infonews.co.nz
INDEX
FLOWERS

Florist Opens at Remarkables Park Town Centre in time for Valentine's

Thursday 10 February 2011, 2:56PM

By Southern Public Relations

968 views

Staff at the new Renaissance florist at Remarkables Park Town Centre, from left Ilona Haworth, Vanessa Johnson and Tanya Baker (Owner)
Staff at the new Renaissance florist at Remarkables Park Town Centre, from left Ilona Haworth, Vanessa Johnson and Tanya Baker (Owner) Credit: Southern Public Relations

QUEENSTOWN

As cupid hides around the corner in anticipation of February 14th, florist and gift shop Renaissance has opened its doors at Remarkables Park Town Centre in time for the big day.

Renaissance is the latest retailer to launch at the shopping centre’s newest building, joining existing retailers Whitcoulls, SpecSavers, Mooch and Canterbury of New Zealand.

The European-inspired store offers quality and fresh flowers as well homeware and gifts. Its service also extends to corporate events, weddings and the supply of bouquets and hampers to order.

Remarkables Park Town Centre Manager Joanna Hollander said she looked forward to seeing the store flourish along with the growing list of retail stores.

“We’re delighted to welcome Florist Renaissance as the fifth tenant of Building 10. It’s lovely to see the beautiful range of bouquets, flower arrangements, exotic plants and individual flowers on offer and of course, the timing is perfect. The building has a wonderful atmosphere now with the new stores in place. Between them all, there’s a wonderful range of Valentine gifts on offer.”

The 960sqm building is now fully tenanted with the sixth and final tenant; international food and beverage chain The Coffee Club, set to open shortly.

The building was opened in October 2010 by DNZ who manage the town centre for its owner Diversified NZ Property Fund Limited.

Remarkables Park Town Centre is owned and managed by companies entirely separate to Remarkables Park Limited.


DNZ Property Fund Overview

DNZ Property Fund Limited (NZX Code: DNZ) owns one of New Zealand’s largest diversified investment property portfolios with commercial office, retail and industrial properties located in the main urban areas throughout New Zealand.
As at 31 January 2011, DNZ Property Fund owned 51 properties with 286 tenants, a weighted average lease term (WALT) of 4.4 years, an occupancy rate of 98% over a net lettable area of 381,498m2, net contract rental of $57m with a portfolio value of $661m (latest valuations).
DNZ Property Fund Limited is a Portfolio Investment Entity in which investors hold shares, and is managed by its own internalised management team. DNZ Property Fund Limited also manages the property portfolio of Diversified NZ Property Fund Limited, which is owned by Australian institutional investors.