JLL is pleased to present for sale a 100% interest in Glenfield Mall, a Regional Shopping Centre located on Auckland’s affluent North Shore just 8km from the CBD. Glenfield Mall is the dominant shopping centre and community hub across the vast catchment spanning some 250,000 people in the total trade area.

Investment highlights:

• Dominant – spanning 30,538 sqm of lettable area and underpinned by a blue-chip anchor profile including

• Woolworths, Farmers, The Warehouse, Briscoes, Chemist Warehouse and Toyworld.¹

• Growth – Total Centre MAT above $171 million with foot traffic growing at 2.1% pa since December 2022.¹

• Convenient – highly accessible 4.5ha town centre holding supported by 1,497 car bays. The Centre has a highly defensive income profile with 75% of specialties weighted toward everyday needs.³

• Performance – backed by strong specialty performance with productivity exceeding $10,750/sqm and occupancy costs of just 9.4%.¹

• Rental upside – specialty productivity sits above comparable Auckland basket of centres, whilst average specialty rents sit 43% below this same basket.³

• Affluent, undersupplied catchment — household incomes 27% above New Zealand average and retail floor space per capita 19% below Auckland averages – providing fortress fundamentals.²,³

• Compelling NZ tax framework — no stamp duty, no capital gains tax, no land tax.

• Estimated fully let net income of $11.2 million.¹

For sale via International Expressions of Interest, closing 2:00pm (AEST) / 4:00pm (NZST), Thursday 21 May 2026. For more information, contact the exclusive selling agents at JLL.

Footnotes

1 Campaign financial pack & vendor information, subject to change during campaign.

2 Urbis

3 JLL calculations & research