- MA Financial has contracted to purchase the Hyperdome Town Centre shopping centre for $678.7 million – one of Australia’s largest retail property transactions in 2025.
- Attractive acquisition of a large-scale 44-hectare “town centre” site including a shopping centre, homemaker precinct and nine hectares of surplus land in a major South-East Queensland growth corridor.
- $405 million of equity to fund the acquisition has been raised via the Group’s non-institutional investor distribution channels.
- The Group has now executed on a combined $1.2 billion of retail real estate transactions since the successful acquisition of IP Generation in September 2025.
- Following the settlement of Hyperdome, the recently announced acquisition Top Ryde City Shopping Centre and the issuance of the MA Portfolio Credit Notes, MA Financial will have proforma AUM of $14.7 billion.1
MA Financial Group will, via a managed fund, acquire the Hyperdome Town Centre shopping centre complex in Loganholme, Queensland, for $678.7 million, one of the largest retail transactions in 2025 and underlining the firm’s growing footprint in retail real estate assets.
Strategic, large-scale asset in high-growth corridor
The 44-hectare site - around 25 kilometres south of the Brisbane CBD - is one of Queensland’s largest and most strategic retail landholdings. It includes the Hyperdome Shopping Centre, Hyperdome Home Centre, multiple other peripheral properties and approximately nine hectares of surplus land.
The Centre is 98% leased and delivering record trading performance, anchored by non-discretionary retailers Coles, Woolworths and ALDI. The purchase price implies a fully leased yield of approximately 7.25%2.
The deal takes MA Financial’s total retail real estate transactions to a combined $1.2 billion since acquiring IP Generation in September 2025.
Strong investor demand underscores fundraising strength
The asset will be held in a single-asset high net worth syndicate fund that has closed early and is fully subscribed with $405 million of equity, highlighting the strength of MA Financial’s distribution network.
The fund will target an average 9% distribution yield and total returns of 16-18% per annum over its forecast five-year term.
Chris Lock, Head of Core Real Estate at MA Financial, said the transaction reinforces the firm’s growing presence in large-scale retail real estate and showcases its fully integrated real estate platform:
“We are very excited to secure Hyperdome Town Centre, which is one of Queensland’s largest and most strategic retail landholdings and the focal point of its local community. This exceptionally rare acquisition builds on our recently announced acquisition of Top Ryde City Shopping Centre, alongside Keppel REIT, and underlines the strength of MA Financial’s fully integrated real estate platform across investment, distribution and operating capabilities.”
Active management and integrated real estate platform
MA Financial will take responsibility for the management of the Centre – including property and development management – highlighting the depth and breadth of the Group’s integrated real estate capability. Given their 29-year history with the asset, MA Financial has also retained QIC for certain roles to assist in managing the asset.
The acquisition is anticipated to settle in December 2025.
- Based on $13.3 billion of Assets under Management (AUM) at 30 September 2025 plus $525 million AUM for Top Ryde City Shopping Centre and $679 million AUM for Hyperdome Town Centre and $230 million issuance for MA Portfolio Credit Notes. These three transactions remain subject to settlement, which is anticipated to occur in 4Q25.
- On Hyperdome Shopping Centre only.
