Vicinity Centres announced it has exchanged unconditional contracts to acquire the remaining 49% interest of Chatswood Chase Sydney for $307 million ('the acquisition'). The transaction is expected to settle on 15 March 2024. Chatswood Chase is a major regional shopping centre located just nine kilometres from the Sydney central business district and in one of Australia's most affluent catchments, with average household income 32% above the Sydney average.

The asset is also located within close proximity to extensive bus, rail, and metro transport.