ISPT Core Fund acquires 50% interest in Kawana Shoppingworld, Buddina QLD
Cbus invests in property through ISPT, which has recently acquired a 50% interest in Kawana Shoppingworld.
Kawana Shoppingworld is located in Buddina on Queensland’s Sunshine Coast, approximately 100km north of the Brisbane CBD.
The centre includes a Big W, Woolworths, Coles and Aldi, 6 mini majors, 131 specialty stores, 16 kiosks and 4 ATMs, and almost 2,000 car spaces.
A major cinema development is underway, due to be completed in December 2018. This comprises an 8 screen Event Cinemas complemented by 1 office, 4 restaurants, a car wash and an additional 82 car spaces.