers returning after the event         attracted over
of the screening, operators are finding
many simple, cheap and effective ways to
                                                    HIGHLIGHTS                                        to make purchases.
                                                                                                                                                       990 customers
                                                                                                      Epping Hub – Movie: Zootopia
entice families into their stores such as free
balloons, popcorn, and competitions.                Bankstown Home – Movie: Zootopia
                                                                                                      Despite poor weather forcing the cancellation
                                                                                                      of a community market planned to
                                                                                                                                                       and significantly
                                                                                                                                                       boosted foot
                                                    With over 60% of retailers participating on
The return for retailers is an opportunity                                                            complement the centre’s first outdoor movie
                                                    the evening, holding their own free activities,
to boost sales, increased brand/store                                                                 event, customers arrived early and enjoyed

                                                                                                                                                       traffic.
                                                    some 1,600 cars visited the centre after 3pm.
awareness, and (in what seems to be a                                                                 free retailer activations including jumping
growing trend, based on retailer feedback)          Customers skied the Swiss Alps in                 castles, novelty animal rides, food trucks,
customers deciding they need to come back           Bankstown via a JW Computers 3D virtual           free face painting, and roving entertainment.
for a particular product or item at a later time.   reality world demonstration, while a puppet       The event attracted over 990 customers and
                                                    show brought back some nostalgia                  significantly boosted foot traffic.
With both parents (a.k.a. the ‘dual decision
                                                    for parents.
makers’) generally present at screenings,                                                             Peninsula Home – Movie: Cars
mums and dads are returning soon after to           Once again, retailers reported a boost in         Pre-movie entertainment - including free
purchase items they may otherwise have              sales including additional gym memberships,       retailer activations, go karting, giveaways,
never seen or considered.                           a spike in bed sales and Toys R Us recording      jumping castle, and a roving jazz band - had
                                                    a 20% jump in customer traffic.                   customers flocking early. The event attracted
Due to increasing demand from patrons and
retailers, Aventus will continue to roll these                                                        close to 500 patrons on the night, increasing
                                                    Caringbah Home – Movie: Zootopia
movie events out.                                                                                     foot-traffic by 9.7%.
                                                    With wet weather looming, the centre’s
As with anything, the more a store puts             loading dock was immaculately cleaned
in, the greater the return - and there are          and transformed into a makeshift ‘screening
                                                    hall’. The event achieved a 54% increase in
RE-TALE THERAPY - Aventus Property
16                                                      Issue 6 | August 2017                                                                                                                      aventus industry magazine                                                                                     16/17

OUR                                                                                                                                                                                                                                                                                         Castle
NEW CENTRES                                                                                                                                                                                                                                                                                Hill Super
                                                                                                                                                                                                                                                                                            Centre

      Marsden
       Park
       Home

                                                                                                                 The Australian reported the acquisition
                                                                                                                 in its 31 May 2017 edition: Aventus
                                                                                                                 buys Home Hubs for $436m
In July this year, Aventus became the very                                                                       The Aventus Property Group has struck the
                                                                                                                 country’s biggest-ever large-format retail
                                                                                                                                                                  but it doesn’t rerate the entire industry,”
                                                                                                                                                                  Mr Holland said.
                                                                                                                                                                                                                       Macquarie said the deal was consistent with
                                                                                                                                                                                                                       the Aventus strategy of consolidating in large-
proud owners of two large format retail centres                                                                  purchase with the listed trust buying Home
                                                                                                                                                                  He pointed to other deals involving private
                                                                                                                                                                                                                       format retail. The company listed in late 2015
                                                                                                                 Hubs in the northwestern Sydney suburbs of                                                            to allow it to access listed capital to move on
in Sydney, located at Castle Hill and Marsden                                                                    Castle Hill and Marsden Park for $436 million.
                                                                                                                                                                  buyers but the value of well-positioned centres
                                                                                                                                                                                                                       opportunities in a fragmented asset class.
                                                                                                                                                                  is expected to rise as a result of the new metrics
Park. This acquisition introduced an additional                                                                  The company beat stiff competition from retail   that have been set and Aventus may sell some         Since then it has bought a Blackstone portfolio
104 shops across more than 71,800sqm to the                                                                      magnate Gerry Harvey to buy the two Sydney
                                                                                                                 centres from international heavyweight
                                                                                                                                                                  smaller assets.                                      and snapped up smaller individual centres,
                                                                                                                                                                                                                       with the latest deal viewed as earnings-
Aventus portfolio.                                                                                               LaSalle Funds Management, leaving it
                                                                                                                                                                  Mr Holland noted that Aventus had grown from
                                                                                                                                                                  a 9 per cent share of the national large-format      neutral or slightly dilutive, although Mr
                                                                                                                 well positioned to consolidate further in        retail market to 14 per cent as its portfolio had    Holland pointed to a number of opportunities
                                                                                                                                                                                                                                                                          industry superannuation funds — AustSafe
                                                                                                                 the industry.                                    lifted to more than $1.8 billion.                    to improve the centres.
                                                                                                                                                                                                                                                                          Super, Club Plus Super, Energy Super and
                                                                                                                 The blue chip centres sold on a weighted                                                              “Whilst the deal is not hugely material            Intrust Super.
                                                                                                                                                                  He agreed that it was pursuing industry
Aventus now owns 22 large format retail                                                                          average capitalisation rate of 5.6 per cent.                                                          for earnings in the very near term, this
                                                                                                                                                                  consolidation but insisted that it was also                                                             They reaped a hefty premium after buying the
centres across four states, with a combined                                                                      Home Hub Castle Hill went for $336m at a                                                              transaction improves Aventus’ exposure to the
                                                                                                                                                                  boosting value by delivering on its development                                                         Castle Hill facility for $178.5m in 2012 and the
value of $1.8m. We are now the largest LFR
                                                                                                                 fully leased yield of 5.5 per cent and Home      pipeline and exploring planning reform at its        Sydney market,” Macquarie said.                    site for the Marsden Park property in 2015 for
landlord in Sydney, with catchment area
                                                                                                                 Hub Marsden Park for $100m at a fully leased     existing sites.                                                                                         $66m, and then developing it.
coverage to 43% of Sydney.                                                                                                                                                                                             The sale of the centres by the LaSalle Australia
                                                                                                                 yield of 6 per cent.
                                                                                                                                                                  Aventus yesterday conducted a $215m                  Club Investment Trust is another marker            “The dominant, strong performance, high
In typical Aventus style, we quickly identified
                                                                                                                 Aventus chief executive Darren Holland played    entitlement offer, handled by investment             for the sector that is producing steadier          growth aspect and exceptional quality of the
opportunities to enhance and energize
the look and feel of the centres, as well as
improving customer experience and linger
                                                  Aventus Team                                                   down concerns that prices in the emerging
                                                                                                                 sector had escalated too quickly, citing its
                                                                                                                                                                  banks Macquarie and UBS. The raising was
                                                                                                                                                                  backed by billionaire co-founder Brett Blundy
                                                                                                                                                                                                                       performance than landlords exposed to
                                                                                                                                                                                                                       department stores and some struggling anchor
                                                                                                                                                                                                                                                                          assets resulted in significant investor interest
                                                                                                                                                                                                                                                                          from international investors, domestic
                                                                                                                 growing maturity and the rising proportion       and Sanity boss Ray Itaoui who will hold a           supermarket chains.                                institutions and a range of high-profile private
time. Works have already commenced across
                                                                                Photo credit: Hellas Kamarinos   of tenants that were listed on the ASX and       combined stake of about 35 per cent after the                                                           investors,” Mr Rooney said.
both sites, and rebranding of the “Home                                                                                                                                                                                The homemaker portfolio was marketed
Hub” name is planned as “Castle Hill Super                                                                       pursuing multibrand strategies.                  heavily bid raising.
                                                                                                                                                                                                                       by Simon Rooney of JLL and Dan McVay               “The deep investor pool was clearly attracted
Centre” and “Marsden Park Home”.                                                                                 “We think there might be some (capitalisation    The $2.32 per share price showed a 7.1 per cent      and Sam McVay of McVay Real Estate after           to the long-term potential and the high
                                                                                                                 rate) compression off the back of this ...       fiscal 2018 distribution per security yield.         being assembled by LaSalle on behalf of four       population growth outlook for both assets.”
Issue 6 | August 2017                                                                                                                                                                     aventus industry magazine                                                                    18/19

THINKING OUTSIDE
                                                                                                                                                                                               Meanwhile in Queensland a number of
                                                                                                                                                                                               retailers at Jindalee Home joined forces to
                                                                                                                                                                                               host the centre’s most successful carpark
                                                                                                                                                                                               sale yet. The inclusion of food trucks and

THE STORE
                                                                                                                                                                                               kids’ activities created great shopper
                                                                                                                                                                                               circulation throughout the centre and drew a
                                                                                                                                                                                               massive crowd of customers.

                                                                                                                                                                                               The event saw a traffic increase of 22% on
                                                                                                                                                                                               the day, with enough cars to fill the carpark 9
                                                                                                                                                            Kotara                             times over. It was the centre’s busiest day in
                                                                                                                                                                                               the previous 12 months.

                                                                                                                                                            Carpark                            Retailers were thrilled with their efforts
                                                                                                                                                                                               as they reported their best sales days
                                                                                                                                                             Sale!                             of the year, with many recording bigger
                                                                                                                                                                                               one day revenue totals than during the
                                                                                                                                                                                               Christmas period.

                                                                                                                                                                                               Highlands Hub in NSW similarly opened up
                                                                                                                                                                                               its carpark to retailers in June with large
                                                                                                                                                                                               crowds proving that the right mix of deals
                                                                                                                                                                                               and attractions can easily be enough for
                                                                                                                                                                                               shoppers to ignore the winter chill. The Huge
                                                                                                                                                                                               Carpark Sale event saw overall foot traffic up
                                                                                                                                                                                               by 8% and participating retailers reporting
                                                                                                                                                                                               strong sales results.

                                                                                                                                                                                               And rounding out the final two weeks of
                                                                                                                                                                                               June, Beds n Dreams hosted its very own
                                                                                                                                                                                               massive car park sale at Belrose Super
                                                                                                                                                                                               Centre. Catherine from Beds n Dreams
                                                                                                                                                                                               promoted the event via the store’s customer
                                                                                                                                                                                               email database and, with the support of the
                                                                                                                                                                                               centre’s social media and website, the sale
                                                                                                                                                                                               was such a great success that it has already
                                                                                                                                                                                               been booked in for a repeat next year!

                                                                                                                                                                                                                                                                                                                                                  Mile End
                                                                                                                                                                                               It was                                                                                                                                             Carpark
                                                                                                                                                                                               the centre’s                                                                                                                                        Fun!
                                                                                                                                                                                               busiest day in
                                                                                                                                                                                               the previous
                                                                                                                                                                                               12 months
It’s one of the most important advantages that physical stores can offer over their
hamstrung online-only competitors. It can create some of the most fun, cost-effective and
simplest opportunities to promote customer traffic. And, having only grown in popularity
due to the increasingly exciting variety of deliverable customer experiences, it’s a proven                                                                                                    MARKETING
winner at driving up sales. Yes, it’s the fresh-air and the wide‑open spaces!                                                                                                                  MANAGERS
                                                                                                                                                                                               Our Retail Marketing Managers are here to support our retailers, so
                                                                                                                                                                                               please ensure all marketing correspondence is directed to the appropriate
                                                                                                                                                                                               contact. We look forward to working with each and everyone of you.
We’re talking about taking the shopfront       Participating retailers recorded strong sales     Other stores in the centre also reported        One retailer reported the additional cars
outside, really leveraging the real estate     with one store operator alone reporting           significant rises in sales, with one business   equated to an extra $2,000 per vehicle        Sarah George                              Georgia Kelly                      Jenny Birt                        Donna Godwin                     Jillian Christie
available, and transforming the shopping       a 135% increase on the same period the            reporting a doubling in revenue for the         in sales while another retailer reported      Retail Marketing Manager                  Retail Marketing Manager           Retail Marketing Manager          Retail Marketing Manager         Retail Marketing Manager
experience into a market feel.                 previous year.                                    day, and another reporting a more than          garnering some $750 for every set of wheels   Queensland                                New South Wales                    Victoria                          NSW & SA                         New South Wales
                                                                                                 15% jump.                                       that turned up.                               Logan Super Centre, MacGregor             Castle Hill Super Centre &         Cranbourne Hub, Peninsula Home,   Midland Home, Caringbah Home,    Belrose Super Centre, Tuggerah
Indeed, some of the most popular and hugely    Television ads were used for the first time                                                                                                     Home, Tweed Hub, Jindalee Home,           Marsden Park Home                  Ballarat Home, Shepparton Home    Bankstown Home, Mile End Home    Super Centre, McGraths Hill Home,
successful events that our retailers have      to promote the regular event with customer        “This event is always strong for us and 2017                                                  Sunshine Coast Home                       02 9634 1116                       & Epping Hub                      & Highlands Hub                  Kotara Home & Warners Bay Home
been involved with this year have been our     traffic matching the huge numbers achieved        delivered again with our sales up double!”                                                    07 3209 3656                             gkelly@aventusproperty.com.au      03 5991 4922                                                       02 9847 7002
                                                                                                                                                                                                                                                                                                               02 9542 7344
carpark sales. By re-imagining these areas     in 2016.                                          said another retailer, adding: “Big, big                                                      sgeorge@aventusproperty.com.au                                             jenny@aventusproperty.com.au                                      jillian@aventusproperty.com.au
                                                                                                                                                                                                                                                                                                              donna@aventusproperty.com.au
at Aventus centres, retailers have created a                                                     increase in customer traffic.”
                                               Another such event, also staged annually
fun market place vibe – and the change of
                                               by Mile End Home in South Australia in May,       “Killed it - sales were great,” was the short
scenery has been a hit with the public.
                                               was a huge winner with 80% of the centre’s        and sweet summary from another store
Kotara Home in NSW was among the first of      retailers choosing to participate and creating    operator, with their neighbours’ expressing
the centres to take advantage of the great     a heap of energy throughout the centre.           similar excitement about their gains from
outdoors this year with its now annual Car                                                       the event.
                                               Retailers again reported excellent results.
Park Sale taking place in March.

Once again, part of its sprawling carpark
                                               The sales achieved by one chain outlet store
                                               in the centre launched it to number one in its
                                                                                                 “Excellent awareness [converted into]
                                                                                                 strong sales - many new customers were          Big, big
space was converted into a pop-up              group national rankings for the day. The store    commenting they [hadn’t previously known]
                                                                                                                                                 increase in
                                                                                                                                                                                                                                ED

                                                                                                                                                                                                                                                                     ED
marketplace with retailers trading in the      usually sits around 5th or 6th in Australia for   the brand was at the centre,” said one
                                                                                                                                                                                                                              IN

                                                                                                                                                                                                                                                                  IN
                                                                                                                                                 customer traffic
                                                                                                                                                                                                                           JO

                                                                                                                                                                                                                                                                JO
car park and shoppers snapping up the          daily sales, however a sales spike of between     store operator.
                                                                                                                                                                                                                         ST

wonderful deals and specials on offer.         70-80% saw it top the charts.                                                                                                                                                                                 ST
                                                                                                                                                                                                                      JU

                                                                                                                                                                                                                                                           JU
Issue 6 | August 2017                                                                                                                                                                                         aventus industry magazine   20/21

CLEANING UP                                                                                                                                                                                                    BIG DATA
IN STYLE                                                                                                                                                                                                       BEYOND THE BUZZWORD

Two lucky shoppers, and their families, will be                                                                                                                                                                Every second we create new data. And every day our ability to create, analyse and
going home to beautifully clean and tidy homes                                                                                                                                                                 investigate data is growing. A recent EY report, Big Data: Beyond the Buzzword has
all year after winning 12 months’ worth of free                                                                                                                                                                highlighted the growing relevance of data across all areas of the property sector.
weekly cleaning services courtesy of the Kotara
Home and Mile End Home centres.
                                                                                                                                                                                                                 ABOUT EY
The promotional events – being repeated            reflecting their local community. All images                                                                                                                  EY is a global leader in assurance, tax, transaction and advisory services. The insights
                                                                                                                                                                                                                 and quality services we deliver help build trust and confidence in the capital markets and
at both centres due to the overwhelming            were posted on the centre’s Facebook page,
                                                                                                                                                                                                                 in economies the world over. We develop outstanding leaders who aim to deliver on our
success of the competitions in previous            with the public invited to vote on a winner                                                                                                                   promises to all of our stakeholders. In so doing, we play a critical role in building a better
years – also saw retailers cleaning up by          by ‘liking’ their favourite image. The top ten                                                                                                                working world for our people, for our clients and for our communities.
way of boosted sales figures directly tied to      images were then reproduced and exhibited
                                                                                                                                                                                                                 EY refers to the global organization, and may refer to one or more, of the member firms
the events.                                        in centre on display stands and car park
                                                                                                                                                                                                                 of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young
                                                   banners. The top ten students each took                                                                                                                       Global Limited, a UK company limited by guarantee, does not provide services to clients.
Newcastle based retailers at Kotara Home
                                                   home a voucher donated by centre retailers
were the first to benefit through their event                                                                                                                                                                    For more information about our organization, please visit ey.com.
                                                   Bargain Depot, Regal Sleep Solutions or Red
held in April. Shoppers seeking to win the
                                                   Rooster. The centre received over 33 entries
grand prize needed to have spent $20
                                                   and 859 votes via its Facebook page.
or more in any of the centre’s stores to                                                                                                                                                                       Construction giant Skanska is using big data       While some companies in our industry are
be eligible.                                       Lending a hand                                                                                                                                              to bring people and tools together on job sites.   adept at understanding data, few are good
                                                   And while Cranbourne was busy supporting                                                                                                                    Using sensors to track worker movements,           at translating analytics into measurable
Along with a total of more than 9,000 entries
                                                   the working of budding artists, retailers in                                                                                                                Skanska has optimised the position of tools        results. And ultimately, the value of big data
in this year’s prize draw, the promotion
                                                   Belrose were doing their bit for the fight                                                                                                                  and resources to reduce worker time-in-            must be evaluated on how it achieves better
garnered 3,000 unique email addresses for
                                                   against cancer.                                                                                                                                             motion by one-third – and slash the average        business outcomes.
the customer database. Customer traffic for
the centre was up 29% for the duration of          On May 25th, the centre’s retailers banded                                                                                                                  worker’s daily trudge by 3.2 kilometres a day.
                                                                                                                                                                                                                                                                  The reasons for this are technical, financial
the promotion and dollars raised from entry        together to participate in the Cancer Council                                                                                                               Meanwhile over at Mirvac’s 200 George Street       and cultural. Many companies are
coupon records totalled more than $3.25m.          Australia’s Biggest Morning Tea at Belrose                                                                                                                  in Sydney, sensor technology is tracking a         overwhelmed by the complexity of the task
                                                   Super Centre.                                                                                                                                               dozen indoor environment factors from air          and the costs involved with capturing data.
Come June, it was time for retailers at
Adelaide’s Mile End Home to share in               The annual event helps the Cancer Council                                                                                                                   temperature to humidity, and light to carbon       They are unsure of how to communicate
the wins with the SA event echoing the             fund its vital cancer research, prevention                                                                                                                  dioxide levels. The huge volume of data            the benefits of big data analysis to their
successes at Kotara Home.                          programs, advocacy and support services                                                                                                                     gathered is sent to Mirvac’s ‘Living Lab’ and      stakeholders. They are also confounded by
                                                   for those affected by cancer.                                                                                                                               analysed for patterns. Researchers are using       the complexity of their businesses, which
The promotion had attracted more than 3000                                                                                                                                                                     the data to run controlled experiments, such       makes the task of isolating and measuring
entries with more than a week to run before        With a sea of yellow balloons around the                                                                                                                    as filling a space with plants to address          specific actions taken as a result of big data
the prize draw.                                    centre, provided by Spotlight, tickets in the                                                                                                               carbon dioxide levels.                             analysis a challenging one.
                                                   raffle were very popular. Nathan from Lazy-
Boot-load of bargains                                                                                                                                                                                          And for retailers, the impacts are even more        EY Real Estate Managing Partner, Selina
                                                   Boy donated the largest prize - a chair - and
Keeping with the clean and polished theme,                                                                                                                                                                     obvious with growing use of analytics across        Short says big data has the potential to truly
                                                   Victoria from Focus on Furniture provided
albeit with a slightly different spin, Highlands                                                                                                                                                               building design, customer experience and a          shift the way the industry thinks and creates
                                                   gift vouchers. Many other retailers provided
Hub in Mittagong NSW combined classic                                                                                                                                                                          range of analytic technology within shopping        its future spaces– from building design to
                                                   prizes for the morning.
cars with fun, prizes, entertainment and good                                                                                                                                                                  spaces that predict consumer behaviour.             tenant attraction to consumer behaviour.
food as customers rallied to the centre for a      Morning tea was provided by The Flavour Mill
Show ‘N’ Shine in the carpark.                     Café, Scancelli Café, Subway, Fresh Delights                                                                                                                These are just three examples of how               “The challenge is great, but the opportunity
                                                   and Choice Sushi. Customers were also                                                                                                                       the industry is using big data to deliver           is greater. Creating a culture that embeds
Held in June, the event proved a huge                                                                                                                                                                          better outcomes.                                    analytics into decision-making can answer
                                                   treated to the delights of the Hummingsong
attraction as car lovers travelled from far and                                                                                                                                                                                                                    questions, solve problems and ultimately
                                                   Choir which had everyone tapping their toes                                                                                                                 The term ‘big data’ itself may be a bit of a
wide to get a close look at some gorgeously                                                                                                                                                                                                                        improve the bottom line of a business,”
                                                   and singing along.                                                                                                                                          buzzword, but what it means is harvesting
presented vehicles. And it wasn’t just                                                                                                                                                                                                                             Short said.
tyre kickers, with a resulting 25% spike in        The commitment in Belrose to helping others                                                                                                                 data en masse across multiple sources, and
customer traffic from the event ensuring that      also includes a charity donation fountain                                                                                                                   looking for both patterns and anomalies.           For leaders in the property sector, the biggest
retailers benefited handsomely.                    that has become a beloved feature at centre.                                                                                                                                                                   challenge is to create a culture that embeds
                                                                                                                                                                                                               Connecting and correlating these disparate
                                                   Customers have long been dropping in coins                                                                                                                                                                     analytics into decision-making, and embraces
Along with the vehicle display a local charity                                                                                                                                                                 sources of data can unearth a treasure trove
                                                                                                                                                                                                                                                                  an iterative approach that uses big data to
got involved, staging a BBQ from breakfast
                                                   and making their wishes. While it is hoped
                                                   that all these wishes come true, the coins
                                                                                                             WIN A CLEANER FOR A YEAR                                                                          of insights to drive business efficiencies and
                                                                                                                                                                                                                                                                  answer questions, solve problems and build
through to lunch, while there were also                                                                      SPEND $20 OR MORE IN ANY MILE END HOME STORE TO ENTER                                             reduce costs, analyse risks, optimise current
                                                   are already having a huge impact on the lives                                                                                                                                                                  stronger, more competitive businesses.
raffles, live music, a jumping castle for the
                                                                                                                ENTRIES CLOSE SUNDAY 25 JUNE 2017. TERMS AND CONDITIONS APPLY, SEE ENTRY COUPON FOR DETAILS.
                                                                                                                                                                                                               offerings or develop new ones, and guide
                                                   of some very ill but brave young children.                                                                                                                  smarter strategy.                                  Download EY’s latest whitepaper,
kids and plenty of deals to be had in-store.
                                                   All proceeds from the money fished out of                                                                                                                                                                      Big Data: Beyond the Buzzword:
                                                   fountain is donated to the Bear Cottage                                                                                                                     Big data can influence decision-making
The art of retail                                                                                                                                                                                                                                                 http://www.ey.com/au/en/
                                                                                                                                                                                                               across the entire industry value chain: from
Speaking of showing off works of art, at           children’s hospice.                                                                                                                                                                                            industries/real-estate/ey-big-
                                                                                                                                                                                                               using data to inform design and development
Cranbourne Home, a partnership with local                                                                                                                                                                                                                         data-beyond-the-buzzword
                                                   The recent collection total from one month                                                      mileendhome.com.au
                                                                                                                                                                                                               to managing assets more efficiently, and from
high school Lyndhurst Secondary College                                                                                                                                                                        unpacking the customer journey to delivering
                                                   alone saw a donation of some $1500 to a
brought art to life throughout the centre.                                                                                                                                                                     return on investment
                                                   very worthy cause that is dedicated to caring
Students were invited to design an image                                                                                                                                                                       for stakeholders.
                                                   for children with life limiting conditions.
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