MSCI/PCA Australia direct retail property asset classification
| Classification | Description |
|---|---|
| Super regional | Large centres over 85,000 m2 with two department stores, discount stores, two supermarkets and ∼250 specialties, offering comprehensive retail, entertainment, services, facilities, and full one-stop convenience |
| Major regional | Major centres (50,000–85,000 m2) with department stores, discount stores, supermarkets and ∼150 specialties, offering extensive retail, entertainment, services, and full one-stop amenities |
| Regional retail | Regional centres (30,000–50,000 m2) with a department store, discount store, supermarkets and 100+ specialties, offering broad retail, services, and amenities, though less extensive than major regionals |
| Sub-regional | Medium centres (10,000–30,000 m2) with a discount department store, major supermarket and 40+ specialties, offering broad sub-regional retail needs dominated by key anchor tenants |
| Neighbourhood | Local centres under 10,000 m2 with a supermarket and up to 35 specialties, serving nearby residents with extended hours and essential day-to-day retail needs |
| Bulky goods | Bulky goods centres over 5,000 m2 featuring large-format homewares retailers and few specialties, purpose-built in non-traditional locations with integrated designs, often near major regional centres |
| Metropolitan | Any retail centre located within the metropolitan boundary of a capital city |
| Country | Any retail centre located outside the metropolitan boundary of a capital city |
| Classification | Description |
|---|---|
| Super regional | Large centres over 85,000 m2 with two department stores, discount stores, two supermarkets and ∼250 specialties, offering comprehensive retail, entertainment, services, facilities, and full one-stop convenience |
| Major regional | Major centres (50,000–85,000 m2) with department stores, discount stores, supermarkets and ∼150 specialties, offering extensive retail, entertainment, services, and full one-stop amenities |
| Regional retail | Regional centres (30,000–50,000 m2) with a department store, discount store, supermarkets and 100+ specialties, offering broad retail, services, and amenities, though less extensive than major regionals |
| Sub-regional | Medium centres (10,000–30,000 m2) with a discount department store, major supermarket and 40+ specialties, offering broad sub-regional retail needs dominated by key anchor tenants |
| Neighbourhood | Local centres under 10,000 m2 with a supermarket and up to 35 specialties, serving nearby residents with extended hours and essential day-to-day retail needs |
| Bulky goods | Bulky goods centres over 5,000 m2 featuring large-format homewares retailers and few specialties, purpose-built in non-traditional locations with integrated designs, often near major regional centres |
| Metropolitan | Any retail centre located within the metropolitan boundary of a capital city |
| Country | Any retail centre located outside the metropolitan boundary of a capital city |
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.