Spotlight Property Group
Spotlight Property Group (SPG), manages Spotlight Group Holdings’ portfolio of direct property holdings and leases across Australia and New Zealand as well as the growing store network in South East Asia.
The independent management team comprises of 20 members with extensive knowledge of asset management, sales, leasing, financial reporting and development management. In addition to this, SPG maintains a strong network with other major Australian retailers such as Harvey Norman and Freedom Furniture and industry groups including the Large Format Retail Association.
SPG is responsible for new site identification for both Spotlight and Anaconda, as well as the planning, leasing, maintenance and renovation of the existing portfolio, and acquisitions and divestments.
The SPG portfolio covers approximately a quarter of a million square metres of space and over 200 individual tenancies. Major tenants include Woolworths, Aldi, Dan Murphys and Australia Post. The property group is constantly exploring new and innovative energy efficient and sustainable construction methods and operations and always looks to like-minded retailers as tenants.
The company’s modern property development philosophy is simple – purchase and develop properties where possible, thereby enabling total control of the positioning, layout, and look. Often once completed, and after the tenants are established, many of these developments are eventually sold to third party investors.
This provides the means to fund further development and growth, while still ensuring that the existing stores have long term, guaranteed leases.
Most recently SPG has unveiled a development at 402 Chapel Street, South Yarra bringing Starwood Hotel Group’s Aloft Hotel to Melbourne.
Phone: +61 (0) 3 9675 4000