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40:
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in 2007 found that in all three DFO-owned centres, most shops carried at least some full-price, current-season stock, available at normal shopping centres. By 2008 five legal challenges to DFO developments have been made by competing retail developers and the
Shopping Centre Council of Australia, all
257:
as advisers, with the entire group facing receivership. Negotiations continued until a deal was struck on 19 August, the four banks extending their funding to allow the South Wharf development to be completed. The ten DFO shopping complexes were then sold off separately to repay the $ 1 billion owed
205:
has planning control over the land, meaning state planning legislation can be bypassed by developers. In addition the property developer is able to exploit the cost difference between retail and industrial rents, gives outlet centre operators a distinct advantage over traditional shopping centres. A
240:
450 million they are owed. The South Wharf centre was under an A$ 500 million debt, with work on completing the centre stopped after workers placed bans over non-payment. Parent company
Austexx was understood to have had total debts of A$ 1.2 billion, with the four relatively successful DFO sites
414:. The shopping centre opened on 3 October 2018 with 113 retail outlets and 1,500 parking bays. Vicinity has a 50% shareholding with the remainder owned by Perth Airport Development Group Investments. It has 111 tenants on 23,729 square metres (255,420 sq ft) of GLA. It opened in 2018.
398:. In 1997 the centre was purchased by the Austexx Group as the group's first DFO shopping centre. The centre had approximately 45 stores on 8,000 square metres (86,000 sq ft). Since opening, the centre has expanded to 24,715 square metres (266,030 sq ft).
382:. It was constructed in 2007, and was sold by Austexx Group to Chin Yin in 2016 to be managed by Geon Property. It is one of two DFO centres that Vicinity Centres has no ownership in, the other being Carins. It underwent a major refurbishment from 2019 through 2021.
616:
471:. All five people aboard the flight were killed. As the shopping centre had not opened yet, only staff were at the centre, all of whom were accounted for. The incident was the worst aviation accident in
322:, It opened in 2005. As of December 2021, it has 144 tenants on 26,020 square metres (280,100 sq ft) of gross lettable area (GLA). It was acquired by Vicinity Centres in May 2016.
426:, about 2 kilometres (1.2 mi) south-west of the Melbourne central business district. It opened in 2009. In April 2019, Vicinity Centres became the sole shareholder after buying out the
824:
1041:
442:, approximately 16 kilometres (9.9 mi) north-east of the Melbourne central business district. It opened in 2008. Vicinity has a 50% shareholding with the remainder owned by
394:, about 20 kilometres (12 mi) south-east of the Melbourne central business district. Originally Fairways Leisure Market, the centre opened in 1994 on land adjacent to
646:
522:
850:
735:
454:
339:
187:
765:
624:
306:
As of
December 2021, there were eight centres located in four states. Vicinity Centres have a 50% shareholding in two of centres, and 100% in another five.
1469:
708:
679:
1108:
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with all five people aboard killed. As the crash occurred before the centre opened for the day, only staff were present, all of whom were accounted for.
1479:
1015:
1474:
503:
910:
783:
750:
198:. Valued at A$ 1.5 billion, in early 2010 the business was put up for sale with a number of retail investment funds expressing interest.
335:
586:
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319:
880:
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367:
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411:
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buildings containing partitioned stores where retail outlets sell excess or previous seasons' stocks at reduced prices.
507:
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DFO centres have traditionally been located around airports: a side effect of the
Airports Act of 1996, the
1378:
484:
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used as cross-collateral for bank-funded expansion into five other less successful locations including
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1209:
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229:
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825:
Essendon crash: Five killed as plane plunges into shopping centre near
Melbourne's Essendon Airport
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903:"DFO Jindalee Stage 2 Completed with 60 Retailers, New Cinema and Fresh Markets"
423:
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713:
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founders David
Goldberger and David Wieland. The first centre was opened at
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87:
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in 1994. Other shareholders were property developer Geoff Porz and former
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651:
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Merger of Novion
Property Group and Federation Centres implemented
293:
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784:
Vicinity acquires strong performing Outlet Centre DFO Brisbane
170:
have full or partial ownership of seven of the eight stores.
282:
when it merged with CFS Retail. Vicinity would acquire the
1062:
1016:"Perth's new DFO: What you need to know about opening day"
131:
334:, approximately 11 kilometres (6.8 mi) north of the
410:, approximately 12 kilometres (7.5 mi) east of the
253:. The group of banks appointed insolvency specialists
1042:
Vicinity takes control of DFO with $ 141 million deal
934:"Ownership of 1.5 Billion DFO Retail Chain to Change"
766:
Federation reborn as
Vicinity with new chief in place
617:"Factory outlet centres go from strength to strength"
523:"Ownership of 1.5 Billion DFO Retail Chain to Change"
338:. It opened in October 2005. On 21 February 2017, an
587:"DFO sale signals trusts are finally turning corner"
318:
about 13 kilometres (8.1 mi) north-east of the
162:
shopping centres in
Australia. They are large-floor
1416:
1393:
1351:
1322:
1287:
1190:
1124:
843:"Brisbane's DFO Jindalee bagged for $ 46.6 million"
709:"Melbourne DFO faces receivership with $ 500m debt"
126:
114:
104:
94:
82:
72:
64:
54:
46:
378:DFO Jindalee is located in the Brisbane suburb of
366:, about 14 kilometres (8.7 mi) west of the
188:Australian Competition & Consumer Commission
680:"Last-ditch effort to save DFO shopping empire"
455:2017 Essendon Airport Beechcraft King Air crash
1102:
178:Direct Factory Outlet was founded in 1997 by
8:
813:Direct Portfolio Property Book December 2021
808:
806:
804:
802:
800:
798:
796:
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792:
655:. Melbourne. 31 October 2007. Archived from
32:
779:
777:
330:DFO Essendon is in the Melbourne suburb of
236:demanding repayment within 24 hours of the
1109:
1095:
1087:
1067:
467:crashed shortly after takeoff from nearby
350:crashed shortly after takeoff from nearby
141:
38:
31:
550:
548:
960:"Centres feel left out of discount boom"
611:
609:
463:on a passenger charter flight bound for
346:on a passenger charter flight bound for
496:
459:Just before 9am on 21 February 2017, a
33:Direct Factory Outlet Australia Pty Ltd
1014:Paddenburg, Trevor (2 October 2018).
27:Operator of outlet malls in Australia
7:
1470:Retail companies established in 1997
232:, issued a notice to parent company
987:"Direct Factory Outlet (DFO Perth)"
707:Dunlevy, Maurice (17 August 2010).
336:Melbourne central business district
932:Pallisco, Marc (9 February 2010).
913:from the original on 18 March 2022
883:from the original on 4 August 2021
678:Gluyas, Richard (18 August 2010).
585:Cummins, Carolyn (26 April 2010).
521:Pallisco, Marc (9 February 2010).
320:Brisbane central business district
274:centres and a 50% shareholding in
25:
853:from the original on 11 July 2023
736:CFS Retail raises $ 540m for DFOs
340:aeroplane crashed into the centre
258:to the banks. In September 2010,
1480:1997 establishments in Australia
1075:
368:Sydney central business district
623:. 21 April 2008. Archived from
412:Perth central business district
275:
422:DFO South Wharf is located in
271:
1:
1475:Retail companies of Australia
958:Khadem, Nassim (2 May 2004).
847:Property Council of Australia
283:
267:
263:
216:On 16 August 2010, lead bank
786:Vicinity Centres 23 May 2016
769:Australian Financial Review
739:Australian Financial Review
560:"DFO carve-up to pay banks"
508:Australian Financial Review
449:Essendon Centre plane crash
362:DFO Homebush is located in
314:DFO Brisbane is located at
1496:
566:. Melbourne: Fairfax Media
452:
1465:Outlet malls in Australia
461:Beechcraft Super King Air
406:DFO Perth is situated at
344:Beechcraft Super King Air
37:
1434:Lidcombe Shopping Centre
647:"Direct factory outrage"
1157:Queen Victoria Building
938:realestatesource.com.au
527:realestatesource.com.au
226:National Australia Bank
1379:Livingston Marketplace
1045:Commercial Real Estate
485:The District Docklands
303:
1084:at Wikimedia Commons
1082:Direct Factory Outlet
688:. News Corp Australia
592:Sydney Morning Herald
465:King Island, Tasmania
370:. It opened in 2002.
348:King Island, Tasmania
297:
278:. All four passed to
152:Direct Factory Outlet
1266:Sunshine Marketplace
1210:Broadmeadows Central
504:Battle of the titans
390:DFO Moorabbin is in
286:centre in May 2016.
230:Lloyds Banking Group
213:being unsuccessful.
438:DFO Uni Hill is in
96:Number of locations
34:
1373:Lakeside Joondalup
1254:Myer Bourke Street
1248:Emporium Melbourne
659:on 28 October 2007
627:on 8 December 2009
558:(22 August 2010).
556:Bachelard, Michael
304:
203:Federal Government
1452:
1451:
1424:Forest Hill Chase
1384:Rockingham Centre
1353:Western Australia
1181:Warriewood Square
1140:Carlingford Court
1134:Bankstown Central
1080:Media related to
741:24 September 2010
396:Moorabbin Airport
184:Moorabbin Airport
149:
148:
16:(Redirected from
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1278:Victoria Gardens
1205:Box Hill Central
1118:Vicinity Centres
1111:
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1066:
1065:
1063:Official website
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849:. 8 March 2022.
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832:22 February 2017
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815:Vicinity Centres
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621:Inside Retailing
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529:. Archived from
518:
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511:2 September 2004
501:
469:Essendon Airport
352:Essendon Airport
316:Brisbane Airport
300:Brisbane Airport
298:DFO Brisbane at
280:Vicinity Centres
168:Vicinity Centres
158:) is a brand of
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121:Vicinity Centres
76:David Goldberger
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35:
21:
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1444:Paradise Centre
1412:
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1324:South Australia
1318:
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1237:DFO South Wharf
1221:Cranbourne Park
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1146:Chatswood Chase
1126:New South Wales
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907:Centenary Today
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771:28 October 2015
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533:on 3 March 2011
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444:MAB Corporation
436:
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332:Essendon Fields
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59:Factory outlets
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1055:External links
1053:
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992:Georgiou Group
978:
950:
924:
894:
873:"DFO Jindalee"
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685:The Australian
670:
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475:for 30 years.
453:Main article:
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222:St George Bank
218:Suncorp-Metway
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160:factory outlet
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1232:DFO Moorabbin
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1175:Strand Arcade
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1047:16 April 2019
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877:Geon Property
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428:Plenary Group
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408:Perth Airport
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262:acquired the
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220:, along with
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192:Graeme Samuel
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100:8 (2021)
99:
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78:David Wieland
75:
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49:
45:
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36:
30:
19:
1439:Midland Gate
1429:Karingal Hub
1332:Castle Plaza
1302:Harbour Town
1297:DFO Brisbane
1242:DFO Uni Hill
1227:DFO Essendon
1169:The Galeries
1152:DFO Homebush
1074:
1044:
1037:
1025:. Retrieved
1019:
1009:
997:. Retrieved
990:
981:
969:. Retrieved
963:
953:
941:. Retrieved
937:
927:
915:. Retrieved
906:
897:
885:. Retrieved
876:
867:
855:. Retrieved
846:
837:
827:
820:
768:
761:
756:11 June 2015
746:
738:
731:
719:. Retrieved
717:. Herald Sun
712:
702:
690:. Retrieved
683:
673:
661:. Retrieved
657:the original
650:
641:
629:. Retrieved
625:the original
620:
596:. Retrieved
590:
580:
568:. Retrieved
563:
535:. Retrieved
531:the original
526:
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405:
389:
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361:
329:
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305:
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155:
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83:Headquarters
47:Company type
29:
1314:QueensPlaza
1308:Myer Centre
857:10 December
424:South Wharf
418:South Wharf
255:KordaMentha
196:blind trust
180:Liberty Oil
106:Area served
1459:Categories
1337:Colonnades
1289:Queensland
971:29 October
714:Herald Sun
491:References
392:Cheltenham
276:South Bank
260:CFS Retail
206:survey by
194:through a
50:Subsidiary
1408:Northgate
1403:Eastlands
1361:DFO Perth
1343:Elizabeth
1260:Northland
1215:Chadstone
1163:Roselands
721:18 August
692:18 August
386:Moorabbin
290:Locations
272:Moorabbin
268:Homesbush
164:warehouse
110:Australia
88:Australia
1395:Tasmania
1367:Galleria
1272:The Glen
1192:Victoria
1027:15 March
1021:PerthNow
999:15 March
911:Archived
881:Archived
851:Archived
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995:. 2022
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754:Novion
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251:Hobart
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190:chief
116:Parent
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402:Perth
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1001:2022
973:2012
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859:2022
723:2010
694:2010
665:2010
633:2010
600:2010
572:2022
539:2010
342:. A
270:and
249:and
228:and
136:.com
134:.dfo
68:1997
238:A$
156:DFO
138:.au
132:www
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