Shore City Shopping Centre

For the suburban area, see North Shore City.
Shore City Shopping Centre
Shore City Shopping Centre
Lake Road and Como Street facades
Map
General information
TypeRetail Centre
Address52-56 Anzac Street,
Takapuna, Auckland, New Zealand
Coordinates36°47′15″S 174°46′12″E / 36.7876°S 174.7700°E / -36.7876; 174.7700
Current tenantsAnchor Tenants: Farmers, New World supermarket, Les Mills Fitness Centre
OwnerPrecision Group
Technical details
Floor area14,131 m2 (152,100 sq ft)
Website
www.shore-city.co.nz

Shore City Shopping Centre is an enclosed shopping centre in the North Shore suburb of Takapuna, Auckland, New Zealand established in 1974. It was previously owned by Westfield Group and is now owned and managed by Precision Group. The mall is situated near Takapuna Beach.[1][2]

Shopping centre

Spread over an area of 1.26 hectares close to the Auckland CBD,[3] the mall has a gross leasable area of 14,131 m2 (152,100 sq ft).[4] Refurbished in 2010,[1][5] it was sold by Westfield Group in 2012 to Aviva Investors Asia Pacific Property Fund, a part of Aviva, a global insurance company.[4] In 2016 the shopping centre was sold to Precision Group as Aviva was folding up its global property fund and Shore City was one of its last assets. The shopping centre has a total of 73 tenancies.[3]

The shopping mall has a multistorey car park comprising circa 831 bays.[6] The main occupants of the shopping centre are a Farmers department store on Level One and Two, New World supermarket on the ground floor, and Les Mills Fitness Centre.[7][8] The mall is managed by Precision Group.[9]

References

  1. ^ a b Gibson, Anne (29 June 2012). "Westfield sells Auckland's Shore City mall". NZ Herald. ISSN 1170-0777. Retrieved 24 April 2020.
  2. ^ Gibson, Anne (31 May 2016). "North Shore mall sold for $90 million". NZ Herald. ISSN 1170-0777. Retrieved 24 April 2020.
  3. ^ a b "Shore City on North Shore up for grabs". Inside Retail. Archived from the original on 7 May 2017. Retrieved 30 September 2021.
  4. ^ a b Hutching, Chris (2 July 2012). "Westfield sells Shore City mall for $83.5m". NBR. Retrieved 24 April 2020.
  5. ^ Ruehl, Mercedes (21 April 2016). "Precision Group looks to Auckland for next acquisition". Australian Financial Review. Retrieved 24 April 2020.
  6. ^ Harris, Catherine. "Australian rich lister Shaun Bonett reportedly looking at buying Shore City". Stuff. Retrieved 24 April 2020.
  7. ^ "Boutique New World for Takapuna". Supermarket News. 24 May 2019. Retrieved 8 October 2021.
  8. ^ "New Look, New Era for Iconic Shore City". www.channelmag.co.nz. Retrieved 24 April 2020.
  9. ^ "Shore City's Multimillion Dollar Makeover". Channel Magazine. Archived from the original on 3 February 2018. Retrieved 30 September 2021.
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