Significant Town Centre Investment Opportunity in Adelaide on the market
Colliers have been exclusively appointed to sell Hollywood Plaza, a dominant, high-profile Town Centre in South Australia, on behalf of Moelis. The Centre is anchored by Coles and Woolworths supermarkets...
Colliers International’s Capital Markets Investment Review shows positive outlook for 2021
Colliers International’s Capital Markets Investment Review was released this week shows investment sales across the Office, Industrial, Retail and Hotels sectors, rebounded strongly in the second half of the year,...
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...
Ballarat Lifestyle Centre sells for $12.39 million
Troon Group’s Ballarat Lifestyle Centre has sold for $12.39 million in a strong signal that investor confidence has returned to the retail investment market. The centre sold to a Melbourne-based...
Stonebridge sells Ropes Crossing Village for $42m
Stonebridge Property Group has sold Ropes Crossing Village for $42 million. The Sydney neighbourhood shopping centre sold to an Offshore Investor after a select off-market EOI campaign, reflecting a yield...
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...
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...
Cairns Central celebrates grand opening of $60 million redevelopment
Member for Cairns and Assistant Tourism Minister Michael Healy joined Lendlease to celebrate the official opening of Cairns Central’s $60 million redevelopment. Cairns Central is the largest shopping Centre in...
Auburn Central sold to SCA Property Group for $129.5m
Elanor Retail Property Fund (ERF) announced it has exchanged unconditional contracts for the sale of the Auburn Central asset to SCA Property Group for $129.5 million, a 4.9% premium to...
Troon Group’s Ballarat Lifestyle Centre up for sale
Ballarat’s Troon Group has listed its brand new Ballarat Lifestyle Centre as the large format retail sector enjoys relatively good times on the back of COVID-19 related government stimulus and...
Entrada Shopping Centre up for sale in ‘Sydney’s second CBD’
Parramatta’s Entrada Shopping Centre has been brought to market, amid significant ongoing demand for non-discretionary retail investment opportunities. CBRE’s James Douglas has been appointed to manage the sale campaign on...
JLL appointed to sell HomeBase Wagga Wagga
JLL’s Retail Investments team, Nick Willis and Sam Hatcher, have been appointed to sell HomeBase Wagga Wagga via an expressions-of-interest campaign that closes on Thursday 12 November 2020. The more...
Elanor Investors Group acquires Riverside Plaza for $60m
Elanor Investors Group (ASX: ENN) has announced the establishment of a new managed fund, the Riverside Plaza Syndicate (“Syndicate”). Consistent with ENN’s strategy to reposition town centre retail real estate,...
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...
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...
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...
Shopping Centre Investment – Market Review FY20
It was a ‘split year’! The first half – July/Dec 2019 was ‘normal’; however the second half – Jan/Jun 2020 was anything but because COVID-19 arrived! Sales of shopping centres...
Two major Sydney metropolitan shopping centres sold to Primewest
Two key Sydney metropolitan neighbourhood centres Pemulwuy Marketplace and West Ryde Marketplace have sold to Primewest during the midst of COVID-19. In a combined transaction highlighting the demand for retail...
Shopping centre in Newcastle transacts for $47 million
Stirling Property Funds has acquired, Junction Fair, a neighbourhood shopping centre in Newcastle from funds manager Fortius following an extended settlement period resulting from the COVID-19 pandemic. Fortius sold the neighbourhood centre for $47 million...
JLL research confirms resurgence of neighbourhood centre transactions
According to JLL Research, the confidence in the supermarket sector escalates. The report states neighbourhood centre investments were $1.3 billion in 2019 or 21% of total retail transactions, nationally. While...
Woolworths to sell four strong performing neighbourhood shopping centres
Woolworths Group Limited are offering four retail investment assets for sale – Spring Farm and Wadalba in New South Wales, Keysborough South in Victoria and Bakewell, Northern Territory. The neighbourhood Shopping...
Elanor Retail Property Fund divests three retail assets
Following a strategic review, Elanor Retail Property Fund (ERF or Fund) is focusing on non-discretionary value-add retail assets and is conducting a structured sales program for the Fund’s Income assets....
Simon Rooney joins CBRE as Executive Managing Director, Retail Investments
Simon Rooney, arguably Australia’s leading Capital Markets broker, will join CBRE as Executive Managing Director, Retail Investments. Rooney is well known for the volume of retail transactions he has executed totalling...
GPT puts Norton Plaza on the market
The GPT Wholesale Shopping Centre Fund (GWSCF) today announced the launch of an International Expressions of Interest (EOI) campaign for the sale of its 100% interest in Norton Plaza, which...
Neeta City acquired for $83.5 million
New Funds Management Initiative Elanor Investors Group (“ENN” or “Group”) has established a new managed fund, the Fairfield Centre Syndicate (“Syndicate”), which has acquired Neeta City, a sub-regional shopping centre...
Bathurst’s premier large format retail centre on the market
Located on Sydney Road in Kelso, Bathurst Supa Centre is the region’s largest large format retail complex, anchored by major retailers including Fantastic Furniture, BCF and Petbarn. Perth-based syndicator Properties &...
Newcastle’s Junction Fair hits the market
Fortius Funds Management has put Newcastle’s Junction Fair Shopping Centre on the market, in a move expected to generate strong buyer interest. Located at the intersection of Newcastle’s most affluent suburbs...
Cranebrook Village bought by private investor
Cranebrook Village located in the western Sydney suburb of Cranebrook has sold for $48.1 million, representing a 5.29% yield to a Sydney based private investor. The area is undergoing significant development and...
Armidale Plaza up for grabs
Armidale Plaza Shopping Centre located in northern NSW, 130km inland from the coastline and approximately halfway between Sydney and Brisbane is for sale. The Shopping Centre boasts more than 17,000m2...
AMP Capital to sell Crossroads Homemaker centre
The prized Sydney metropolitan Crossroads Homemaker centre hits the market, located in Sydney’s south-west – it is the seventh largest of its kind in Australia. Located on the corner of Beech...
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