BP and David Jones announce another 21 additional stores
BP and David Jones are expanding their market-leading offer to deliver fresh, high-quality products and innovative convenience with another 21 additional stores following the popularity of earlier sites. The expansion will...
HomeCo. announces results with new healthcare growth strategy
Unlike their property counterparts who have reported significant valuation decreases, Home Consortium (HomeCo) have announced their results with a portfolio valuation increase of 5.2% (net 1.7% after capex) and annual like-for-like...
ALDI to purchase 100% of its electricity from renewable energy
ALDI supermarkets has today announced its commitment to purchase 100% of its electricity from renewable energy by the end of 2021. Globally, companies and institutions are seizing opportunities afforded by the...
Woolworths unveils its newest supermarket
On Thursday 19 August, shoppers in the Moreton Bay region had their first experience at Woolworths’ newest supermarket with fresh food, convenient shopping options and value at the heart of...
Antony Hampson, Superdry
Retailers play a vital role in creating great shopping centres, and at Shopping Centre News we think it’s important to showcase and profile retailers to our audiences. This week, we speak to Antony...
Reset, Re-Imagine, Reconnect & Recover – Part 2
In the second instalment of this two-part article (part one published last week), Francis Loughran of Future Food, explores the big issues facing the hospitality industry as it struggles to...
Karrinyup seeks expressions of interest for entertainment precinct artwork
AMP Capital is seeking Expressions of Interest (EOIs) from West Australian artists or design teams for a series of integrated artworks in the new entertainment and dining precinct at the...
Scentre Group reports half year operating earnings of $361 million
Scentre Group (owner and operator of Westfield in Australia and New Zealand) today released its results for the six months to 30 June 2020 with Operating Earnings of $361 million...
July sales indicate a positive retail outlook
Australian retail turnover rose 3.3% in July 2020, seasonally adjusted, according to preliminary retail trade figures released by the Australian Bureau of Statistics (ABS). In a very positive result, turnover...
Vicinity Centres reports $1.8b loss but remains positive about the future
Vicinity Centres (Vicinity, ASX:VCX) announced its results for the 12 months to 30 June 2020, with a statutory net loss after tax of $1.8 billion (FY19: $346.1 million statutory net...
Dexus positions for the recovery
Dexus (ASX:DXS) has announced its 2020 annual results – the group’s net profit after tax was $983.0 million, down 23.3% on the prior year. This movement was primarily driven by net...
Panthera Group unveils new food experience at Terrace Central
Panthera Group has transformed the food offerings in Terrace Central launching five new operators while combining their omnichannel e-commerce ordering technology Rivershop, to launch stage one Click and Collect services for the...
Charlene Perera, Hush Puppies
Retailers play a vital role in creating great shopping centres, so at Shopping Centre News we think it’s important to profile retailers to our audience and share their stories. Established in 1958,...
Macquarie Centre sets sustainability goals with Zero Net Carbon by 2030
Sustainability remains on the minds of many Australians and is also a priority for numerous local brands and retailers. Prior to COVID-19, Australians identified climate change as the most critical...
Mirvac Retail launches food appeal across its Sydney shopping centres
Six Mirvac shopping centres across Sydney have launched an appeal for the community to support donations in a charity food drive to help people hit by hardship during the pandemic. Collections...
Ian McDougal, Vicinity Centres
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...
Shopping Centre industry direct financial support for retailers reaches $1.6 billion
Data released today by the Shopping Centre Council of Australia (SCCA) demonstrates the value of rental assistance extended to small and medium (SME) sized and non-SME businesses to carry them...
SCA Property Group announces resilient result
Despite COVID-19, convenience-based shopping centres have remained resilient with major tenants in the SCA property portfolio reporting increases in sales. Across the portfolio there was MAT growth for the 12...
Amanda Attard, AMP Capital
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...
AsheMorgan announces $100m expansion to The District Docklands
AsheMorgan today announced the signing of Nesuto Docklands Apartment Hotel as a milestone expansion to Melbourne’s The District Docklands mixed use precinct. The signing marks the first time Nesuto has partnered with...
GapMaps launches free tool to help Victorians find essential services within 5km
With Stage 4 lockdown restrictions in place across metropolitan Melbourne, people are only allowed to go out and travel up to 5 km for necessary goods and services like supermarket, pharmacy,...
Coles&co digital channel goes live
The delivery of weekly printed catalogues to customer letterboxes has been a feature of the Australian supermarket shopping experience for decades, however customer trends both in Australia and internationally have...
Ripley Town Centre declared one of Australia’s most sustainably Designed buildings
Ripley Town Centre in south-east Queensland’s western growth corridor has achieved a 5 Star Green Star Rating in the Design & As Built category from the Green Building Council of Australia...
GPT records net loss of $519.1 million
Like many retail property companies the current environment with rental reversions has affected property valuations significantly. In their half year update, GPT has recorded a net loss of $519.1 million...
Indooroopilly Shopping Centre celebrates its 50 year milestone
Prepare to walk down memory lane as one of Brisbane’s largest shopping centres, Indooroopilly Shopping Centre, celebrates half a century of proudly local community and retailer stories. Brisbane locals now...
Lendlease supports First Nations students with $100,000 worth of advertising
Lendlease shopping centres across the country this week will be promoting National Hoodie Day (Monday 10 August) to support AIME, an Australian educational mentoring program for First Nations students. The week-long...
Scentre Group introduces GYG drive-thru at Westfield Carousel
Scentre Group has welcomed the first Guzman y Gomez (GYG) drive-thru to its portfolio at Westfield Carousel, in Perth. The new West Australian flagship restaurant features a dual lane drive-thru and was built...
Carramar Village sale sets new benchmark
After several months of negotiation, Carramar Village in Perth’s northern suburbs has changed hands for $33.5 million – representing the largest shopping centre sale in Perth for 2020. Built circa 2009,...
Scentre Group appoints retail heavyweight Guy Russo to the Board
Scentre Group, owner and operator of the Westfield living centre portfolio in Australia and New Zealand, today announced the appointment of Guy Russo to the Board, effective 1 September 2020. Russo...
The Frank Lowy Fellowship – call for entries 2020
There is no doubt that 2020 has delivered the most difficult year for shopping centre professionals across the country. The highly skilled workforce of our industry has been put under...
June sales reflect a one-off positive position ahead of the downturn
The Australian Bureau of Statistics (ABS) has this week revealed that retail sales rose by 2.7% in June, however retail volumes fell by a sharp 3.4% for the June 2020...
Adam Weinstein, Vicinity Centres
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...
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