CEO OUTLOOK 2023: Charter Hall
This article by Ben Ellis, Retail CEO, Charter Hall, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. Our active strategy and approach to...
CEO OUTLOOK 2023: Sentinel Property Group
This article by Warren Ebert, Chief Executive Officer, Sentinel Property Group, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. Casuarina Square is the...
Michael O’Brien elected as new Property Council President
The Property Council of Australia (PCA) has announced Managing Director of QIC Real Estate, Michael O’Brien as its new National President. The Property Council represents the leading listed and private...
Big Guns 2023
In 2008, Chadstone became the first regional shopping centre in Australia (and one of the first in the world) to crack the $1.0 billion mark in terms of moving annual turnover (MAT). In 2010, Westfield Bondi Junction climbed to the same dizzying height, becoming only the second centre in Australia...
Ocean Keys Shopping Centre to host first to WA retailer
Ocean Keys Shopping Centre will host a first-to-Western-Australia retailer when TK Maxx opens its doors in Spring later this year. The store will offer Perth shoppers big brands at small...
SRL and Reach partnership to support the growing communities of Botanic Ridge and Wollert
Property group Sandhurst Retail & Logistics (SRL) is supporting The Reach Foundation, a national charity delivering transformative experiences to young people, as part of its commitment to support and enrich...
Elanor Investors acquires its first retail centre in WA
Elanor Investors Group recently purchased its first retail centre in Western Australia – Riverton Forum – and has appointed JLL to provide retail property management services for the centre. Formerly Stockland...
Research from oOh!media reveals Australians are shopping more frequently with in-store retail experience still key
Australians are shopping more frequently and in more varied locations than ever before, with the physical retail experience continuing to drive consumers in-store, new research by oOh!media reveals. In a...
AMP and Dexus reach final sale agreement
The long-awaited transfer of the AMP real estate and domestic infrastructure equity business to Dexus Funds Management has begun as both parties finalised binding documentation this week for an alternative Transaction...
One of Queensland’s most dominant retail assets hits the market
A rare opportunity exists to purchase the only regional shopping centre in Far North Queensland, with Cairns Central coming to market. A lifestyle, entertainment and fashion destination for both residents and...
Ormeau Village sells for $37 million
Continuing a strong run of neighbourhood shopping centre transactions in Queensland, Ormeau Village, located on the northern Gold Coast, has sold for $37 million on a tight passing yield of 5.3%....
Disney Store Pop-Ups arrive at Westfield centres
Scentre Group have announced the arrival of Disney Store Pop-Ups opening in selected Westfield centres across the country, offering an exclusive retail experience created for customers and Disney fans. In...
JLL named leading Retail Investments advisory firm in Australia
According to data analysed and published by MSCI Real Capital Analytics (RCA), JLL advised on the most retail transactions in 2022 and has been ranked as the leading retail investments...
GapMaps releases its annual retail network report with insights and trends across four retail sectors
GapMaps has released its 2022 annual retail network reports that tracks store openings and closures across Australia, providing key insights on the changing competitor landscape in key retail sectors: Café...
QIC launches galaxy-first interactive space-themed shopping centre experience
QIC’s ‘It’s Not Rocket Science’ activation has kicked off in Canberra this month and will see 14 giant, interactive and inflatable space-themed characters tour Australia until the end of 2024....
TAG Heuer celebrates the opening of its new luxury boutique at Adelaide Central Plaza
Swiss luxury watchmaker TAG Heuer and Global Brand Ambassador and Australian actor Jacob Elordi officially launched Adelaide’s first TAG Heuer Boutique at Precision Group’s Adelaide Central Plaza, with more than...
Bathurst Chase Shopping Centre listed for sale
Bathurst Chase Shopping Centre has been listed for sale by Quanta Investment Funds, presenting an opportunity to acquire a strong-performing convenience and service-focused neighbourhood shopping centre. CBRE’s James Douglas, Joe...
Waterman workspace coming to Camberwell Place in August
Surging demand for flexible and coworking office space in Melbourne’s inner-eastern suburbs continues to fuel Waterman’s rapid expansion across the city’s premier shopping precincts, with the flexible workspace provider announcing its...
Melbourne emerges as the come-back kid as CBD retail vacancies fall
Melbourne is leading the national CBD retail recovery, with the city’s vacancy rate in the single figures after plummeting by 5.6 percentage points. Nationwide, Australia’s CBD retail vacancy rate tightened...
Chadstone opens its newest entertainment and dining precinct
Chadstone – The Fashion Capital welcomes the very first visitors to its brand-new entertainment and dining precinct – The Social Quarter. The $70 million project spanning more than 10,350m2 of...
Westfield and Disney announce major collaboration celebrating Disney’s 100th anniversary
Westfield and Disney have announced a year-long collaboration in celebration of The Walt Disney Company’s 100th anniversary. The collaboration invites customers and fans of all ages to join in celebrating...
Panthera Group’s Terrace Central comes to market with price expectations over $50 million
A neighbourhood shopping centre anchored by a high-performing Woolworths supermarket has come to market in Newcastle’s emerging northern growth corridor. Holding a prime position within the Raymond Terrace town centre,...
Mirvac sells Stanhope Village for $158m in off-market deal
Revelop has expanded its retail portfolio after acquiring a 100% stake in Stanhope Village for $158 million in a deal negotiated off-market by JLL’s Nick Willis and Sam Hatcher on behalf...
Scentre Group achieves record sales across its Westfield portfolio
Scentre Group, which owns and operates 42 Westfield destinations across Australia and New Zealand has released its results for the 12 months to 31 December 2022, achieving a 20.6% lift in Funds...
Australia Post Parcel Hubs to meet the changing needs of retailers
To further support Aussie retailers, Australia Post is trialling a new Parcel Hub concept across five shopping centre groups, providing retailers within the centres with greater flexibility when sending and...
HomeCo sells Epping Hub for $70.25m
HomeCo Daily Needs REIT has sold Epping Hub to Forza Capital and Enclave Living/Jayland for a combined $70.25 million. The off-market deal was brokered by JLL’s Stuart Taylor and Tom...
Pacific Square’s ‘Embrace the Rainbow’ activation
This year Sydney was chosen to be the host of the 2023 WorldPride, marking the first time this event will be hosted in the southern hemisphere. To celebrate 45 years...
Victoria Gardens $900m redevelopment plans revealed
Vicinity Centres and Salta Properties, the co-owners of Victoria Gardens Shopping Centre, have unveiled plans for a sustainable urban village in the heart of Melbourne’s inner-city Richmond. Victoria Gardens has...
Goldfields secures permit for $100m town centre, The Sheds Tarneit
Future residents and visitors to high growth area Tarneit will soon enjoy nationally recognised retail offerings in the new town centre – The Sheds Tarneit, after the City of Wyndham...
Stockland celebrates WorldPride across its Sydney CBD assets
In support of Sydney’s first WorldPride celebrations, Stockland Piccadilly, located in Sydney’s CBD, has worked with First Nations artist, Janelle Burger, on illustrations installed throughout the shopping centre and workplace...
St Leonards Square neighbourhood retail precinct listed for sale
Mirvac has announced that the neighbourhood retail precinct located within its award-winning St Leonards Square development on the Lower North Shore is for sale. Situated in one of Sydney’s most...
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