The GPT Wholesale Shopping Centre Fund (GWSCF) provides investors with exposure to a high quality portfolio of dominant Super Regional and Regional shopping centres located in strong metropolitan growth corridors across Australia.

Launched in March 2007, GWSCF has been actively repositioned and curated to enhance portfolio quality, scale and income resilience. The Fund focuses on dominant retail assets with strong trade area demographics, high occupancy and diversified income streams, underpinned by active asset management and disciplined capital allocation.

As at 31 March 2026, GWSCF held interests in five retail assets with a Gross Asset Value of approximately $3.7 billion.
The portfolio is characterised by:

100% exposure to prime Super Regional and Regional shopping centres
High portfolio occupancy of 98.9% of GLA
A WALE of 4.1 years by income
Positive leasing spreads and strong specialty sales productivity
100% of assets certified carbon neutral

The Fund is supported by a clear value creation strategy, encompassing active leasing and remixing, targeted development initiatives including the expansion of Rouse Hill Town Centre and the repositioning of Parkmore Shopping Centre, and disciplined deployment of capital into accretive opportunities.

GWSCF benefits from GPT's vertically integrated retail platform, including in-house leasing, development, research, capital management and sustainability expertise across a $16.6 billion national retail portfolio. GPT holds a 33.2% co-investment in the Fund, ensuring strong alignment of interests with investors.

The Fund's strategy is focused on delivering sustainable income growth, enhancing portfolio quality and increasing scale, with the objective of long-term outperformance through active management and disciplined investment.

Highpoint Shopping Centre

Location: Maribyrnong , VIC

Highpoint Shopping Centre is one of Victoria's premier Super Regional shopping centres, located in Maribyrnong in Melbourne's inner west.

With a GLA of 149,530 sqm across 424 tenancies, the centre offers a comprehensive retail mix anchored by Myer, David Jones, Big W, Kmart, Woolworths, Coles and Hoyts.

A fresh food precinct refurbishment completed in 2024 has further enhanced the centre's amenity and customer offer.

Ownership: 75% (co-owned with GPT 25%)
Asset quality: Super Regional
Total GLA: 149,530 sqm
Number of tenancies: 424

A 30-year Masterplan to transform Highpoint from a shopping centre to a vibrant urban mixed-use village has been approved by Council.

Macarthur Square

Location: Campbelltown, NSW

Macarthur Square is a dominant Super Regional shopping centre in Campbelltown, serving as the retail hub for the rapidly growing South West Sydney catchment.

Spanning 107,815 sqm across 318 tenancies, the centre is anchored by David Jones, Big W, Event Cinemas, Coles, Woolworths, Aldi and Target.

GPT took over management of the centre in May 2025 and is progressing a retail masterplan to further protect and enhance long-term returns.

Ownership: 50% (co-owned with Australian Prime Property Fund Retail)
Asset quality: Super Regional
Total GLA: 107,815 sqm
Number of tenancies: 318

Rouse Hill Town Centre

Location: Sydney, NSW
Rouse Hill Town Centre is a thriving Regional shopping centre serving the high-growth Hills District of north-west Sydney.

The centre is currently undergoing a $200 million (100% interest) expansion to add 10,600 sqm of new retail space, introducing approximately 44 new shops, a Town Green public plaza and additional car parking.

Structural completion was achieved in Q1 2026, with 85% of new tenancies secured and targeted completion in October 2026.

Ownership: 50% (co-owned with GPT)
Asset quality: Regional
Total GLA: 69,144 sqm (current)
Number of tenancies: 247

Chirnside Park

Location: Chirnside, VIC

Chirnside Park is a high-performing Regional shopping centre in Melbourne's outer eastern suburbs, ranked as a top three asset in Victoria in its class (SCN Little Guns 2025).

Mall and entry upgrades were completed in 2025, refreshing the centre's customer experience.

Masterplanning is underway for an eastern expansion to introduce additional mini-majors and specialty stores.

Ownership: 100%
Asset quality: Regional
Total GLA: 38,820 sqm
Number of tenancies: 111

Parkmore Shopping Centre

Location: Melbourne, VIC

Parkmore Shopping Centre is a well-established Regional shopping centre in Keysborough in Melbourne's south-east.

The centre is currently undergoing a $20 million repositioning project, replacing the former Big W space with an Aldi supermarket, Rebel Sport and an international apparel mini-major.

Works are well progressed, with new tenants expected to open by Q4 2026.

Ownership: 100%
Asset quality: Regional
Total GLA: 35,004 sqm
Number of tenancies: 125

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