MLC Centre Retail Redevelopment
Luxury retail is one of the bright spots for the retail sector at present with an ever-increasing list of new European entrants into the local market helping to return strong sales in an otherwise flat market.
Work has commenced on site on the retail redevelopment at the MLC Centre with the contractor, Probuild, starting with demolition works on Level 6 and 7. This important development will see a vital upgrade and expansion of the retail facilities including luxury retail on Castlereagh and King Streets which has become the focal area for this level of retail offerings and which is seeing strong sales in an otherwise flat market.
Read the SMH report about the strength of spending at the luxury end of the market.