Home-grown Virtual Reality comes to The Palms
First-in-the-city entertainment is coming to AMP Capital’s The Palms Shopping Centre. The Oasis, a made in New Zealand business success story, is an immersive entertainment destination with Virtual Reality (VR)...
Brookfield Place Sydney adds key retail offer ahead of completion
Romeo’s Retail Group will deliver a new-to-Australia, European-inspired food hall concept to the Sydney CBD, opening its Locali by Romeo’s at Brookfield Place Sydney. The food hall will anchor the...
Coles the first major Australian retailer to launch 90-minute Click&Click Collect offer on supermarket range
Coles is the first major retailer to launch 90-minute Click&Collect in Australia, making it even easier for busy Australians to shop with Coles Online. Now available at more than 400...
Significant Town Centre Investment Opportunity in Adelaide on the market
Colliers have been exclusively appointed to sell Hollywood Plaza, a dominant, high-profile Town Centre in South Australia, on behalf of Moelis. The Centre is anchored by Coles and Woolworths supermarkets...
Technology, customer experience and partnerships trending topics at NSW Retail Outlook 2021
It’s the industry event that easily might not have happened, but with restrictions eased, the Property Council of Australia’s (PCA) NSW Retail Outlook breakfast went ahead this year bringing the...
H&M to close non-performing Australian stores
When fast fashion retailer H&M opened its first Australian store at Melbourne’s GPO in 2014, the event drew huge crowds and excitement for the brand. Backed by an extensive marketing...
Lunar New Year brings Oxen strength to 2021
Lunar New Year 2021 falls on Friday 12 February this year, and although there isn’t the influx of Chinese tourists into Australia due to travel restrictions, the more than 1.2...
AMP Capital introduces new AutoMall concept
AMP Capital has today announced it has joined forces with one of the nation’s biggest automotive retail groups to revolutionise the traditional shopping centre mix and the way cars are...
$450m Australian retail portfolio listed for sale
A private syndicate of Australian based investors has listed a high-quality portfolio of 14 core retail assets for sale, with pricing expectations of up to $450 million. CBRE’s Pacific Head...
Mastery by Crown secures Woolworths Metro
Residents of Waterloo are set to have a new Woolworths Metro on their doorstep after the supermarket signed a lease to become the anchor tenant at the planned Mastery by...
ABS December sales figures confirm Christmas splurge
Australian retail turnover fell 4.1% in December 2020, seasonally adjusted compared to November, which saw a major increase as Victoria came out of lockdown; but in annual terms retail turnover remains...
Port Adelaide Plaza reduces environmental impact
The team at Port Adelaide Plaza aims to reduce the impact on the environment by taking advantage of the natural resource of rainwater cascading off the centre’s roof. Port Adelaide Plaza’s...
Mirvac Shopping Centres now powered by 100% renewable electricity
Mirvac is forging ahead on its commitment to being net positive carbon by 2030, announcing that as of 1 January 2021, all 16 of its retail shopping centres will be...
Colliers International’s Capital Markets Investment Review shows positive outlook for 2021
Colliers International’s Capital Markets Investment Review was released this week shows investment sales across the Office, Industrial, Retail and Hotels sectors, rebounded strongly in the second half of the year,...
Colliers appoints Lyn Gray as Head of Retail Management
Lyn Gray has been appointed as the Head of Retail Management within the Real Estate Management team at Colliers International Australia. Gray succeeds Dale McDermid, who has recently retired from Colliers and...
A Summer of Soul at Tamworth Square
For the Tamworth community, the cancellation of the 49th Country Music Festival was both a financial and emotional blow. The annual festival attracts an estimated 40,000 visitors to town each...
Makris Group divests $110m retail portfolio in Adelaide
Makris Group has realised a $110 million portfolio transaction comprising two major Adelaide assets in a sign of ongoing demand for strategically located retail properties with future value-add potential. Sydney...
Macarthur Square becomes the official home of Macarthur FC
Macarthur Square, in partnership with Macarthur FC, have been celebrating their sponsorship of the club and Macarthur FC’s inaugural A-League season, through an exciting program of in centre activity. Thursday...
Ballarat Lifestyle Centre sells for $12.39 million
Troon Group’s Ballarat Lifestyle Centre has sold for $12.39 million in a strong signal that investor confidence has returned to the retail investment market. The centre sold to a Melbourne-based...
New waterfront dining and fresh food precinct headline Runaway Bay upgrades
The Gold Coast’s Runaway Bay Centre is set to undergo a modern makeover giving customers a new alfresco casual dining precinct and fresh food precinct, powered with the aid of...
Castle Towers delivers two major upgrade projects
Despite the challenges that came with 2020, Castle Towers succeeded in delivering two major upgrade projects – an upgrade of the Piazza alfresco dining precinct and an upgrade of Levels...
Stonebridge sells Ropes Crossing Village for $42m
Stonebridge Property Group has sold Ropes Crossing Village for $42 million. The Sydney neighbourhood shopping centre sold to an Offshore Investor after a select off-market EOI campaign, reflecting a yield...
Buchan’s architectural vision for Sylvia Park
Buchan’s signature architectural work in the retail and hospitality space is widely evident at New Zealand’s brand-new retail district, Sylvia Park. Kiwi Property unveiled its $277 million, 20,000m2 Level 1...
Highpoint’s interactive LEGO Play Zone
During the school holidays, LEGO legends and learners were invited to experience Highpoint’s LEGO Play Zone – an interactive play space for kids. The LEGO Play Zone brought the world’s most...
The City of Sydney launches retail innovation program
In an effort to support CBD businesses, The City of Sydney’s Adapt and Advance webinar series kicks off today and is targeted at the retail and hospitality sector. A second...
Francis Loughran, Future Food
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...
Vicinity posts lower valuations
Vicinity Centres today announced a net valuation decline of 4.0% or $570 million for the six-month period to 31 December 2020 for its 60 directly-owned retail properties, following independent valuations...
JLL transacts one of the largest retail shopping centre assets of 2020 in Victoria
Stockland have continued their divestments of shopping centres with The Pines Shopping Centre in Doncaster, Victoria being sold for $155 million. The transaction marks one of the first retail assets...
Bruce Sedgwick, Titanium Property Investment
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...
Zara to join the retail mix at Karrinyup as part of $800m development
Spanish apparel retailer Zara has been announced as the latest global heavyweight to join Karrinyup Shopping Centre’s fashion offering, with the new store set to open as part of the...
ABS reports double digit retail sales growth in November
Australian retail turnover rose 7.1% in November 2020, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures, with total retail turnover rising a massive 13.3%...
Australia’s biggest residential project over a retail destination complete
Vicinity Centres’ first residential project is complete with residents moving into Golden Age Group’s $450 million three-tower luxury residential address, Sky Garden, atop The Glen in Melbourne’s south east. Sky...
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