Perth’s retail market records $60 million of sales this year
Strong demand for retail investments is creating an exciting Perth market, with CBRE announcing $60 million of sales in the first two months of 2019. This trend has sparked the move...
Monique Martin, Lendlease
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 industry....
Mirvac centres glitter with Mardi Gras makeovers
Leveraging their urban locations, Mirvac has treated its inner Sydney retail centres to colourful makeovers in celebration of the 41st Sydney Gay and Lesbian Mardi Gras Festival. Throughout the duration of the...
Mirvac commences work on Toombul’s $35 million dining precinct
Mirvac Retail has announced it has begun construction works on a new 5,100m2 entertainment and dining precinct at Toombul. Toombul Shopping Centre as profiled in SCN, has a rich, 50-year history in...
Australian retailer Mecca Maxima joins Botany Town Centre line-up
Botany Town Centre in east Auckland, New Zealand has made significant progress in the centre’s large-scale $78 million refurbishment. The Fashion Pavilions – the first stage of the development will...
Reading Cinemas to open at Burwood Brickworks
Burwood Brickworks anticipated to be the world’s most sustainable shopping centre, is on track to open in late 2019 and will showcase a state-of-the-art six-screen Reading Cinemas complex. Reading International,...
Lachlan McKernan, The GPT 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 industry....
Home Consortium signs contract with Skyfii
Skyfii Limited (ASX:SKF) one of Australia’s leading data analytics and marketing services company has announced that it has signed a three year contract with leading large format retail landlord, Home...
Scentre Group’s living centre platform delivers results
Scentre Group (ASX: SCG) today released its results for the 12 months to 31 December 2018, with Funds From Operations (“FFO”) of $1.34 billion representing 25.24 cents per security, up...
QV Cinema is back at QV Melbourne
QV Cinema is back with a late summer program of screenings and special events. Dexus managed QV Melbourne announced a new Flick / Fest outdoor cinema season from 14 February-...
Vicinity appoints Chief Operating Officer
Vicinity Centres has announced the appointment of Peter Huddle as Chief Operating Officer, a newly-created role within the Executive Committee, following an international search. Huddle will begin with Vicinity on 1...
Major flagship LEGO® store to open in Westfield Bondi Junction
Alceon Group and the LEGO Group have announced a landmark Australia and New Zealand Partnership. The partnership gives Alceon acquiring rights to open new LEGO Certified Stores across Australia and New Zealand. As part of...
Sunshine Plaza grand opening date revealed
Sunshine Plaza today announced the grand opening of its $440 million redevelopment will take place on 28 March 2019. Since construction works commenced in September 2016, the centre has secured the...
Maeve Foley, Scentre 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 industry....
AMP Capital’s Quay Quarter Tower 76% leased
AMP Capital have announced that Deloitte Australia will be taking a 10-year lease over approximately 32,000m2 in Quay Quarter Tower at Circular Quay, bringing the total pre-commitment of the Tower to 76% (with...
Three Australian retailers make Top 250 Global Powers of Retailing
Deloitte’s latest annual Global Powers of Retailing report reveals three locally based retailers: Wesfarmers, Woolworths and JB HiFi – remain in the Top 250, after JB HiFi was added last...
Tauranga Crossing announces new retailers
With construction near complete at Tauranga Crossing in the Bay of Plenty, New Zealand, the next group of exciting retailers opening alongside international fashion retailer H&M have been announced. Some of New...
2018 Frank Lowy Fellowship winner announced
The 2018 Frank Lowy Fellowship winner highlights the power of digital innovation and data analytics to strengthen customer insights. This week, the Shopping Centre Council of Australia (SCCA) announced that Genevieve Elliott, General...
The Park at Westfield Coomera opens
An exciting new concept is hitting Westfield Coomera on the Gold Coast following the opening four months ago of Scentre Group’s very first greenfield development delivered in partnership with QICGRE. From the...
Coles divests three WA assets for combined $45 million
Western Australia’s commercial property market is rising on the radar of investors, with first time purchasers into the state snapping up three Coles retail assets for a combined price of...
Woolworths to divest Banksia Grove Shopping Centre
Woolworths has listed Banksia Grove shopping centre for sale, representing a circa $35 million investment opportunity in WA’s burgeoning City of Wanneroo. Woolworths occupy 3,850m2 as the anchor tenant, for...
Purpose-built food plans released for Artarmon’s Home HQ
Fortius Funds Management has laid out plans to revitalise a Sydney homemaker centre with a new street-front food and beverage development and fresh tenancies. A new food and lifestyle destination for...
City of Sydney launches Sydney’s first Retail Innovation Program for bricks-and-mortar stores
Bricks-and-mortar retailers are increasingly facing new challenges to stay competitive in today’s digital economy. With online shopping on the rise, Australia’s $300 billion retail sector needs to innovate in order...
Australian retail investment volumes hit the third highest level on record
JLL’s latest annual Australian Shopping Centre Investment Review and Outlook 2019 talks about the ever evolving retail sector creating opportunities for investors. In 2018, sales volumes remain elevated, recording the third highest...
Vicinity CFO to take on MD role at QIC
Vicinity Centres has announced the resignation of Chief Financial Officer, Michael O’Brien who will become the new Managing Director for Global Real Estate at QIC. O’Brien joined Vicinity in 2015...
Andrew Cole, Lendlease
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 industry....
Macquarie Centre’s future to include an Olympic-sized Ice Rink
Today AMP Capital announced that any future redevelopment of Macquarie Centre will include a solution for an Olympic-sized ice rink. This decision follows AMP Capital’s decision to put on hold...
Ben Watson, 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 industry....
Global-first trial of a clear solar glass structure at Vicinity Centres
Vicinity Centres has partnered with smart building company ClearVue Technologies to launch a global-first trial of a clear solar glass structure installed at Warwick Grove shopping centre in Western Australia. ...
Marrickville Metro’s $142 million development commences
Construction has begun on AMP Capital’s $142 million development of Marrickville Metro Shopping Centre in Sydney’s inner west and is expected to take around two years to complete.The development will add an...
Mercado to open new flagship at Marina Mirage
Marina Mirage will be home to one of the country’s largest and most glamorous food destinations after luxury marketplace, Mercado, confirms its first store on the Gold Coast. In a landmark...
Macquarie Centre plans for the future
AMP Capital has asked City of Ryde Council to put on hold the centre’s $195 million development application while there is further community consultation about the proposal including the Macquarie...
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