Westfield Mt Druitt’s $55 million rooftop dining, entertainment and lifestyle precinct opens
Scentre Group, together with its joint venture partner Dexus Wholesale Property Fund, today opened the doors to Westfield Mt Druitt’s highly anticipated $55 million rooftop dining, entertainment and lifestyle precinct....
Fortius signs major retail leasing deal to bring Fortress to Sydney
Sydney’s night-time economy has been given a massive boost with the announcement that the Australian-born entertainment and video games powerhouse, Fortress, is set to open one of the largest leisure...
Perth’s Midland Gate shopping centre listed for sale
Midland Gate, the dominant regional shopping centre in Perth’s fast-growing north-eastern metropolitan corridor, has been listed for sale as major investors increasingly expand their focus to top-end retail investment opportunities....
Scentre Group appoints new CEO as Peter Allen steps down
The Board of Scentre Group today announced that Peter Allen has decided to step down as Chief Executive Officer and Managing Director on 30 September 2022 and retire from the...
Scentre Group’s focus on driving customer visitation, engagement and occupancy delivers strong earnings growth
Scentre Group has released its results for the 12 months to 31 December 2021 with Operating Profit of $845.8 million and Funds From Operations (FFO) for the year $862.5 million. The...
Melbourne Central continues to expand with over 40 new stores in 2022
The shackles are off and Melburnians can now feel confident to come back into the city for work. Retail is also back with a vengeance at GPT’s Melbourne Central, with...
Waterman Eastland: Melbourne’s newest coworking hub
Melbourne’s leading flexible workspace provider Waterman has opened the doors to its newest, architecturally designed centre in QICGRE’s Eastland Shopping Centre in Ringwood. Waterman already operates centres in Chadstone, Narre...
Mirvac Share’s The Love this Mardi Gras
Mirvac is celebrating its ongoing commitment to truly supporting the LGBTQI+ community, this year rolling out the Progressive Pride Flag colours for the first time. It’s a reminder for the...
Melbourne Central and Highpoint announce new retailers to open
Following a flurry of new retailer openings including Kmart in late 2021, GPT’s Highpoint in Melbourne’s west continues to grow from strength to strength with a suite of new retail experiences arriving in...
Strong operational and financial execution positions Vicinity for growth
Vicinity Centres have announced its results for the six months ended 31 December 2021 (1H FY22), with a statutory net profit after tax of $650.2 million, representing a $1.04 billion...
Westfield Mt Druitt announces retail lineup for $55 million upgrade
Westfield Mt Druitt will unveil its $55 million rooftop dining, entertainment, and lifestyle precinct next month. Designed and curated specifically for the Western Sydney community, the redevelopment will take the...
Lendlease’s Caneland Central comes to market as appetite for major retail assets continues into 2022
Investors are presented with a unique opportunity to acquire a 100% interest in a dominant regional shopping centre as Caneland Central comes to market, highlighting the improving appetite for major...
Lendlease fund lists two high-performing outlet centres in unique portfolio opportunity
Two of New Zealand’s best performing, premier retail outlet assets are expected to attract in excess of $300 million when they hit the market on behalf of Lendlease Real Estate...
Stake in regional shopping centre in Adelaide comes to market
Investors are presented with an opportunity to partner with one of Australia’s leading retail managers as a 50% interest in the Colonnades Shopping Centre in Adelaide is being offered to...
Roll’d and KFC take to the skies with drone delivery
In partnership with Wing Australia, healthy QSR brand Roll’d Vietnamese and global restaurant chain KFC, have taken to the skies in a bid to bring their range of freshly prepared...
Major Greater Western Sydney town centre site available for sale
Stonebridge Property Group has been appointed to sell a major town centre development site located at 1 Kellicar Road, Macarthur, NSW. The B4 Mixed-Use zoned site occupies an expansive 2.55-hectare...
GPT sells Casuarina Square to Sentinel Property Group
Joint owners GPT and the GPT Wholesale Shopping Centre Fund (GWSCF) have exchanged contracts for the sale of Casuarina Square for a net sale price of $397 million. The centre...
Distribution and fulfilment strategy – using tech to lead the way
In this article published in SCN’s November issue, Chief Innovation and Information Officer, Justin Mills discusses Vicinity’s partnership with drone delivery company Wing, how their ‘in-house’ Data Science and Insights Team...
Scentre Group joins OMA in a move to help brands unlock the power of marketing within Westfield centres
Scentre Group is the latest company to join the Outdoor Media Association (OMA), the peak industry body which represents most of Australia’s Outdoor Media Display companies. It also joins as...
YFG acquires Strathpine Centre, appoints Retail First as managers
Retail First Pty Ltd has been appointed to manage Brisbane’s Strathpine Centre, becoming part of the management company’s South East Queensland portfolio of now 21 shopping centres. The announcement comes...
Revelop finalises plans for Calderwood Village and Chisholm Village
Within six months of Revelop acquiring the Calderwood Village town centre site from Lendlease and in consultation with Shellharbour City Council and Architects BN Group, plans have been finalised, lodged...
Mirvac announces architects for its $2billion redevelopment of Harbourside
Mirvac is moving forward in its plans to transform Harbourside, Darling Harbour into a new, world-class destination for Sydney, with the appointment of Snøhetta+Hassell Studio to lead the design for...
Vicinity reveals plans to transform Buranda Village into mixed-use precinct
Vicinity Centres has revealed plans to transform Buranda Village into a bustling new mixed-use precinct of the future, delivering lifestyle retail, more than 600 residential dwellings and 50,000m2 of commercial...
Stockland sells Townsville sub-regional centre to Sydney-based investor
Stonebridge Property Group & JLL are pleased to announce the sale of Coles Kmart Plaza Townsville on behalf of Stockland and AMP Capital for $47.25 million. The asset was sold...
AMP strikes $760m retail deal – Australia’s largest direct retail transaction in 2021
AMP Capital Retail Trust (ACRT) has acquired the remaining 20% interest in Gold Coast’s Pacific Fair Shopping Centre, while the AMP Shopping Centre Fund (ASCF) has acquired a 25% stake...
New restaurants and bars join 25 Martin Place
The heart of Sydney’s CBD has a new dining scene to indulge in with new restaurants and bars opening at 25 Martin Place. The new venues add to 25 Martin...
Trickle down technology – how major technological advancements transform the everyday retail
This article by Harold Perks, Hames Sharley was first published in SCN’s Little Guns edition, November 2021. Trickle-down technology is a term that describes the way major technological advancements trickle...
Scentre Group recognised with ‘A’ score for leadership in sustainability
Scentre Group has been recognised for leadership in corporate sustainability by CDP, securing a place on its ‘A List’. Scentre Group, which owns and operates 42 Westfield Living Centres, is the only...
Christmas Q&A with Dave Gardner, Dec the Malls
This Q&A with Dave Gardner, Dec the Malls, forms part of a special Christmas feature first published in SCN’s Little Guns edition. What does Christmas mean to you? Although there are...
Christmas Q&A with Tim Clarkson, Chas Clarkson
This Q&A with Tim Clarkson from Chas Clarkson forms part of a special Christmas feature published in SCN’s Little Guns edition. What does Christmas mean to you? Christmas is the...
Christmas Q&A with the team at Visual Inspirations
This Q&A with the team at Visual Inspirations forms part of a special Christmas feature published in SCN’s Little Guns edition. What does Christmas mean to you? Christmas to the...
Using technology to drive better customer experiences
The growth of digital technology and e-Commerce have become massive disruptions for the supermarket business. But the challenges are opportunities rather than hurdles. Customers are the winners with better shopping experiences....
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