Panthera Group announces that it will be selling its pioneering retail development precinct, The Lanes Retail Resort. This sets the stage for a visionary buyer, on either an international or local scale, to deliver a bespoke retail resort that is unique to the market. Leveraging Panthera Group’s unrivaled expertise in development and delivery experience, The Lanes Retail Resort stands as a prime example of a meticulously planned ‘shovel ready’ development project opportunity.

Panthera Group, purchased ‘The Lanes’ from Sunland Group in 2022 and is set to become the latest retail development precinct in the Gold Coast suburb of Mermaid Waters. "Our team has curated every aspect of our unprecedented retail resort development, including concept and detailed design, value management, value engineering, and transformative customer experiences that will exceed expectations and deliver outstanding returns. We are currently receiving sophisticated buyer offers alongside assisting in project delivery,” said Mario Evangelo, Principal at Panthera Group.

“We are pleased to appoint Nick Willis, Sydney-based, senior director and leading real estate agent from JLL, and Jacob Swan, Senior Director of sales for JLL based in Brisbane, Australia's largest commercial property services firm, as our agents for this highly sought-after opportunity. Our development presents an incredible opportunity for both local and overseas investors who are seeking to be a part of an extraordinary lifestyle and leisure destination - the first retail resort of its kind, that will redefine and elevate the retail and community experience on the Gold Coast,” added Mario Evangelo, Principal at Panthera Group.

"Panthera Group, renowned for their expertise in development and master planning precincts will have an instrumental role to spearhead the seamless delivery management of The Lanes Retail Resort. This revolutionary development project will enrich both the retail and community experience in our city for future generations, offering an incredible platform for entrepreneurs and investors alike to establish an iconic landmark development within the industry. This is a rare opportunity to shape a truly bespoke destination in the heart of Mermaid Waters, capturing the essence of the local market’s lifestyle, leisure, innovation and sustainability aspirations,” said Azra Kujovic, spokesperson, and General Manager of Public Relations for Panthera Group. 

“Panthera Group extends its sincere gratitude to the Gold Coast community for its unwavering support throughout this journey. Together, we are poised to redefine the city's retail landscape and establish The Lanes Retail Resort as an iconic lifestyle and leisure destination that promises to set an unparalleled benchmark of retail excellence in our city, under new ownership. The best is yet to come for Gold Coast retail experience,” added Azra Kujovic, spokesperson, and General Manager of Public Relations for Panthera Group.

Nick Willis commented on the rarity of the offering, “Rarely in Australia are investors or developers provided an opportunity to invest in a project that will set the standard going forward for precinct retailing and in a market that is supported by such strong growth fundamentals. Typically, precincts like this require patient and generational site amalgamation and development - The Lanes provides the incoming owner an opportunity to deliver a project of scale and critical mass that will support the entire precinct. The interest and commitment from tenants to date is a testament to the quality of the project, which includes traditional retail, medical and wellness.”  

Mr. Willis added, “Given the current uncertainty in the market, investors are looking for opportunities that will deliver enhanced returns. The Lanes provides that opportunity given the early phase entry point on this development.”

“The Gold Coast is one of the few cities in Australia that has international appeal with developers and investors alike vying for high-profile real-estate that has become increasingly scarce. The Lanes Retail Resort is the last retail development site of scale available on the Gold Coast – an irreplaceable opportunity to develop a world-class retail destination,” added Mr. Swan. 

“With a number of key infrastructure projects proposed or underway to drive accessibility and population growth on the Gold Coast, The Lanes Retail Resort will be the next Gold Coast icon to service the exponential demand,” stated Ned Mckendry, Senior Executive at JLL.