Furniture group secures loan as part of restructuring.
Targeted tenancy mix to serve needs of local communities.
The centre now spans 110,000 sqm and is the largest living centre in WA.
The project will create 300 temporary jobs with a further 40 full-time positions.
Property group remains cautiously optimistic for growth.
The changes reflect growing demand for convenience.
Prime retail space is increasingly driven by service-based operators.
The redevelopments first stage will be unveiled in mid 2019.
Property group aims to divest a further $400m from retail category.
Retail assets have risen by 4 per cent to $12.7 billion.