Wel.Co and HomeCo. partner to unlock Armstrong Creek Town Centre’s potential
Listed fund manager Home Consortium’s Daily Needs REIT (ASX: HDN) has acquired the newly completed Armstrong Creek Shopping Centre from national commercial and residential developer, Wel.Co for $55.6 million. Located...
Port Adelaide Plaza strengthens retail mix with new retailers announced
Precision Group’s Port Adelaide Plaza welcomes new stores Surf Dive ’n Ski, U-Cool Bubble Tea and S2 Thai Street Food. The list of new, engaging and dynamic stores confirmed to open...
BrainBox AI and Skyfii partnership set to optimise energy savings
BrainBox AI, an expert in autonomous AI technology for commercial and corporate real estate, has partnered with Skyfii, a leading data intelligence provider that helps building owners understand visitor behaviour...
Construction commences at CastleTown Shoppingworld
Queensland’s CastleTown remains open for business as construction commences on the centre’s $34 million redevelopment that will deliver a new Coles supermarket and specialty retailers, new entry statement, upgraded car...
HomeCo. sells seven assets to HomeCo. Daily Needs REIT for $266m
Home Consortium Limited (HMC) has entered into a conditional agreement to sell 100% interest in a portfolio of seven large format assets and one neighbourhood shopping centre to the HomeCo. Daily...
Waverley Gardens to launch ultimate fresh food precinct: Super Fresh
Waverley Gardens Shopping Centre is set to undergo renovations in April 2021, with the introduction of its brand new Super Fresh precinct. Located in the east-wing of the centre, Super...
Mildura region’s number one centre sells for $81.1m
A private investor has purchased one of Victoria’s most dominant retail centres, Mildura Central for $81.1 million. Lachlan MacGillivray of Colliers sold the 100% interest in the sub-regional shopping centre...
CarExpert.com.au pilots new car buying experience at Warringah Mall
Australia’s leading independent automotive website, CarExpert.com.au is piloting a revolutionary, customer-facing showroom and test drive hub at Westfield Warringah Mall. The bold new experiential concept is designed to help car...
Yamanto Central opens today ahead of schedule
Today the brand-new Yamanto Central opens its doors with Coles, Kmart and a host of specialty shops ready to serve the Ipswich community. Retail specialist Mainbrace Constructions has delivered the...
Works continue apace at Circular Quay’s $1.9b precinct
Works are progressing apace at what will be Circular Quay’s newest vibrant precinct, including Sydney’s tallest commercial tower – rising one floor every four days – as significant construction milestones...
CS Square sold by Lendlease retail fund
The Lendlease managed Australian Prime Property Fund Retail (APPF Retail) has reached agreement on the sale of CS Square in Victoria to DeGroup for circa $136.5 million. CS Square is...
Watergardens Homeplace sets Australian LFR transaction record
QIC Global Real Estate has sold a large format retail centre in Victoria for $97m, reflecting an initial yield of 4.75%. Watergardens Homeplace is a large format retail (LFR) centre...
Primewest snares large format retail Centre for $66m
In a hotly contested process, a fund managed by Primewest has fought off a deep pool of cashed-up investors to purchase the Robina Home + Life large format retail centre...
Newly opened Albury Convenience Centre hits the market
The Albury Convenience Centre is offered for sale exclusively by JLL Retail Investments on behalf of the owner, a syndicate managed by FINDEX, a financial advisory and accounting services firm. Anchored...
Melbourne’s Jam Factory set for $1.4b mixed-use precinct
The iconic Jam Factory is about to be reborn as Melbourne’s best mixed-use precinct across retail, office, hotel, entertainment and luxury apartment living under a landmark new agreement between Newmark...
2021 Big Guns Lunch
SCN hosted a great event last Friday. Our ‘Big Guns Lunch’ was generally seen as the industry’s first major event since COVID entered our lives a year ago. People mingled,...
Asian-inspired hawker lane to spice up $2.5b Rhodes Central precinct
The Billbergia Group is set to open Rhodes Central, the first stage of a new $2.5 billion mixed-use town centre precinct in July 2021. Billbergia representative Joseph Kinsella announced the...
Harris Scarfe returns to Sydney at newly launched Rockdale store
One of Australia’s most-loved and longest trading retailers, Harris Scarfe, has officially returned to Sydney by opening its Rockdale store last week. Spotlight Group acquired Harris Scarfe in early 2020...
CEO OUTLOOK 2021: Ralph Kemmler, Woolworths Group
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 2020 – a defining year for communities Working for Woolworths during 2020 was a unique...
Using PropTech to lower environmental footprint and improve customer experience
At AMP Capital Shopping Centres, they’re using AI to slash carbon emissions while improving air quality and customer comfort. One of their initiatives is a world first! Head of Asset...
CEO OUTLOOK 2021: Peter Allen, Scentre Group
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 We operate a business and brand that are important to our customers, essential to the...
Coles launches ‘Together to zero’ strategy to drive generational sustainability
As part of its ambition to be Australia’s most sustainable supermarket, Coles Group is launching a refreshed sustainability strategy built around the pillar of ‘Together to Zero’, commencing with targets...
CEO Outlook 2021: Michael O’Brien, QIC Global Real Estate
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 As I look back on the past year, it’s certainly been an extraordinarily challenging one...
CEO Outlook 2021: Grant Kelley, Vicinity Centres
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 Our communities and our industry faced extraordinary challenges during 2020 but we at Vicinity started...
CEO Outlook 2021: Louise Mason, Stockland
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 Retail experienced one of its most disruptive years yet in 2020, challenging the industry to...
CEO Outlook 2021: Michelle Tierney, SCA Property Group
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 There is no doubt that 2020 has been one of the most, if not the...
CEO OUTLOOK 2021: Kelly Miller, Mirvac
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 As a global community we have witnessed and experienced unfathomable sadness during this pandemic. Yet...
CEO OUTLOOK 2021: Brett Williams, AMP Capital
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 This year, I want to start my article by thanking each and every one of...
CEO OUTLOOK 2021: David McNamara, Lendlease
This CEO Outlook contribution was first published in SCN Vol. 39 No. 1, Big Guns 2021 No doubt we’re all glad to see the back of 2020. But despite lockdowns and...
Dexus and DWPF enter into implementation agreement with AMP Capital
Dexus has announced that along with the Responsible Entity of Dexus Wholesale Property Fund (DWPF), it has entered into an Implementation Agreement (IA) with the Independent Board Committee of AMP...
Forestway Shopping Centre sells for $100m
In the first major retail transaction of 2021, Invesco has sold Sydney’s Forestway Shopping Centre. The Shopping Centre was sold for $100 million to local Paramatta-based investor, Revelop. JLL’s Nick...
Lederer launches high school campus at Gosford’s Imperial Shopping Centre
The Lederer Group is proud to announce what is presumed is an Australian first, with the establishment of a high school within a shopping centre. ET Australia Secondary College, an...
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