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14 December 2015
Kiwi Property today announced that international fashion giant, Zara, will open its first New Zealand store at Sylvia Park, Auckland’s largest shopping centre, in late 2016.
Chief Executive, Chris Gudgeon, said: “The excitement is building for our Sylvia Park shoppers. Zara is known the world over as a leading fashion giant, with more than 2,000 stores in 88 countries. To have secured their first New Zealand store at Sylvia Park is great news for our customers.
“We are firm believers in investing in Auckland’s growth, and bringing Zara to Sylvia Park is part of our plan to create a truly world-class retail offer in an increasingly world-class city.
“Almost a decade ago when Sylvia Park opened, few could imagine that Kiwi Property would turn a brown-field site next to a motorway into New Zealand’s best shopping centre. Sylvia Park is today Auckland’s premier retail destination, with more than 12 million shoppers coming through our flagship shopping centre every year,” Mr Gudgeon said.
Kiwi Property will invest $11.5 million to accommodate Zara in a new ground level store located in the mid-mall area of the shopping centre.
Earlier this year, Kiwi Property, which owns six shopping malls and two large format retail centres1 across New Zealand, announced a potential expansion of Sylvia Park in response to the waiting list of retailers seeking stores. A range of options are currently under consideration, including the addition of further international retailers, more specialty retail stores, department stores and additional customer parking.
In October, Kiwi Property announced that H&M would also open its first New Zealand store at Sylvia Park in late 2016.