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Anyone want to buy DFO?

By johnboy - 10 April 2012 47

dfo

Smart Company has the news that Canberra’s DFO is up for sale.

The DFO outlet in Canberra has been put up for sale by receiver McGrath Nicol as fallout from Austexx and its financial troubles continue to ripple through the industry.

The centre was placed in receivership last month with the Canberra’s Direct Factory Outlet and Homemaker Hub now for sale, with McGrath Nicol receiving expressions of interest.

Janes Lang LaSalle is in charge of the sale process according to the Australian Financial Review.

The development comes after months of legal battles and complicated debt deals, after property developer Austexx was forced to sell off assets as it faced nearly $US1 billion in debt and a possible collapse in 2010.

McGrath Nicol was contacted by SmartCompany this morning but a reply was not available prior to publication.

The Canberra DFO and Homemaker outlets were built in 2008, contain more than 100 fashion tenants, 24 homemaker stores and more than 1,800 car spaces. It is understood that the centre continues to operate as usual.

“I would like to assure tenants, customers and centre management employees that our appointment allows DFO Canberra and Homemaker Hub Complex to continue to operate while we run an orderly sale campaign,” Shane O’Keeffe of McGrath Nicol told the AFR.

Anyone want to set up the world’s most awesome paintball range?

What’s Your opinion?


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47 Responses to
Anyone want to buy DFO?
DJ Mac 10:23 pm 10 Apr 12

Sorry people – I wrote to Ikea about 6 months ago asking if they had any plans of opening in the ACT – their response was no because their model for where they place stores is that the store has to have a certain population within 15 minutes – we just don’t have the population density for them to justify opening here.

However I am all for an indoor nerf war or paintball place….

Sandman 9:24 pm 10 Apr 12

Jethro said :

Ikea isn’t that great.

Just saying.

Last time I went to Sydney I had a shopping list prepared by the wife. Just over $3000 worth of built in wardrobes and stuff for an investment apartment renovation. I walked in, played a quick game of “spot the Aussie” (I lost), failed to locate a helpful staff member, looked up items on in store computer which informed me several key components weren’t in stock, examined the quality of said items and decided I didn’t need this shit, and left.
I shall not be going back. It’s just a big hole filled with shonky products. I spent the $3000 on woodworking tools, made the things myself and still have the tools to make whatever else is needed.

thatsnotme 9:19 pm 10 Apr 12

Oh god, no Ikea, please… Mrs. thatsnotme already heads to Sydney to visit Ikea at the drop of a hat…if there were one here, I’m pretty sure the kids actually wouldn’t be able to walk through their bedrooms for all the ‘smart storage’ options she’d have crammed in there.

Golden-Alpine 8:26 pm 10 Apr 12

I wonder if Ikea would be like Krispy Kreme, we like the exclusivity of having to drive to Sydney for it and show off our purchases to our friends but once they come to town we are all like MEH!

Jethro 8:11 pm 10 Apr 12

Ikea isn’t that great.

Just saying.

milkman 8:02 pm 10 Apr 12

You guys are nuts. We should have an Ikea instead.

silvernitrate 8:01 pm 10 Apr 12

another big w would fit in nicely

midnight 7:57 pm 10 Apr 12

+ A Million for Ikea

Looking at allhomes.com.au, it seems that a good proportion of Canberra already shop at Ikea. A local one would be even better.

Golden-Alpine 7:54 pm 10 Apr 12

I like the idea of indoor paintball!

What about a shopping centre that provides low cost shops and cheap rent to fashion outlets and other retailers to clear out old/damaged stock cheaper than their other stores in traditional malls? Surely that would work?

Maybe Coles, Kmart, Officeworks and a small number of specialty stores??

I know!

Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea IKEA!!

PrinceOfAles 7:23 pm 10 Apr 12

Ikeandtina

taninaus 7:11 pm 10 Apr 12

+1 for Ikea – surely there are enough people here and in surrounding areas to justify one – heck we drive 4 hours to visit the Sydney one, others would do the same if there was one here.

VYBerlinaV8_is_back 7:06 pm 10 Apr 12

This is really out there, and will probably be shouted down by the majority, but what about an Ikea?

chilli 7:02 pm 10 Apr 12

GardeningGirl said :

screaming banshee said :

Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea IKEA!!

Ikea!

And again!

GardeningGirl 6:42 pm 10 Apr 12

screaming banshee said :

Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea IKEA!!

Ikea!

screaming banshee 6:09 pm 10 Apr 12

Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea Ikea IKEA!!

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