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The Besen family, who controlled their share through the Highpoint Property Group, would not comment on the deal. Highpoint has about 470 stores, including Myer, David Jones and international retailers Apple, Zara and Samsung. The sale will give GPT and its wholesale fund full control of Highpoint, which is one of the country's largest super regional shopping centres and has an annual moving turnover close to $1 billion. The fund has ended up with a controlling 83.33 per cent stake in the centre, while the remaining 16.67 per cent interest is held by GPT Group. Highpoint, in Melbourne's rapidly gentrifying western suburbs, has about 470 stores, including Myer, David Jones and international retailers Apple, Zara and Samsung. GPT continues to be the centre's manager. GPT is currently considering expanding the centre's cinema and entertainment areas and developing a second supermarket and fresh food precinct. "The centre should also benefit from mixed-use development opportunities in the future," Mr Williams said. Marc and Eva Besen founded clothing retailer Sussan Group, now controlled by their daughter, businesswoman and philanthropist Naomi Milgrom. Eva Besen is the sister of property billionaire John Gandel, best known for his ownership of Melbourne's other mega-mall, Chadstone Shopping Centre. Ratings agency S&P Global Ratings revised its outlook for GPT's fund from stable to negative following the deal with the Besens.