Status of Queen’s Wharf’s Luxury Retail Precinct Uncertain Amidst Legal Action

As the highly anticipated Queen’s Wharf nears completion in Brisbane, the status of its promised luxury retail precinct remains in doubt. The Destination Brisbane Consortium had announced DFS, a subsidiary of LVMH, as an anchor tenant. However, DFS has recently launched legal action against the consortium, casting uncertainty over its involvement in the precinct. The consortium has indicated ongoing interest from retailers but declined to provide specific details about DFS’s future. The precinct was expected to feature a T Galleria and additional retail spaces. The consortium’s website has been updated to reflect only a ‘luxury department store’ without mentioning DFS. DFS has declined to comment on the litigation, and the consortium has said it will respond in court. The uncertainty surrounding the retail precinct adds to the broader challenges facing Queen’s Wharf. The consortium has settled a lawsuit with builder Multiplex and is awaiting a decision on its casino licenses. The complex is still set to open in stages from August and includes various amenities such as a sky deck, leisure deck, and hotel rooms.

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