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Woodlea Town Centre set to become a $45m destination for Melbourne’s west
Woodlea Town Centre set to become a $45m destination for Melbourne’s west
Due to launch in March 2021, the highly anticipated Woodlea Town Centre – to be known as Woodlea Town – will become the heart and soul of Aintree, touted by...
Stockland Birtinya’s $8m NightQuarter grand opening revealed
Stockland Birtinya’s $8m NightQuarter grand opening revealed
Stockland is pleased to announce that the highly-anticipated and award-winning NightQuarter is on track to open on Friday 6 November at Stockland’s $830 million Birtinya town centre on the Sunshine...
Federal Budget provides urgent relief to struggling retailers
Federal Budget provides urgent relief to struggling retailers
The Federal Budget will deliver almost $100 billion in new spending to support Australia’s recovery from the impacts of COVID-19. The retail sector will receive a boost from more money...
Nisha Rawal, Director, Urbis
Nisha Rawal, Director, Urbis
SCN invited five women leaders in the field of property research to give us their thoughts on the current state of the industry and the future. It’s an interesting feature....
Nerida Conisbee, Chief Economist, REA Group
Nerida Conisbee, Chief Economist, REA Group
SCN invited five women leaders in the field of property research to give us their thoughts on the current state of the industry and the future. It’s an interesting feature....
Jessica Wilkinson, Senior Research Manager, Lendlease
Jessica Wilkinson, Senior Research Manager, Lendlease
We invited five women leaders in the field of property research to give us their thoughts on the current state of the industry and the future. It’s an interesting feature....
Louise Burke, Senior Analyst, JLL
Louise Burke, Senior Analyst, JLL
SCN invited five women leaders in the field of property research to give us their thoughts on the current state of the industry and the future. It’s an interesting feature....
Kate Bailey, Head of Retail and Logistics Research, CBRE
Kate Bailey, Head of Retail and Logistics Research, CBRE
SCN invited five women leaders in the field of property research to give us their thoughts on the current state of the industry and the future. It’s an interesting feature....
From the Publisher – September 2020
From the Publisher – September 2020
One of the problems with ‘public opinion’ is that often the public doesn’t have sufficient knowledge to form one! ‘Percentage Rent’ has loomed into the commercial arena recently, with the...
Marrickville Metro development hits the home stretch
Marrickville Metro development hits the home stretch
The Inner West’s popular shopping centre, Marrickville Metro has announced its highly anticipated community-focused development is set to open mid-2021. Although COVID-19 has led to a delay in the centre’s...
HomeCo acquires Glenmore Park Town Centre for $150m
HomeCo acquires Glenmore Park Town Centre for $150m
In anticipation of the establishment of the HomeCo Daily Needs REIT, Home Consortium (HomeCo) has entered into a binding contract to acquire Glenmore Park Town Centre for $150 million and...
More than 10,000 SME retailers received rental assistance from shopping centre landlords
More than 10,000 SME retailers received rental assistance from shopping centre landlords
In its fourth SME retailer rental assistance update, the Shopping Centre Council of Australia (SCCA) today confirmed more than 10,000 small to medium-sized enterprise (SME) retailers were made offers or reached...
Harris Farm Markets returns to Queensland with two new stores
Harris Farm Markets returns to Queensland with two new stores
Family-owned Harris Farm Markets will open not one, but two stores in Brisbane, beginning with Clayfield in November before opening the flagship store at West Village in West End in...
Retail leasing momentum builds across the Dexus portfolio
Retail leasing momentum builds across the Dexus portfolio
Leasing activity is building momentum across the Dexus managed retail portfolio as the market shows signs of recovery with confidence levels rising following a challenging start to 2020.  At Beenleigh Marketplace...
Brand new state-of-the-art Shopping centre in booming Western Sydney comes to market
Brand new state-of-the-art Shopping centre in booming Western Sydney comes to market
JLL has listed a brand-new state-of-the-art neighbourhood shopping centre – Caddens Corner – coupled with an adjoining 3.3-hectare high-density residential development site in Sydney’s western growth corridor at Caddens, just outside of Penrith’s...
$1 Billion Pentridge Prison Project set to transform Melbourne’s Inner North
$1 Billion Pentridge Prison Project set to transform Melbourne’s Inner North
Retailers flock to be part of a unique new retail destination as transformation of the iconic Pentridge redevelopment nears completion. The project is focusing on hyperlocal leasing to create a...
Mirvac announces executive leadership changes with Susan MacDonald to depart
Mirvac announces executive leadership changes with Susan MacDonald to depart
Mirvac Group has announced changes to its Executive Leadership Team (ELT) and adjustments to its organisational structure to enhance and maximise operating efficiencies, with Chief Financial Officer, Shane Gannon and Head...
Cairns Central redevelopment powering ahead
Cairns Central redevelopment powering ahead
In July 2019, Lendlease announced the commencement of the $60 million redevelopment of Cairns Central. Today, Thursday 1 September, Queensland Treasurer and Minister for Infrastructure and Planning Cameron Dick, got to...
QVB partners with local artist to create ‘The 2020 Tree’
QVB partners with local artist to create ‘The 2020 Tree’
Following a challenging and extraordinary year so far, Sydney’s iconic Queen Victoria Building (QVB) has collaborated with celebrated local artist, Gerwyn Davies, on a new large-scale art installation in the...
Scentre Group reports half year operating earnings of $361 million
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...
Dexus positions for the recovery
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...
Shopping Centre industry direct financial support for retailers reaches $1.6 billion
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...
AsheMorgan announces $100m expansion to The District Docklands
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...
Sydney’s retail heart is changing. What is the future of CBD retail?
Sydney’s retail heart is changing. What is the future of CBD retail?
Bridget Fea heads up Brookfield’s National Retail Division and is looking after the leasing of its $2 billion Wynyard Place development. In this opinion piece, she looks at the transformation of George...
Mirvac Retail makes masks mandatory for its staff nationally
Mirvac Retail makes masks mandatory for its staff nationally
Mirvac Retail has today mandated masks be worn by all their staff in their centres where they are public facing to further enhance their safety and prevention procedures for the...
Victorian retailers and shopping centres face tough closures with Stage 4 restrictions
Victorian retailers and shopping centres face tough closures with Stage 4 restrictions
In the toughest restrictions to retail to date, Victorian Premier Daniel Andrews announced today all retail will close with the exception of supermarket, fresh food stores and pharmacies. The new...
South Australian billionaire Con Makris to sell high profile retail portfolio
South Australian billionaire Con Makris to sell high profile retail portfolio
The Makris Group is set to divest two prominent Adelaide retail assets, including Rundle Mall’s blue-chip City Cross Shopping Centre and office complex fronting Grenfell Street. The offering will also include...
Armstrong Creek Town Centre officially opens
Armstrong Creek Town Centre officially opens
The much-anticipated Coles-anchored neighbourhood shopping centre at the heart of the $1 billion future Armstrong Creek officially opens its doors today. The project located in the fastest growing area in Victoria, 7km...
David Jones divests Bourke Street Mall flagship menswear store for $121m
David Jones divests Bourke Street Mall flagship menswear store for $121m
David Jones has contracted to sell its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with the retailer’s plans to create a...
Vicinity takes $1.79 billion hit, while supporting the long-term sustainability of the retail industry
Vicinity takes $1.79 billion hit, while supporting the long-term sustainability of the retail industry
Vicinity Centres today announced independent valuations of its 60 directly-owned retail properties, which have resulted in a net valuation decline for the overall portfolio of 11.3% or $1.79 billion for...
Carmel Hourigan joins Charter Hall as AMP Capital execs depart
Carmel Hourigan joins Charter Hall as AMP Capital execs depart
Charter Hall Group has appointed Carmel Hourigan as Office CEO, replacing Adrian Taylor who will leave the company to pursue other opportunities.  Hourigan will join the Charter Hall Executive Committee...

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