eKourier April 2014

PROPERTY

Expansions Far and Wide Underway

Pymble

Macquarie Park Box Shop

Mittagong - DA Approved DA is approved and we have moved onto Tendering. As per Warrawong we look to open this new centre this year. This will provide us with 3 fantastic new centres in the Illawarra/ Southern Highlands regions. Warrawong - DA with Council DA is almost approved and we have started preparing for the Tender process so we can hopefully open Stage 1 by the end of this year. Wollongong - Stage 3 design ready for Council Stage 2 by GWH was completed right on time and we have formalised our Stage 3 design ready to lodge a DA with Council. Pymble - DA Approved DA is now approved with the internal strip out approximately 75%. We have four builders pricing the Stage 1 fit out and preliminary advice from our engineer says we can add 2 stories to the existing structure. Maroochydore and Kunda Park - Expansion possibilities These newly acquired centres will receive refurbished retail offices and we will also look at the expansion possibilities of each of these centres. Yeerongpilly - Tender assigned for Stage 2 Local Builder Scott Harris Constructions has won the Tender

to build Stage 2, work is expected to finish before the end of the year Macquarie Park - Autumn completion The self-storage fitout component is complete with the finishing touches to the retail space & shop front underway. The landscaping will start shortly as we start to fit out THQ upstairs. Wellington - Branding underway This newly acquired centre has undergone an external branding makeover and we are now looking at reconfiguring some of the existing unit layouts to improve the variety on offer. We will also start looking at expanding the rear portion After a recent trip to NZ we have decided to complete the fit out of the basement. Pricing is underway and work should be completed in a couple of months. Chatswood - Expansion progressing well The expansion project is running nicely to time with the driveways, roof and first floor complete, just need the external walls to be installed and some internal fit out. (Main picture above) For regular updates please follow me on Yammer and Twitter. Michael Macheledt Development & Construction Manager of the site which has three more levels to fit out. Mt Eden - Basement fitout to be completed

12 Kennards Kourier April 2014