Accent Group opens 800th store, celebrating 10 year milestone
Accent Group has reached a major milestone today, opening its 800th store, with Nude Lucy opening at Westfield Miranda. With 15 brands spanning across its 800 store network, Accent Group...
The GPT Group appoints new CEO and Managing Director
The GPT Group has appointed Russell Proutt as Chief Executive Officer and Managing Director (CEO), replacing outgoing CEO, Bob Johnston, who announced his retirement earlier this year. Proutt brings more...
World Square adds premium Asian supermarket, Gong Grocer to its burgeoning retail precinct
World Square brings premier Asian supermarket Gong Grocer to the heart of Sydney’s CBD, adding a new level of convenience and an innovative line of speciality products to the burgeoning...
50 years as an icon – Karrinyup celebrates its golden birthday
This September, Perth’s leading fashion and lifestyle destination is turning 50, with Karrinyup coming alive from every corner to celebrate the golden milestone. Officially opened in 1973 as a retail...
Westfield Knox announces new fashion retail precinct and refreshed food court
Westfield Knox has announced a number of new retailers set to join its new Australian and international fashion precinct when it opens later this year, as well as its relocated...
Haben Property Group buys 50% of Stockland Townsville for $115m
Dexus has divested its 50% non-management stake in Stockland Townsville on behalf of the recently acquired AMP Capital Shopping Centre Fund for $115 million in a deal that marks the...
Australian Unity Diversified Property Fund divests Woodvale Boulevard Shopping Centre for $36.5m
Becoming the sixth neighbourhood centre to trade in Western Australian in the past 12 months, Australian Unity Diversified Property Fund has divested Woodvale Boulevard to a local syndicator. Located 19...
Mortgagee set to sell Box Hill Town Centre
Receivers and Managers Joseph Hansell and David McGrath, together with their NSW Real Estate Solutions lead Glen Smith of FTI Consulting, are moving to sell a major retail/residential development site...
Mirvac Retail Centres bring big energy for Spring 2023
Mirvac Retail Centres are embracing the change of season this September, bringing all things Spring to life for customers in a BIG way. From trying a new look or cuisine,...
Region Group: Supporting better communities through life’s essentials
Region Group has more neighbourhood and convenience centres than anyone else – 103 last count! The Group has a goal of net zero carbon emissions by FY30 – and right...
Scentre Group to double onsite solar generation capacity
Scentre Group continues on its pathway to net zero with the recent completion of rooftop solar installations at Westfield Fountain Gate and Westfield Knox. Rooftop solar installations at Westfield Hornsby...
Retail sector increases accessibility of ‘pop up’ retailing code
The retail industry’s Casual Mall Licensing Code of Practice has become a whole lot more accessible, with the Code’s governance group today releasing Fact Sheets translated into Arabic, Hindi, Simplified...
New Leppington Village Shopping Centre officially opens its doors
Residents in south-west Sydney can now experience a new frontier in retail shopping at the Leppington Village Shopping Centre. Located at 108 Ingleburn Road, the new neighbourhood shopping centre is...
Melbourne Central records busiest month of foot traffic since the pandemic
Melbourne Central has announced the opening of 25 new stores between September and December this year, after recording its busiest month of foot traffic since the pandemic. More than four...
Scentre Group grows FFO to $556.6m driven by 9.8% increase in visitation
Scentre Group has released its results for the six months to 30 June 2023 with Funds From Operations (FFO) of $556.6 million, up 1.5% and Distributions of $427.7 million, up...
Scentre Group and Live Nation Entertainment to bring live performances across Westfield Australia and NZ
Scentre Group and Live Nation Entertainment, the world’s leading live entertainment company, have announced a new strategic partnership. The partnership will bring live music performances to select Westfield destinations across...
Vicinity delivers strong FY23 result buoyed by positive operating metrics and income growth
Vicinity Centres today announced its results for the 12 months ended 30 June 2023, with Net Profit After Tax (NPAT) of $271.5 million. Funds From Operations (FFO) increased by 14.5%,...
Retail therapy: How retail is the ‘third space’
This article by Harold Perks and Dr. Emil Jonescu of Hames Sharley is published in the latest edition of Shopping Centre News magazine. Generally, there are three elements to modern-day...
Emporium Melbourne unveils new co-working space
A brand new JustCo co-working centre will be located on the 4th floor of Vicinity’s Emporium Melbourne, in the heart of the (CBD). Scheduled to launch in the first half...
Nightlife: The after-dark experience
There is a worldwide initiative underway to create ‘after-dark’ experiences in major cities. Such experiences don’t just afford people pleasure and entertainment, they also extend the operating hours of CBD...
New Warbu Bellmere Shopping Centre officially opens its doors
Residents in Moreton Bay are set to experience a new frontier in retail shopping as Warbu Bellmere Shopping Centre opens its doors today. Located at 96 -110 Bellmere Road, the...
Food and hospitality – the key differentiator in evolving shopping centres
The term ‘retail centre’ is definitely ‘old-hat’. Today our centres are lifestyle destinations, pleasure domes, entertainment hubs, experiential spaces… the list goes on. In this article for SCN, Allan Forsdick...
How Experiential graphics can extend architectural design
‘Experiential’ is the new buzzword; everything now has to be experiential – even the graphics. But in this case, there’s definitely zero ‘tokenism’; graphics can make spaces pleasurable, they can...
JD Sports opens Australian flagship store at MidCity Centre
On Thursday 3rd of August, global sportswear giant JD Sports officially opened its Australian flagship store at MidCity Shopping Centre, bringing a huge range of iconic brands to Sydney’s Pitt...
REVELOP: A story of phenomenal growth
In the past few years, Revelop has sparked the industry’s interest by acquiring some prominent centres such as Stanhope Village, Tramsheds and Forestway to name but a few. But the...
Mirvac breaks ground at $2 billion Harbourside redevelopment
Construction has officially commenced at Mirvac’s Harbourside mixed use precinct, a significant milestone in the $2 billion revitalisation project which will deliver a critical missing piece of Sydney’s $15 billion...
New Zealand’s iconic outlet shopping destination, Dress Smart Auckland, is set to expand
Owned by Lendlease’s Real Estate Partners New Zealand and managed on the ground by Oyster Property Group, Dress Smart Auckland has received council resource consent to transform an adjacent carpark...
Northland celebrates launch of new entertainment and leisure precinct
Northland, one of Melbourne’s favourite shopping destinations, has unveiled its brand-new entertainment and leisure precinct, welcoming exciting new offers; The Sporting Globe, X-Golf and Hey Caddy, and Mad Mex. The...
Elanor Investors to sell major Melbourne retail asset
A 100% interest in the Waverley Gardens Shopping Centre is being offered to the market, providing investors with an opportunity to acquire 106,000m2 of freehold Melbourne land securely underpinned by...
AMP Capital Shopping Centre Fund to sell 50% stake in Westfield Tea Tree Plaza
A 50% stake in Adelaide’s successful Westfield Tea Tree Plaza is to be offered for sale on behalf of the AMP Capital Shopping Centre Fund (ASCF) amid increasing transaction activity...
Charter Hall sells convenience-based retail asset for $85 million
A 100% interest in a convenience-based sub-regional retail centre in Adelaide has sold for $85 million to FRP Capital. JLL’s Nick Willis and Sam Hatcher exclusively sold Brickworks Marketplace on...
Panthera Group brings unique development opportunity to market
Panthera Group is selling its pioneering retail development precinct – The Lanes Retail Resort – setting the stage for a visionary buyer, on either an international or local scale, to...
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