30 June 2017

Media Release

Stockland is thrilled to confirm the imminent arrival of international fashion brand H&M in Northern and Central Queensland, with stores set to open at Stockland Townsville and Stockland Rockhampton shopping centres.

The renowned fashion retailer will open both stores later this year, continuing their regional expansion across Queensland.

John Schroder, Group Executive and CEO Commercial Property said: “We’re very proud to be the first to bring H&M to Northern and Central Queensland. H&M will complement our retail offer at Townsville and Rockhampton, with an exciting array of apparel and accessories at affordable prices.”

“Securing H&M at these centres is a great example of how we’re investing in new shopping opportunities and experiences that lift the calibre and quality of our retail portfolio.

“We completed redevelopments at both Stockland Townsville, with our co-owner AMP Capital, and Stockland Rockhampton in recent years and we’ll continue to draw the biggest and best brands to maintain our lead as the number one shopping destination in both cities. It’s great to see a global fashion brand investing in regional Queensland and we’re proud to be able to support H&M as they move into this market. We look forward to the grand openings of H&M at both locations later this year.”

The new H&M stores, currently under construction at Stockland Townsville, which is 50 per cent owned by the AMP Capital Shopping Centre Fund, and Stockland Rockhampton, follow the opening of H&M’s Sydney flagship store at Glasshouse on Pitt Street Mall in Sydney, in October 2015. Glasshouse is co-owned by Stockland and Investa Commercial Property Fund.

H&M has 21 stores now open across Australia and more than 5000 stores in 66 countries worldwide.

30 June 2017