FY25 Year in Review: Strategy, Strength and Stewardship

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FY25 Year in Review: Strategy, Strength and Stewardship

FY25 was a year of momentum and impact at Rook Partners. From fully leased centres to shaping new town centres and celebrating 20 years in retail advisory, we delivered results that speak to strategy, strength, and deep client partnerships. 

Performance That Speaks for Itself 

In FY25, Rook Partners completed 118 leasing deals, generating over $22.4 million in total income — more than double our FY24 result. 

Key outcomes include: 

  • 47 new leases 
  • 71 renewals 
  • 15 major/mini-major leases, totalling $10.8M in gross rent 
  • 310 Letters of Offer issued, representing a 10% uplift in deal flow 
  • Our tenant mix tells the story of our focus: 
  • 42% of deals were in food and dining (cafes, QSR, restaurants) 
  • 9% in health and wellness services 
  • 49% in other essential retail and services 

These results highlight the value of our strategic leasing approach and the depth of our experience across neighbourhood and mixed-use centres. 

Technology That Supports Performance 

In FY25, we made targeted investments in technology to streamline operations, enhance service delivery, and future-proof our systems. This included the implementation of MyBuildings, which improved our property management capabilities with greater transparency, real-time tracking, and enhanced workflow integration. 

Shaping Growth Corridors: Austral Plaza & Leppington Village 

In Sydney’s Southwest, our long-term advisory work is making a real impact. 

We continued our leasing leadership at Leppington Village and launched the leasing campaign for Austral Plaza — a new neighbourhood centre anchored by Woolworths and set to open in late 2026. 

Both centres are designed to serve fast-growing communities with essential retail, food, and healthcare services. Rook Partners has delivered strategic advisory and data-led tenant curation across both, ensuring strong performance from the outset. 

Leppington Village opened fully leased and was awarded Retail Development of the Year at the 2025 Urban Taskforce Awards, recognising its innovation, community focus, and sustainability leadership. 

Six Centres Fully Leased: Strategy in Action 

A major milestone this year: six of our neighbourhood and convenience centres achieved full occupancy. 

  • Eastwood Shopping Centre 
  • Miranda Mall 
  • St Clair Shopping Centre 
  • Eagle Vale Marketplace 
  • Woodcroft Village 
  • Berowra Village 

These results reflect our deliberate, insight-driven leasing model — aligning tenancy mix with local demographics, securing the right operators, and partnering closely with centre management. 

Transforming Assets and Adding Value: St Clair Case Study 

At St Clair Shopping Centre, our integrated leasing and asset management approach delivered a $12 million uplift in capital value. 

New leases with food, fitness, and lifestyle tenants reinvigorated the centre, while strategic renewals secured long-term income. Infrastructure upgrades and operational improvements rounded out a high-impact transformation. 

This case study exemplifies how a proactive strategy and hands-on execution create measurable value for landlords. 

Celebrating 20 Years of Property Advisory 

FY25 marked our 20th anniversary. Since 2004, Rook Partners has helped shape precincts, advised leading institutions, and grown into a national firm known for expertise, agility, and integrity. 

Milestone achievements include: 

  • Merger with Raine & Horne Commercial Retail Services in 2019 to expand our asset management capability 
  • Over $850 million in assets under management 
  • A portfolio of 575+ tenants 
  • Delivery of 60+ retail and mixed-use developments 
  • 100% pre-leasing of Leppington Village 
  • Strategic planning for Eastwood Shopping Centre’s redevelopment 
  • Leasing of major mixed-use sites, including Rhodes Central and Chatswood Interchange 
  • Expanding our national medical and health tenant network 
  • Recognition for our role in award-winning precincts, including accolades from the UDIA Awards for Excellence and Urban Taskforce Development Excellence Awards 

Looking Ahead to FY26 

We enter FY26 with strong momentum. Our pipeline includes new developments, ongoing asset transformation, and deeper integration with our clients across leasing and asset management. 

Thank you to our team, clients and partners for making FY25 such a success. We look forward to another year of delivering results that shape places and create value. 

Partner With Us 

If you are looking for a leasing, asset management, or retail advisory partner who delivers results backed by experience and strategy, we’d love to hear from you. 

👉 Contact Us to explore how we can enhance the value of your property or project. 

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