Meridian City Mall — Partial Stake

About this business

Meridian City Mall is a neighbourhood retail property that opened within the last year, currently leasing to a small base of anchor and specialty tenants. The stake on offer funds acquisition of additional anchor tenants and common-area and parking upgrades to lift footfall. The promoter retains operational control and is offering a minority stake to a partner who can accelerate leasing.

Key highlights

• Recently opened neighbourhood retail property with room to expand tenant mix
• Capital raised funds anchor-tenant acquisition and common-area upgrades
• Promoter retains operational control; minority stake on offer