Queensland’s largest retail sale in 2024 – Willows Shopping Centre changes hands for $212 million
The $212 million sale of Willows Shopping Centre, a major sub-regional shopping centre in Townsville, represents the largest retail transaction of the year in Queensland. The sale was exclusively brokered...
Mulpha wins approval to redevelop Norwest Marketown Shopping Centre site
Mulpha Australia, the parent developer of Norwest Business Park, has received unanimous approval from The Hills Shire Council to redevelop the Marketown Shopping Centre site, situated at 4-6 Century Circuit,...
Stake in a dominant regional centre in Melbourne up for sale
The GPT Wholesale Shopping Centre Fund is moving to sell a 50% interest in Northland Shopping Centre, a dominant regional shopping hub in Melbourne’s rapidly growing northern suburbs. Colliers and...
Brandon Park Shopping Centre sold for $107.5 million
HMC Capital has expanded its HomeCo Last Mile Retail Logistics (LML) Fund with the $107.5 million acquisition of Brandon Park Shopping Centre in Melbourne’s south-east. The property was sold by...
Government’s proposed merger reforms ‘poorly targeted and adds to regulatory burden’
As a highly affected industry, the Shopping Centre Council of Australia (SCCA) has expressed alarm with the Government’s proposed merger reforms, labelling them as “poorly targeted” where they go beyond...
Asian grocery chain Foodle opens its second mega-market in Victoria and plans for national roll out
On Tuesday 20 August, Foodle, one of Australia’s largest and most innovative Asian grocery chains, celebrated the opening of its second location at The Glen Shopping Centre in Victoria’s eastern...
Brisbane retail convenience hub to capitalise on resurgence in Australian shopping centre investment
Rochedale Central, which was built in 2018 on a 5,676m2 freehold site, is being marketed by JLL Retail Investment’s Ned McKendry, Liam Cox and Jacob Swan via a four-week Expressions...
QIC to sell 50% share of Claremont Quarter to Hawaiian
QIC has exchanged contracts with Hawaiian on the purchase of QIC’s 50% share of Claremont Quarter in Western Australia, making Hawaiian the sole owner of the centre. Claremont Quarter is...
Vicinity Centres finalises Australia’s largest retail transaction for 2024 with Lakeside Joondalup deal
Vicinity Centres has outlaid $420 million for a 50% stake in Western Australia’s coveted Lakeside Joondalup in Australia’s largest 2024 retail transaction. The exchange of contracts and settlement occurred on...
First retailers open at Victoria Cross, North Sydney
Victoria Cross, a new city block transforming the heart of North Sydney CBD and located directly above the new Sydney Metro Victoria Cross Station, has had its first wave of...
New inclusive park opens next to shopping destination in Sutherland Shire
A ground-breaking architecturally-designed children’s playground, celebrating nature, biodiversity, and inclusion, has opened at Australian developer Novm and Capital Corporation’s Woolooware Bay waterfront community in Sydney’s Sutherland Shire. Livvi’s Place at...
GPT’s Highpoint welcomes five stores to its growing retail offering
Highpoint Shopping Centre, the largest fashion and shopping destination in Melbourne’s West, has announced five new store openings this August which are set to elevate the world-class retail centre’s fashion...
Rundle Mall’s food & drinks offering grows
Rundle Mall has strengthened its reputation as a food and drinks destination, with eight new hospitality businesses opening in the shopping precinct in just the first six months of 2024....
Syndicator expansion signals growing demand for NSW neighbourhood centres
A strong performing neighbourhood centre in regional NSW has transacted off market for $18.3 million, showcasing the robust demand for neighbourhood centres after a flurry of deals in 2024. Northgate...
Cartology renews Mirvac partnership and extends into Broadway Sydney for the first time
Cartology has announced the successful renewal of their long term Retail Out of Home partnership with Mirvac, including the significant addition of Broadway Sydney for the first time. The agreement...
Mirvac to revive iconic Broadway building
Standing proudly within Sydney’s inner west for more than 150 years, the much-loved and iconic original Grace Brothers façade of Broadway Sydney is getting a makeover. Mirvac has started heritage...
Region Group unveils pipeline of repositioning projects
Region Group’s focus over the past 12 months and looking forward will continue to be unlocking value through a targeted investment strategy across a pipeline of centres. The active pipeline...
Large format retail centre anchored by powerhouse national retailers for sale
The first 100% interest in a major large format retail centre (LFR) in NSW this year is being offered to market, providing investors the opportunity to acquire a significant 28,770m2...
ISPT appoints Woods Bagot as masterplan architect for city-shaping Brisbane development
Property fund manager ISPT has announced architecture firm Woods Bagot as the masterplan architect for its mixed-use precinct, 150 Elizabeth Street in Brisbane. Woods Bagot was selected as masterplan architect...
Elanor to divest Manning Mall on NSW Mid North Coast
An opportunity to acquire a high-performing Coles-anchored sub-regional shopping centre on the NSW Mid North Coast has opened up, offering syndicators and funds attractive risk adjusted returns with the ability...
Adelaide sub-regional shopping centre for sale
A rare opportunity to acquire a stamp duty free 100% interest in a metro located, sub-regional shopping centre is set to attract strong interest as Arndale Shopping Centre in Adelaide...
Major New Zealand CBD redevelopment opportunity
A highly sought-after site, Reading Courtenay Central and associated landholdings in Te Aro Wellington boasts unlimited potential and significant value-add opportunities for developers with vision. JLL is bringing to market...
Deborah Coakley appointed QIC Real Estate Managing Director
Former Dexus Chief Executive – Funds Management, Deborah Coakley, joins QIC’s $112 billion alternatives platform to lead its Real Estate funds business and multi-billion development pipeline after Michael O’Brien chose...
Dee Why Grand Shopping Centre sold for $60 million
JLL, alongside Stonebridge, have completed the successful sale of Dee Why Grand Shopping Centre in Sydney’s Northern Beaches for $60 million. A private investor acquired the property, reflecting the robust...
The Strand at Coolangatta, Australia’s widest beachfront retail holding for sale
Located strategically between the globally recognised surf breaks of Snapper Rocks and Kirra, The Strand at Coolangatta, a 30,000m2 mixed-use lifestyle centre, has officially launched to the market, capturing the...
The Bourke – A new retail destination in the heart of Melbourne
Futuro Capital and EQT Exeter have undertaken a major $25 million upgrade, in line with the Melbourne CBD retail landscape, with four retail leases signed in its new development at...
Colliers welcomes Kate Strickland as Head of Retail Management Australia
Colliers has appointed Kate Strickland as Head of Retail Management Australia. Strickland arrives from JLL, where she served as Head of Retail for NSW over the past two-and-a-half years. Strickland’s...
Melbourne welcomes drone delivery as Wing launches at Eastland Shopping Centre
Wing, Australia’s first on-demand drone delivery service will launch in Victoria today, taking flight in Melbourne’s eastern suburbs. The introduction of drone delivery in the Maroondah City Council area and...
Elanor Investors Group appoints JLL as property management partner
Elanor Investors Group has announced its strategic partnership with global property services firm JLL, which has been appointed as the property management partner for Elanor’s Retail, Office, Healthcare and Industrial...
Samsung’s immersive brand partnership with Scentre Group BrandSpace unveiled at Westfield Sydney
Samsung Electronics Australia (Samsung) have unveiled a market-first, extensive brand experience with Westfield Sydney. Proudly activating in the heart of the Sydney CBD, and at one of the country’s highest-foot...
Knight Frank appointed to manage The Oasis at Broadbeach
Knight Frank’s Asset Management Services (AMS) team has been appointed to manage The Oasis, a mixed-use asset on the Gold Coast. The property at 75 Surf Parade in Broadbeach is...
Frasers Property’s retail portfolio number 1 in customer satisfaction
Frasers Property Australia’s retail portfolio is Australia’s top performer in terms of customer satisfaction, according to the 2024 Shopper Sentiment Report by Prescient Research. Using the Net Promoter Score+ (NPS+)...
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