Established in 1972 after the opening of Coles Balaclava, the first family investment, Lascorp is a distinguished retail property investment group, specialising primarily in the development and investment of supermarkets and supermarket-anchored shopping centres.
Situated in Melbourne, Lascorp strategically operates across the eastern seaboard of Australia, with a particular focus on Victoria, Queensland and Tasmania.
Recognised as a reliable provider of prime site locations for industry giants Woolworths Ltd and Coles Group Ltd, Lascorp boasts a proven track record in identifying development opportunities and successfully delivering complex projects.
Furthermore, Lascorp plays a pivotal role as a key supplier of completed products to the family investment group, maintaining strong relationships with prominent stakeholders in the retail investment sector.
In 1928 a man in his early twenties opened a grocery shop in Carlisle Street, Balaclava.
The young man was Myer Lasky and with his wife, he set up his first business venture, an over-the-counter grocery store. After a number of expansions, the store became one of the first self-service stores in Victoria.
44 years on, Myer and his sons Michael and Danny set out to develop St. Kilda’s biggest supermarket at the time, a Coles, on the land next to Myer’s famed store.
The original grocery store later became an arcade of shops which still remains today.
And so Lascorp began…
Today Lascorp Investment Group Pty Ltd, led by Michael Lasky and his own son Matthew Lasky, is a specialist retail investor involved in the development and investment of supermarkets and supermarket-based shopping centres.