Sydney’s Oatley Village Square shopping centre listed for sale
The Oatley Village Square shopping centre in Sydney’s south has been listed for sale amid strong investor demand for convenience-based retail assets. CBRE’s James Douglas, Joe Tynan and Michael Hedger have...
SCA Property buys Marketown from AMP Capital
SCA Property Group has agreed to acquire Marketown in Newcastle, NSW from AMP Capital Investors Limited for $150.5 million, an initial passing yield of 5.6% and an implied fully let...
Karingal Hub to unveil brand new fresh food precinct this month
ISPT is set to unveil the first stage of its $160 million revitalisation of Karingal Hub Shopping Centre in Frankston later this month, which will see a reimagined fresh food...
Kids play area, new shops and artworks coming soon to Ed.Square
Frasers Property Australia’s game-changing Town Centre, Ed.Square is keeping kids engaged with an inclusive new children’s play area set to open on June 24th, along with a new parent’s room...
The Good Life Series continues at Macquarie Centre
Macquarie Centre has announced the second session of The Good Life Series for 2021, with an exciting range of fashion offers and activations taking place on the 19 and 20...
The Square Mirrabooka supports local careers
Last week, The Square Mirrabooka in Perth hosted its inaugural Community Careers Fair event to help tackle unemployment in the local area. The local community were invited to discover new...
Amanda Gregory, Colliers
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...
Global and local heavyweights invest in the future of fashion
Sydney-based fashion tech startup, Mys Tyler, has announced the completion of its seed funding round, raising more than $1 million from a mix of local and global investors including venture...
Botany Town Centre celebrates 20 Years
Twenty years ago, Botany Town Centre opened as a first-of-its-kind shopping centre and hub for the community centred around a pedestrian-friendly mall concept. Having enjoyed a $78m makeover in 2019,...
Marrickville Metro’s Smidmore St now open
AMP Capital is on track to deliver close to $1 billion of retail development on behalf of UniSuper, with today’s successful completion of the $142 million Marrickville Metro development alongside...
Melbourne retailers reopen for business from Friday
Lockdown restrictions will be eased in metropolitan Melbourne from 11.59pm tonight. Retail can reopen with density limits of one person per four square metres. A number of restrictions will remain...
Don’t miss this Retail Property Essentials EOFY offer
The Property Council Academy is excited to announce the Retail Property Essentials course will be available virtually, for the first time ever. This is a fantastic opportunity for individuals with limited time or...
Lederer Group sells $300 million portfolio to IP Generation
Sydney billionaire Paul Lederer has sold a $300 million portfolio of NSW based neighbourhood shopping centres to fund manager IP Generation. The portfolio was bought at a yield of 6%. Ex-Scentre Group...
ALDI to open at Ocean Keys Shopping Centre
ALDI Australia will open its latest Perth store at Ocean Keys – a sub regional shopping centre located in the northern coastal suburb of Clarkson, approximately 35 kilometres from the Perth...
South Eveleigh unveils its program for Sydney Solstice 2021
Australia’s top artists are set to celebrate the longest night at Mirvac’s South Eveleigh with a festival of food, arts, and culture as part of Sydney Solstice. Celebrating the longest night...
Mirvac to divest Tramsheds at Harold Park Sydney
As Mirvac continues to evolve its portfolio of adaptable urban retail assets, Mirvac have decided to divest its holding in the Tramsheds at Harold Park in Sydney. Nick Willis and...
Karrinyup to open its brand-new Fresh Market
Karrinyup is set to celebrate the opening of its brand-new Fresh Market and more than 60 new stores on July 29. This will be the first of a series of...
QIC to sell 50% stake in Westfield Helensvale
Fund manager QIC is preparing to market its 50% stake in the highly successful Westfield Helensvale regional shopping centre in South East Queensland, paving the way for the first Australian...
IP Generation appoints Greg Miles as Director
IP Generation, an investor and boutique fund manager of commercial real estate has announced industry veteran Greg Miles as a new Director and co-owner of the private company. The former...
Victoria’s restrictions extended, QR Codes mandatory for retail
The Victorian Government has today announced an extension to lockdown measures affecting Metropolitan Melbourne, with restrictions to continue until 11.59pm, Thursday June 10 before gradual further easing. The Australian Retailers Association...
MLC Centre, Sydney gets a new name as part of a $170m transformation
The iconic MLC Centre will be known as 25 Martin Place as Dexus unveiled new retailers today as part of the first stage of the circa $170 million transformation. The...
Marrickville Metro to unveil Smidmore Street on 10 June
AMP Capital’s $142 million redevelopment of Marrickville Metro is ready to welcome locals and Sydneysiders to the newly expanded centre across the road on Smidmore Street with a five-day extravaganza...
Australia’s retail sector rebounds and positions for future growth
Following the tumultuous year of 2020, Australia’s retail sector has bounced back at a remarkable pace, well beyond any forecasts. Colliers latest Retail Research and Forecast report has found that as...
Erina Fair kicking sustainability goals
Lendlease’s Erina Fair on the Central Coast of New South Wales has delivered significant measures to improve the sustainability of the centre, which will benefit the local environment. The multimillion-dollar investment to...
CBD GUNS 2021
COVID-19 has made MAT and other turnover statistics invalid – in terms of any comparative formats. The fact is they’ve been affected far more than any other centres – Big, Little or Mini Guns. We saw Melbourne, for example, totally locked down for months; other cities ‘closed’ their CBDs for...
Leading Australian designers set to join Karrinyup
A legion of renowned Australian designers is set to join the new Karrinyup later this year as part of the $800 million development which AMP Capital is managing on behalf...
Charter Hall delivers a newly refurbished centre for the Bass Hill community
In November 2019, Charter Hall commenced a redevelopment to refresh Bass Hill Plaza in Sydney’s west. The project has transformed the existing centre to celebrate the cultural diversity of the local...
Lendlease proposes adjoining office development at Lakeside Joondalup
Lendlease announced today that it has lodged a development application (DA) for an A-grade office development to adjoin Lakeside Joondalup, located at the gateway to the City of Joondalup in...
Two new parent support services open at Stockland Shellharbour
Expectant and new parents in the Illawarra can now access free specialised support services at not-for-profits Gidget Foundation Australia and Karitane’s newly opened co-located space at Stockland Shellharbour. Arabella Gibson,...
Lakelands hosts Volunteer and Community Expo
To help local charities continue the amazing work they do within the community, Lakelands Shopping Centre (WA), owned by ISPT, partnered with the Peel Volunteer Resource Centre to host a...
Takeshi Fujimoto, MUJI AUSTRALIA
Retailers play a vital role in creating great shopping centres and community spaces. At Shopping Centre News we think it’s important to showcase and profile retailers to our audiences. For this special feature...
Arundel Plaza innovates with Solar Carports
Arundel Plaza at Parkwood on the Gold Coast has installed innovative new solar carports to create shade for 42 car parks, while offsetting carbon emissions for the centre. More than...
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