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Fawkner Property has settled its $895 million acquisition of New South Wales’ Erina Fair shopping centre, a deal that represents the largest ever 100 per cent trade of an Australian shopping centre.

The businessman bringing Australia Day back to shopping centres has shattered records with his $895 million Erina Fair acquisition, defying retail property skeptics.

Private investors have poured nearly $50 million into fast food, childcare, and medical assets at a Sydney auction, underscoring strong demand for recession resilient retail investments, including the sale by Fawkner Property of a McDonald’s ground lease in Cairns.

The largest shopping centre sale in 15 years is set to reshape Australia's retail landscape as Fawkner Property emerges to challenge traditional institutional owners.

Lendlease has agreed to sell the $900 million Erina Fair shopping centre on the NSW Central Coast to Fawkner Property, marking one of Australia’s largest standalone retail transactions and highlighting the continued strength and recovery of the retail property sector.

Boutique property syndicators and fund managers, including Fawkner Property, are increasingly investing in regional Australian retail and commercial assets to capture higher income yields of up to 8 per cent, driven by strong tenants, growing regional populations, and attractive entry pricing.