COVETED brands Tiffany and Co and Kailis Jewellery are the latest brands to leave the high-end King Street precinct to take up tenancy at Raine Square.
Charter Hall Group announced earlier this week several new high-end fashion retailers to join its Raine Square development ahead of its official opening on Friday.
Charter Hall managing director and group chief executive, David Harrison, confirmed the two luxury brands would relocate to Raine Square’s prime retail space along Murray and William Street later this year.
“We are thrilled to be able to confirm Tiffany & Co. and Kailis Jewellery as new long-term tenants,” he said.
“They will join Louis Vuitton and a host of other fashion and lifestyle brands to form the Raine Square fashion and commercial precinct.”
The changes all part of a $120 million redevelopment, making Raine Square home to one of Perth city’s most comprehensive dining, fashion and entertainment offerings.
Mr Harrison said the newly revitalised shopping precinct provided something for everyone and wass situated in one of the prominent locations in the city, accessed by thousands of commuters, shoppers and tourists each day.
Tiffany and Co’s Australia and New Zealand vice president and managing director Glen Schlehuber said the brand was excited to be relocating to the newly revitalised Raine Square.
“The new store will provide our clients with the renowned quality, craftsmanship and style they expect from Tiffany, in a beautiful new environment,” he said.
The $120 million redevelopment of Raine Square started in May 2018 and now includes 46 specialty retail stores, restaurants and dining options.
New fashion retailer and hospitality fit-outs are currently underway with the first to open in late 2019.