NSW Retail and Other Commercial Leases (COVID-19) Regulation 2021 announced
The NSW Government have re-introduced the National Cabinet’s Mandatory Code of Conduct for Commercial Leasing to mandate rent relief for eligible tenants impacted by COVID-19. The Shopping Centre Council of...
Charter Hall Fund acquires Coles Five Dock for $25.9 million
Charter Hall Direct Long WALE Fund has acquired Coles Five Dock, a stratum titled supermarket in the inner western suburbs of Sydney for $25.9 million, reflecting a competitive sharp yield...
APPF Retail to sell key stake in Harbour Town Premium Outlets centre
A 50% joint venture stake in the landmark Harbour Town Premium Outlets centre on the Gold Coast is being offered for sale by Lendlease on behalf of the APPF Retail...
Charter Hall’s retail portfolio continues to demonstrate resilience through COVID-19
Charter Hall Retail REIT (CQR) announces its FY21 results for the period ended 30 June 2021. The CQR portfolio has continued to demonstrate its resilience through COVID-19 mandated closures and...
GPT results show strong retail recovery following COVID-19 restrictions
The GPT Group announced its results for the six months to 30 June 2021. GPT’s retail portfolio saw a solid recovery in performance in the first half of the year with...
The Square Mirrabooka hosts The Empathy Project
With their continued focus on the local community, Perth’s The Square Mirrabooka in partnership with the local Balga Senior High School is hosting The Empathy Project. In a year full...
Mirvac sells Cherrybrook Village for $132.8 million
Stonebridge Property Group & McVay Real Estate have announced the sale of Cherrybrook Village on behalf of Mirvac for $132.8 million. Cherrybrook Village is a dominant and established 9,382m2 neighbourhood...
Australia’s first drive-through COVID-19 vaccination hub opens at Woodgrove Shopping Centre
Western Health delivers Australia’s first drive-through COVID-19 vaccination hub at QICGRE’s Woodgrove Shopping Centre, making a vital service as accessible, safe and convenient as possible for the residents of western...
Newmark to breathe new life into Melbourne’s CBD
A reinvigorated David Jones menswear building at 299 Bourke Street will be a remarkable and unique beacon for Melbourne’s Bourke Street Mall and CBD, under plans for the iconic property...
Lancini Property Group appoints Salvatore Guardala as CEO
Queensland’s premier property development and management company, Lancini Property Group have announced the appointment of Salvatore Guardala as Chief Executive Officer. Guardala has continually grown as a leader during the past...
Kallangur Fair sells for $22.45 million
In yet another example of the market’s attraction to neighbourhood shopping centres, the Kallangur Fair Shopping Centre in Brisbane’s outer northern suburb of Kallangur has transacted for $22.45 million. Savills’...
Walker brings forward development of major shopping Retail and Homemakers precinct to Riverlea
South Australia’s fastest selling masterplanned community Riverlea will have a major shopping Retail and Homemakers precinct two years earlier than planned, in response to surging sales on the $3 billion...
Makris Group boosts Adelaide shopping centre sale tally to $181 million
South Australian developer Antunes Group has snared Adelaide’s Hallett Cove Shopping Centre for $71 million in the latest in a three-centre Makris Group portfolio sale program totalling $181 million. CBRE’s...
June retail sales analysis
The latest release (June 2021) of the monthly ABS Retail Trade data indicates that the overall month-on-month (m-o-m) estimate* decreased by 1.8%, down from 0.4% in May 2021. Retail Turnover increased...
Final stage of Karrinyup set to launch on 7 October bringing 100 new stores to the centre
Karrinyup has announced 7 October as the official launch date for its final phase which AMP Capital is managing on behalf of UniSuper. The launch will see the remainder of...
SCA buys Toowoomba’s Drayton Central for $34 million
The acquisitive SCA Property Group has closed another Queensland deal, snapping up the Drayton Central Shopping Centre in Toowoomba for $34.34 million. The transaction is SCA’s third Queensland acquisition in...
Mirvac signs five-year partnership with Biennale of Sydney
Mirvac looks to push the boundaries of traditional development to evolve its buildings and precincts to be more experiential. The Group have today announced a five-year partnership with major international...
Charter Hall becomes Open Road sponsor for Healthy Heads in Trucks & Sheds
Charter Hall has joined Healthy Heads in Trucks & Sheds (HHTS) as an Open Road sponsor. HHTS, a mental health and wellbeing organisation that operates specifically in the road transport, warehousing...
Julian Ackad, Spectrum Retail Group
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...
First Coles Supermarket in South Australia offered to market in over 5 years
JLL has been appointed to sell Coles Victor Harbor – the only Coles supermarket on the Fleurieu Peninsula in South Australia. The asset comes to market with expectations of strong...
Scentre Group opens its first Vaccination Hub at Westfield Chermside
The first vaccination hub in a Westfield Living Centre opened this week at Westfield Chermside in conjunction with provider Aspen Medical. The hub will provide as many as 200 Pfizer vaccinations a...
BAY CENTRAL: Shifting the town centre and changing the retail landscape of The Shire
We all know ‘The Shire’, the Sutherland Shire region, some 26kms from Sydney’s CBD. It’s one of Australia’s most affluent regions and development over the past decade-and-a-half or so, has...
RetPro launch nationwide Respect Protect Connect campaign
In a move to make its customers feel safe and respected at all times, RetPro Management Pty Ltd, is launching a nationwide public safety initiative called ‘Respect Protect Connect’ for all...
Rethinking Retail: Why Retailers with ‘bricks’ as well as ‘clicks’ outperform the competition
The viability of physical retail stores has been a hot topic ever since the popularity surge of online shopping. SCN speaks with DMA Partners Managing Director Ryan Andersen and Comac...
Bayfair exhibits art to support local LGBTQI+ community
New Zealand’s AMP Capital managed Bayfair Shopping Centre will be part of an exhibition at Tauranga Art Gallery by Shannon Novak, a New Zealand artist that explores challenges faced by...
Glenquarie Town Centre welcomes mass vaccination hub for south-west Sydney
Glenquarie Town Centre, located in the heartlands of south-west Sydney is home to the newest and largest mass COVID-19 vaccination hub – the South Western Sydney Vaccination Centre. The state-of-the-art vaccination facility opened...
Vicinity begins development of Box Hill Central
Vicinity Centres has commenced construction works at Box Hill Central, revitalising one of Melbourne’s busiest shopping centres and transforming it into a fresh and modern market-leading destination. The revitalisation brings...
Karrinyup celebrates stage one launch with centre wide activations
A host of Western Australian talent has joined Karrinyup Shopping Centre to celebrate the launch of stage one of the new-look centre, which officially launched today, Thursday 29 July. R&B...
Vicinity Centres and Australian Red Cross join forces to help build stronger communities
Vicinity Centres (Vicinity) has embarked on a three-year strategic partnership with the Australian Red Cross, leveraging its national centre network to deliver a range of community support programs and localised...
Westfield Knox reveals vision for contemporary living centre as it accelerates redevelopment plans
Westfield Knox is putting the community at the heart of its redevelopment plans, as it outlines its vision to create an elevated retail and lifestyle destination curated specifically for its...
Vicinity’s first stage transformation of Bankstown Central gets green light
Vicinity Centres and CIP Asset Management’s vision to transform Bankstown into a vibrant mixed-use urban neighbourhood has taken a step forward, with a range of Development Applications approved by the...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox
