CEO OUTLOOK: Ben Ellis, CEO Retail, Charter Hall
This article by Ben Ellis, CEO Retail, Charter Hall, forms part of a special CEO Outlook feature published in SCN’s Big Guns 2022 edition. 2022 is set to be another...
EG Funds acquires stake in Brisbane’s Grand Plaza Shopping Centre
EG’s Australian Core Enhanced Fund has acquired a half stake in Brisbane’s Grand Plaza Shopping Centre in a deal worth about $220 million as interest in sub-regional investment opportunities resurge....
Scentre Group – Customer focus drives future of Westfield Living Centres
Westfield, indisputably – the greatest shopping centre company in the world. The bulk of its global portfolio was in Australia – now owned and managed by Scentre Group. At Scentre...
Big Guns 2022
Exactly 30 years ago, in March 1992, SCN published its first ‘Big Gun’ issue. 50 centres were featured – the 50 largest shopping centres in the country. The biggest, with a GLA of 90,000m2, was Warringah Mall in Sydney, owned by the property group Hammerson; the smallest, at 35,461m2, was...
Benowa Gardens sells for $60.5 million
Continuing a strong run of retail transactions in Queensland, the Benowa Gardens shopping centre, located on the Gold Coast, has sold for $60.5 million, reflecting a passing yield of 4.99%....
Scentre Group Releases 2021 Responsible Business Report
Scentre Group have released its 2021 Responsible Business Report highlighting progress across the four pillars of its Responsible Business Framework – community, people, environment and economic performance. Scentre Group owns...
Wagga Wagga Marketplace celebrates 25-year milestone
Officially opening its doors for the first time in March 1997, Wagga Wagga Marketplace, owned by ISPT, is celebrating 25 years of serving the local community. Titled ‘Wagga 25’, this...
UNIQLO to open new store at Stockland Wetherill Park
Japanese global apparel retailer, UNIQLO, has announced plans to bring its world-class retail experience and famed service to Stockland Wetherill Park Shopping Centre in July this year. The opening marks...
Nadia Bush, Revelop
The Shopping Centre industry is driven by people. It’s the skills and expertise of the people that manage, develop and evolve shopping centres for their communities that creates this great...
Dan Murphy’s-anchored retail investment acquired by HomeCo
HomeCo Daily Needs REIT has acquired a 10,929m2 site in Armstrong Creek from Wel.Co in an off-market sale negotiated by Colliers’ Tim McIntosh and Mike Crittenden for $21.5 million. The diversified...
Charter Hall launches national campaign “Good food for good”
Charter Hall Retail partners with a range of community groups who share its goal of fostering a greater sense of belonging in every Australian community. To support this aspiration, Charter Hall...
Armada Dandenong Plaza celebrates inclusiveness and respect for Harmony Week
Armada Dandenong Plaza kick starts its Harmony Week 2022 celebrations highlighting this year’s continuing international theme ‘everybody belongs’ from Tuesday, 15th March to Monday 21st March. As part of the...
Woolworths Group sells Sapphire Marketplace
A private investor has outlaid $54.05 million for Sapphire Marketplace on the NSW south coast as interest in sub-regional shopping centres continues to surge. The transaction was struck on a...
Cockburn Gateway inspires shoppers with new season installation
To welcome in the new season, shoppers at Perth’s Cockburn Gateway are invited to wander beneath the mesmerising ceiling display of more than 3,000 locally-grown, dried and preserved eucalyptus, scholtzia...
Buchan preserves Sydney’s locomotive history at South Eveleigh mixed-use precinct
Sydney’s heritage-listed South Eveleigh Locomotive Workshop has been transformed from an Industrial-era building into a captivating multi-use commercial and community precinct that honours the site’s rich history. Buchan was engaged...
Woolworths-anchored neighbourhood shopping centre sells for $35.55 million
A private investor has snapped up a non-metro neighbourhood shopping centre in Queensland for $35.55 million. The Woolworths-anchored Fernvale Village, located an hour west of Brisbane, attracted 14 offers and...
Westfield Woden’s Bradley Street Dining Precinct celebrates new restaurant openings
Westfield Woden’s vibrant Bradley Street Dining Precinct has unveiled a new light installation in collaboration with artist Carla O’Brien to celebrate the recent openings of three new restaurants. From Friday...
Woolworths and BIG W boost retail offer with multi-million dollar Sydney CBD investment
Woolworths Group will invest more than $10 million to open a new BIG W store alongside a renewed Woolworths Supermarket offering in Sydney’s Town Hall by the middle of 2022. The...
Three prime Southeast Queensland retail centres to hit the market
Three high performing retail centres in Southeast Queensland are set to be brought to the market over the coming days. Burleigh Home + Life, Morayfield Village and Yamanto Village have...
Karrinyup to launch holistic Wellness Precinct
Karrinyup is set to open a dedicated Wellness Precinct as part of the $800 million development of the shopping centre, which AMP Capital is managing on behalf of UniSuper. The...
Rochedale Village Shopping Centre listed for sale
The recently completed Rochedale Village shopping centre in Brisbane’s southern growth corridor has been listed for sale as investors continue to pursue convenience-focused retail investment opportunities. CBRE’s Joe Tynan and...
Chadstone Loves Local campaign supports local communities and sporting clubs
Community sport is recognised as an important source of social connection and a sense of belonging. Following two years of lockdown-disrupted junior sporting competitions, Chadstone – The Fashion Capital is...
Westfield Mt Druitt’s $55 million rooftop dining, entertainment and lifestyle precinct opens
Scentre Group, together with its joint venture partner Dexus Wholesale Property Fund, today opened the doors to Westfield Mt Druitt’s highly anticipated $55 million rooftop dining, entertainment and lifestyle precinct....
Karrinyup Shopping Centre launches its first ever food festival
Karrinyup Shopping Centre will launch its first-ever food festival this 18 and 19 March. Karrinyup’s expansive outdoor dining precinct, The West Deck will be transformed for the alfresco foodie festival...
Shopper Appoints Ed Couche as CEO
Shopper, Australia’s fastest-growing offline media business, has appointed former Chief Operations Officer and founding partner Ed Couche as Chief Executive Officer. Couche steps into the role following the passing of...
Coles Supermarket to offer drone delivery with Wing
Coles will be Australia’s first major supermarket to offer drone delivery for more than 250 of its most popular grocery items. Partnering with global on-demand drone delivery service, Wing, customers...
Fortius signs major retail leasing deal to bring Fortress to Sydney
Sydney’s night-time economy has been given a massive boost with the announcement that the Australian-born entertainment and video games powerhouse, Fortress, is set to open one of the largest leisure...
Perth’s Midland Gate shopping centre listed for sale
Midland Gate, the dominant regional shopping centre in Perth’s fast-growing north-eastern metropolitan corridor, has been listed for sale as major investors increasingly expand their focus to top-end retail investment opportunities....
Revelop grows retail portfolio with latest Tramsheds acquisition
After a competitive on-market campaign, Revelop is pleased to announce it has acquired the State Heritage Listed Tramshed’s at Harold Park in Sydney’s inner West. Located only four kilometres from...
Sunshine Coast convenience centre to hit the market
Brisbane-based boutique property investment manager Marquette Properties is set to bring Caloundra Village to the market over the coming days. Caloundra Village is a neighbourhood centre, strategically located in Caloundra,...
Scentre Group appoints new CEO as Peter Allen steps down
The Board of Scentre Group today announced that Peter Allen has decided to step down as Chief Executive Officer and Managing Director on 30 September 2022 and retire from the...
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