INTERNATIONAL fashion retailer Zara has finally found a home in Brisbane and on the Gold Coast after much anticipation about its arrival in Queensland.
The Spanish-owned clothing chain will open its doors on the Queen Street Mall, in what is known as the old HMV Centre, and at Robina Town Centre on the Gold Coast.
Zara will occupy 2000 square metres of retail space at 155 Queen Street under a deal reached with Industry Superannuation Property Trust.
Neither party has commented publicly on the agreement, but it is understood local developer Mantle Group agreed to shift its Jimmy's on the Mall restaurant so Zara has better exposure to what is Australia's busiest pedestrian mall.
The deal will add to ISPTs growing dominance in the Queen Street Mall where it has already redeveloped the Wintergarden and has started refurbishing the Broadway on the Mall shopping centre.