AMP Capital announces H&M as part of Karrinyup Shopping Centre development

July 22, 2019

AMP Capital is pleased to announce internationally-renowned fashion retailer H&M, Hennes & Mauritz AB (H&M), will open as part of the new-look Karrinyup Shopping Centre.

The $800 million development, which AMP Capital is managing on behalf of owner UniSuper, commenced in November last year and will see the centre almost double in size, growing from 59,874 square metres to 109,000 square metres.

H&M will be one of the key tenants anchoring the significant development, which will offer approximately 290 specialty stores upon completion, including high-quality local, national and international fashion retailers, an extensive food and beverage offering, new Coles and ALDI supermarkets and a state-of-the-art 10 screen HOYTS cinema.

Known for providing fashion and quality at the best price in a sustainable way, H&M is scheduled to open the first section of the highly anticipated new fashion mall in late 2019.

Located on the northern side of the new-look centre, the new fashion mall, which is set to open in full in late 2020, will deliver a unique, forward-thinking mix of new and existing retailers to create a sophisticated and inspirational retail experience.

AMP Capital’s Divisional Development Manager – WA, Scott Nugent, said he is proud to be welcoming the internationally-renowned retailer and cementing Karrinyup Shopping Centre as one of Perth’s leading fashion destinations.

“Offering a premium fashion experience is a key focus of the new-look Karrinyup Shopping Centre, so securing H&M is an exciting step in growing our already strong stable of retailers.

“AMP Capital has a long-standing relationship with this iconic brand nationally, so we’re looking forward to building on this and delivering a unique retail experience to the wider Karrinyup area,” said Mr Nugent.

Thomas Coellner, Country Manager for H&M Australia, said they’re looking forward to building their presence in Western Australia by delivering another stand-out fashion destination.

“We are very excited to be opening a store in Karrinyup and to offer our customers another incredible fashion destination in Perth,” said Mr Coellner.

H&M entered the Western Australian market in 2015 and currently has four stores across the state. Through its stores, H&M offers a broad product range including the latest trends and inspiration for customers to create their own personal style.

H&M is expected to open in late 2019, with the entire development of Karrinyup Shopping Centre on target to be complete at the end of 2021.

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