St Collins Lane for Sale

In Australia’s deteriorating retail market shop keepers face increased online competition coupled with lowering consumer confidence and willingness and ability to spend. It is into this market that JP Morgan Asset Management is placing its retail centre, St Collins Lane.
 
The property is expected to fetch less than $200 million, after being purchased in 2016 for $247 milion. 

According to Melbourne Cityscope, St Collins Lane is a five-level retail centre with over 60 specialty shops,…