IndonesianForecast, JAKARTA — One Global Capital distributed its first Christmas dividend to investors just one year after acquiring Eastlakes Shopping Centre in Australia. This achievement is an important milestone that reflects the success of the value creation and asset management strategies implemented by the company founded by Iwan Sunito.
The asset, acquired at the end of 2024 for AUD 19,5 million, has now been transformed into One Global Gallery Eastlakes. Within 12 months, the shopping center has undergone operational improvements and an aggressive leasing strategy. As a result, all retail units are now fully occupied and the asset valuation has increased significantly to around 33 million Australian dollars, according to an independent valuation report by Savills Sydney in October 2025.
One Global Capital Chairman and Group CEO Iwan Sunito said this achievement contradicts the general view that the retail sector is in decline.
“We focus on retail fundamentals that cannot be replaced by e-commerce, namely convenience, accessibility, and the provision of daily necessities for the surrounding community,” he said in an official statement on Monday(5/1/2026).
In fiscal year 2025, One Global Capital distributed dividends of AUD 1,8 million. This value is equivalent to a cash return of approximately 18,5% on invested equity, while investors retain full ownership of the assets. For foreign investors, this performance was further enhanced by the strengthening of the Australian dollar, resulting in a total combined return of approximately 28.5% on invested equity.
One Global Gallery Eastlakes embodies the concept of a new generation of neighborhood retail. The shopping center is anchored by a 1.600-square-meter ALDI and Woolworths as another major tenant. Since the acquisition, Woolworths performance has improved sharply, with monthly turnover jumping from around AUD 150.000 to more than AUD 520.000. The performance of other tenants has also shown steady growth.
US investor Dr. Maha considers this achievement impressive because the initial target return, which was projected to be achieved in five years, was realized in just one year, reflecting the quality of One Global Capital’s asset management and strategy.
Looking ahead, One Global Capital is optimistic that the prospects for asset value growth remain wide open. This is driven by increased rental income, the potential for lower interest rates that could drive valuation increases, and growing demand for community based retail, which is relatively resilient to digital disruption.
“This initial dividend is just the beginning, with greater potential returns for investors in the coming years,” said Iwan.
