In April 2025, Iris Capital, a development and hospitality group led by Sam Arnaout, contracted to acquire St. Ives Shopping Village for approximately $450 million from E K Nominees Pty Ltd. The acquisition includes the 17,475-square-meter centre and 12 nearby properties, marking a shift toward developing a mixed-use project.
Arnaout, a former panel beater from Sydney's west, has amassed a multibillion-dollar portfolio of gambling dens, pubs, motels, apartments and casinos through his company Iris Capital.
Midland Gate, the dominant regional shopping centre in Perth's fast-growing north-eastern metropolitan corridor, has been acquired for $465 million by Melbourne-based fund manager Fawkner Property together with PAG.
Focus on Better Business - St Ives Shopping Village
Who owns Lowy Family Group?
The Lowy Family Group, the private company of Sir Frank Lowy and his sons David, Peter and Steven, has injected $75M as the cornerstone investor from new fund manager Assembly Funds Management.
Nick Andrianakos is the founder and Chairman of Andrianakos Property Group, Nikos Property Group, Milemaker Petroleum and all associated entities. Nick founded Milemaker Petroleum, maintaining a highly successful relationship with Caltex Australia as its largest independent fuel-reseller in Australia.
Who are the wealthy families behind Australia's biggest shopping Centres revealed?
Pauline and John Gandel. Business tycoon John Gandel grew Chadstone Shopping Centre into Australia's biggest shopping mall, and also has major stakes in property companies like Vicinity Centres and Charter Hall.
Iris Capital owner Sam Arnaout, a former panel beater turned billionaire, bought the St Ives Shopping Centre and 12 adjoining retail sites on Sydney's upper north shore for $450 million in April, in what was billed as the largest “neighbourhood” shopping centre sale in Australian history.
The Dunne family own and control €1.78 billion making them one of the richest families in Ireland. Frank Dunne is the 19th richest person in Ireland with €445 million.
Five years later KBC Bank bought a 75% share in the business and 30 years later it was renamed KBC Bank Ireland. In April 2021, the bank announced that it intended to exit the Irish market citing the challenging operational environment for European banks.
📊 From an FBI raid to becoming the world's youngest self-made billionaire at 27 — Shayne Coplan built Polymarket into a $1B+ prediction-market giant despite the company never making a profit.
How deep is the water under the Sydney Harbour Bridge?
"The water depth under the Sydney Harbour Bridge varies, with the main shipping channel generally 16 meters deep, though there's a significant 45- meter deep hole just west of the bridge, while the tunnel below is 25 meters deep ; the average depth in the harbour is around 13 meters."
The Chimes was used to film scenes for the Channel 4 television comedy The Inbetweeners, offering itself as a shooting location on just three days' notice after another shopping centre withdrew.
The Scentre Group executive team is headed by Elliott Rusanow as Chief Executive Officer and draws on deep expertise from within Scentre Group and the former Westfield Group as well as diverse experience from other organisations and sectors.
$100,000/year is above an average salary and if you're frugal enough, on $100,000/year, you should be able to live a good life and save some money too. Usually if you consider living in desirable locations of cities like Melbourne and Sydney, most of your income will be consumed in the house rents.
Cycling in Australia would not be the same and not as globally successful without Ryan's continued financial support and business acumen. He was listed 199th in the 2023 list of the 200 richest people in Australia, with a net worth reportedly A$693 million ($460 million).
EnergyAustralia. Despite the name, this company is wholly owned by CLP Group, a Hong Kong-based energy conglomerate. It was formerly a state-owned entity before being sold to TruEnergy (now EnergyAustralia) in 2011.
Greek-Australian identity Nick Andrianakos dies after heart attack, aged 81. Tributes are flowing for a “true giant” of Melbourne's Greek community after the petrol king's unexpected death overseas. Greek-Australian billionaire Nick Andrianakos died after he suffered a heart attack in Greece on Sunday.
