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’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....
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...
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...
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 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...
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...
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...
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...
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 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 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...
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...
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...
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...
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 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 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 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 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...
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...
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...
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 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, 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 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...
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...
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....
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...
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,...
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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