John Hayson’s H Investments Plays a Crucial Role in Redevelopment of Shopping Centres in Sydney

Northbridge Plaza Shopping Centre in Sydney was a landmark project managed and redeveloped by H Investments International Pty Limited, under the supervision of owner and Director, John Hayson. Purchased in 1987, the centre had several structural and performance issues. John took over his family business of real estate development in 1987 and completely transformed the way Northbridge Plaza looked and operated.

When John Hayson purchased Northbridge, the centre had a Woolsworth Supermarket and 34 speciality shops. The first reconstruction of the Northbridge Plaza shopping centre was completed in 1989, by correcting design flaws, redesigning the entire plaza and adding a new tenancy mix, through intensive management by John Hayson. The major redesign work was done in the internal mall area and new quality retailers were brought in to meet customer needs. After 4 major renovations, 11 shop additions and tenancy mix upgrades. Moreover, additional land was purchased to extend Woolworth’s and create a supermarket on the North Shore of Sydney. Since the redevelopment, the centre witnessed a significant improvement in sales and customer traffic. The shopping centre was sold in 2004

Another underperforming shopping centre acquired by John Hayson was the Neeta City Shopping Centre in Fairfield, Sydney in 1994. The centre comprised of a Target Discount Department Store, Woolworth's Supermarket, Bi Lo Supermarket and 67 speciality shops. The sales were depressed, customers were not coming in and retailers were moving out. The flawed customer traffic flow was caused by too many entrances and poor anchoring of the centre, where one end of the centre was left almost vacant. During the redesign and redevelopment work, Woolworth’s was relocated to the underperforming end of the centre to give a good reason to customers to visit that end area of the centre. The old supermarket site was divided into smaller tenancies including Best and Less, Westpac, Retravision and many others. Since the redevelopment, new tenancies have been attracted, and the centre is trading well.

H Investments International Pty Limited also conducted redevelopment work for Woolworths supermarket in Scone NSW. The company owned and jointly constructed a new free-standing supermarket in the city, offering new shopping opportunities to the community in Scone.

The company has also been one of the leading real estate development firms in the residential sector.