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...
Vicinity announces Modern Slavery Statement
Vicinity Centres has released its first Modern Slavery Statement detailing how it will work to further embed ethical working standards across its business, helping to protect direct and indirect employees....
Online retail complements traditional businesses says NRA
Online sales are rocketing – up some 57% in 2020. But people like to shop; they like getting out of the house (as distinct from ‘lockdowns’). According to the NRA,...
How data makes retail property smarter
The biggest trend in the retail property space is the digital disruption enabled by data. The amount of data retail property managers now have access to is substantial – and...
Melbourne’s Sunshine Plaza unveils redevelopment plans
Emerging as a beacon of prosperity in Melbourne’s west, Sunshine is becoming a new commercial hotspot, with Sunshine Plaza revealing the redevelopment plans for its current site. Approved by Brimbank...
Melbourne's Sunshine Plaza unveils redevelopment plans
Emerging as a beacon of prosperity in Melbourne’s west, Sunshine is becoming a new commercial hotspot, with Sunshine Plaza revealing the redevelopment plans for its current site. Approved by Brimbank...
First retailers revealed in Eastern Creek Quarter Stage 2
Anaconda, Officeworks and McDonald’s have been confirmed as the new major tenants in Stage 2 of the award-winning shopping, dining and entertainment destination, Eastern Creek Quarter (ECQ). Frasers Property Australia...
Mirvac steps up its commitment to inclusivity this Mardi Gras
In a year like no other for Mardi Gras, Mirvac is celebrating its commitment to truly supporting the LGBTQ+ community, with its 16 retail centres now included in ACON’s ‘Welcome...
Sydney’s first Locali to open at 388 George Street
One of Sydney’s best kept retail leasing deals can now be revealed with independent grocer, Romeo’s Retail Group, preparing to open Sydney’s first Locali by Romeo’s food market at 388...
Parramatta shopping centre changes hands for $41.4m
Amid strong ongoing demand for non-discretionary retail investment opportunities, a private Australian investment trust has acquired Entrada Shopping Centre in Parramatta for $41,435,000, reflecting an initial yield of 5.97%. CBRE’s...
Nicholas Street Precinct – the new urban heart of a revitalised Ipswich
Nicholas Street Precinct is the visionary new urban heart of a revitalised Ipswich, one of Australia’s fastest-growing regional cities. It’s a place of community, connection, creativity and commerce. The $250m project...
Significant Town Centre investment opportunity in Melbourne on the market
Colliers and Stonebridge Property Group have been appointed to sell one of Australia’s best Town Centre investment opportunities with value-add potential, on behalf of Lendlease’s Australian Prime Property Fund Retail...
Vicinity’s leadership in luxury retailing grows
Vicinity Centres (Vicinity) has cemented its number one position in Australian luxury retailing with GUCCI opening the doors of its new Brisbane flagship at QueensPlaza. The iconic Italian fashion house...
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...
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...
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...
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...
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...
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...
How COVID-19 is impacting Back to School purchasing
Shopper Media’s latest Back to School Shopper Study reveals that half (50%) of all Australian shoppers are planning to purchase many back-to-school necessities from their local supermarkets. Karissa Fletcher, Head...
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...
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...
Cbus Property and Scentre Group commence works on $1 billion landmark development in Sydney
Cbus Property and Scentre Group have commenced construction on their $1 billion mixed-use development of the former David Jones department store at the corner of Castlereagh and Market Streets in...
The 2020 Christmas: COVID-safe and back to community
There is no doubt that 2020 has been unprecedented (that word again) and no one could have predicted what Christmas would look like in shopping centres following major lockdowns and...
Landmark Byron Bay shopping centre and development site to hit the market in 2021
One of the largest property holdings to ever hit the market in Byron Bay is set to launch for sale in early 2021. Mercato on Byron encompasses a major shopping...
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