Vicinity Centres reinvents the meaning of ‘Retail Therapy’
New research*, commissioned by Vicinity Centres, reveals that over half (53%) of Australians expressed they preferred in-store retail therapy, as opposed to shopping online. Despite the boom in e-commerce, consumers...
Neighbourhood centre in Perth’s Rockingham listed for sale
ASX-listed Mustera Property Group are set to sell its Shoalwater Shopping Centre within Perth’s city, Rockingham. Positioned on a 1.47ha site, the neighbourhood centre has a 6.3 year WALE with...
QIC lodges DA for new retail, hotel, office and dining precinct at Castle Towers
Heralding the next development phase at Castle Towers in Sydney’s north-west, QIC has lodged a planning application for its newest project – The Village – a future-focused mixed-use lifestyle precinct that...
Fortius revitalises Central Park Mall with Sydney-first Fortress
Fortius Funds Management, now a part of Growthpoint Properties Australia, is soon to open a major player in the multi-million-dollar transformation of Central Park Mall on Sydney’s CBD Fringe, creating...
Forest Hill Chase shopping centre sold for almost $260 million
Haben Property Fund and The JY Group have acquired a 100% stake in Forest Hill Chase Shopping Centre as investors continue to seek retail assets in metropolitan locations with long-term...
Challenger divests its 50% stake in Sunshine Marketplace for $66 million
A 50% interest in one of Melbourne’s largest sub-regional landholdings has sold for $66 million to Aware Real Estate with Altis Property Partners as manager for the transaction. Sunshine Marketplace,...
SCCA appoints Peter Huddle as new Co-Deputy Chair
Peter Huddle, Chief Executive Officer and Managing Director, Vicinity Centres, has been elected as the new Co-Deputy Chair of the Shopping Centre Council of Australia (SCCA). This follows the resignation...
Rundle Mall foot traffic doubles with festival season extended trading
Foot traffic in Rundle Mall more than doubled between 5-7pm during this year’s festival season (February 13 to March 19), thanks to extended trading hours granted by the State Government and...
Adelaide-first entertainment and dining precinct announced in major Rundle Place project
A first-of-its-kind entertainment and dining precinct is coming to Adelaide’s Rundle Place in a multi-million-dollar project to create Rundle Mall’s first day/night destination. Australasia’s largest fun company provider, Funlab, has...
An explosion of activity-based transformation is about to hit retail shopping centres
Changing the character of a space is nothing new to the shopping centre industry. For years we’ve changed what’s in the centre court; we’ve changed outdoor spaces, converted former department...
Melbourne Central announces 14 new stores to open within the next three months
GPT’s Melbourne Central continues its retail expansion with the opening of 14 new stores within the next three months, including nine brand new stores and five refurbishments. Renowned as a...
Hawaiian receives approval to redevelop Claremont Quarter Town Square and Laneway
Hawaiian and QIC as joint venture partners have received conditional approval of its Development Application for the redevelopment of the Claremont Quarter Town Square and Laneway in Perth, WA. The Claremont Quarter...
New upmarket retail precinct opens in St Leonards
Set to be a lifestyle destination for both locals and visitors, Mall 88 provides an open air plaza and dining precinct, with a combination of cafés, alfresco dining and a...
Trophy Ascot supermarket asset catches investors’ eyes
Nestled in the heart of Brisbane’s third most affluent suburb, 27 Alexandra Road, Ascot, has hit the market, leased by supermarket success IGA Marketplace. The property is being marketed by Ray...
QIC’s ‘Project Safe-Guard’
As reported in SCN, Deb Palmer, National Programs Manager, QIC has been awarded the 2022 Frank Lowy Fellowship. We spoke to Deb about the award-winning program – an initiative to combat the...
SCN Big Guns Lunch 2023
The Big Guns Lunch, hosted by Shopping Centre News (SCN) on Friday 24th March at the Ivy Ballroom in Sydney was attended by CEOs and senior executives from across the...
Centre Profile: Rundle Place
Adelaide’s Rundle Mall is arguably the most iconic retail strip in Australia; it’s certainly the oldest. It’s a strip containing the best retailers in the country and the location of...
Big Guns 2023 Awards Presentation
Awards presented at SCN’s 2023 Big Guns lunch include: SPECIAL AWARD: In recognition of a centre achieving an MAT in excess of $1 billion for the first time: Pacific Fair,...
Retail Profile: JD Sports
A recent report by Unibail-Rodamco-Westfield predicts by 2025, more than 50% of retail square meterage will be devoted to ‘experiential retail’ as distinct from products or stock. Might seem difficult...
Scentre Group announces its seventh centre to achieve an MAT in excess of $1 billion
Westfield Doncaster has celebrated a major milestone, surpassing $1 billion in Moving Annual Turnover (MAT) in January this year, for the first time. Westfield Doncaster joins six other Westfield destinations...
CEO OUTLOOK 2023: Scentre Group
This article by Elliott Rusanow, Chief Executive Officer, Scentre Group forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. We have momentum as we...
CEO OUTLOOK 2023: QIC Real Estate
This article by Michael O’Brien, Managing Director, QIC Real Estate, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. For the retail industry, the...
CEO OUTLOOK 2023: Dexus
This article by Marco Ettorre, Executive General Manager Retail, Dexus, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. We see growth over the medium term will...
CEO OUTLOOK 2023: Vicinity Centres
This article by Peter Huddle, Chief Executive Officer, Vicinity Centres, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. The retail landscape continues to...
CEO OUTLOOK 2023: Region Group
This article by Mark Fleming, Chief Operating Officer, Region Group forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. Having weathered the COVID storm,...
CEO OUTLOOK 2023: Stockland
This article by Michelle Abbey, Executive General Manager, Town Centres, Stockland, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. And so begins another...
Westfield becomes Official Partner of Netball Australia
Netball Australia has announced Westfield as its newest Official Partner in a multi-tier sponsorship covering all levels of the game. Westfield has joined as an Official Partner of Netball Australia,...
CEO OUTLOOK 2023: Perron Group
This article by Andrew Byars, General Manager – Property Investments, Perron Group, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. Looking to the...
CEO OUTLOOK 2023: Lendlease
This article by Lachlan Dyson, Head of Property Management, Lendlease, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. The retail evolution continues with...
CEO OUTLOOK 2023: ISPT
This article by Sam Curry, General Manager Retail Services, ISPT, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. My thoughts on 2023 centre...
CEO OUTLOOK 2023: The GPT Group
This article by Chris Barnett, Head of Retail and Mixed-Use, GPT, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. Before looking to the...
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