Bathurst Large Format Retail Centre transacts for $31.5 million
Sydney-based property fund manager Argus Property Partners, working in collaboration with development and investment firm Kaipara Property Group, has sold a large format retail complex in Bathurst for $31.5 million...
Newmark to sell Brandon Park Shopping Centre
A 100% interest in Brandon Park Shopping Centre in Melbourne’s established south-east is being offered for sale by Newmark Capital in response to strong investor interest. CBRE’s Simon Rooney, James...
Centennial buys stake in Parkstone Funds Management aiming to create $1bn niche retail portfolio
Last month’s sale of Bundaberg’s largest shopping centre – Hinkler Central – for $107 million through a partnership between Centennial and Parkstone Funds Management has cleared a path for Centennial’s...
Newly built sub-regional shopping centre hits the market
McVay Real Estate have been exclusively appointed to market for sale the 100% interest in Queen Street Village via an Expression of Interest campaign. Queen Street Village represents a rare...
International Valuation Standards to incorporate ESG from 2025
Landlords across APAC will need to start preparing for more questions from valuers about an array of different ESG elements for assets following changes to the International Valuation Standards (IVS),...
Smithfield Shopping Centre sells for $138 million
A major shopping centre in the Northern Cairns suburb of Smithfield has sold to investment manager Alceon and CPRAM Investments. JLL’s Sam Hatcher and Nick Willis, alongside Stonebridge’s Carl Molony...
ISPT to divest Dee Why Grand Shopping Centre
Amidst growing demand for retail property due to improving underlying fundamentals of the asset class, Dee Why Grand is being marketed formally for sale at a time where supply of...
Two Melbourne neighbourhood centres sold to private investors
Wyndham Vale Square and Drouin Central have been sold in the latest run of successful neighbourhood shopping centre transactions to private investors, demonstrating the ongoing demand in this retail investment...
Albany Creek Shopping Centre set to change hands
Growthpoint Properties Australia has listed the recently refurbished Albany Creek Shopping Centre for sale, amid the retail sector emerging as an investment haven. CBRE’s Joe Tynan and Michael Hedger together...
Five high-performing Westfield assets across New Zealand comes to market
An unprecedented portfolio of five prime, high-performing retail assets has come to market across New Zealand, offering a unique opportunity to acquire significant scale and diversity in the sought-after retail...
Fabcot delivered Woolworths centre to meet growing investor appetite
A newly constructed, strategically positioned neighbourhood shopping centre anchored by a high-performing Woolworths supermarket located 35 kilometres north of Perth CBD is being brought to market. The brand new 6,466m2...
Andergrove Village Shopping Centre set to change hands
Coles has listed Andergrove Village Shopping Centre for sale, amid strong private investor demand for the asset class. The centre, located at 35 Oak St, Andergrove, opened in 2021 and...
Eastgate Bondi Junction sold to Charter Hall for $126.95 million
In a year with heightened off-market activity and record low deal volume, the trophy sale of Eastgate Bondi Junction (Eastgate) was finalised in the final days of 2023, providing confidence...
Coles Morwell Shopping Centre hits the market
Coles Morwell in Melbourne’s Gippsland Region is set to test investor demand in the hotly contested neighbourhood shopping centre market. Coles Morwell is secured by a rare 15-year net lease...
Stockland Balgowlah trades for the first time to Revelop
Revelop have announced its successful purchase and settlement of Stockland Balgowlah. The 12,802m2 centre was developed by Stockland in 2009 and forms part of a large mixed-use development. Stockland Balgowlah...
The first Sydney metropolitan neighbourhood centre for 2024 comes to market
Richmond Mall has been listed for sale, representing the first Sydney metropolitan neighbourhood centre offered to the market in 2024. The recently refurbished neighbourhood centre is anchored by a strong...
Demand for Large Format Retail signals increased investment opportunity
JLL Retail Investments Australia & New Zealand has released its latest insights on the Large Format Retail (LFR) sub-sector, highlighting supply scarcity and strengthening fundamentals as the catalyst for increasing...
The Gold Coast’s Capri on Via Roma listed for sale
Stonebridge’s Philip Gartland and Carl Molony, alongside McVay Real Estate’s Sam McVay and Dan McVay, have been exclusively appointed on behalf of Mulpha to market for sale of the Gold...
Sharp yield for Victorian Woolworths anchored neighbourhood shopping centre
Neighbourhood shopping centre, Pakington Strand has sold on a benchmark yield of sub-5.50%. The sale was managed by Colliers’ Tim McIntosh and James Wilson in conjunction with Stonebridge’s Kevin Tong...
Coles anchored Whiteman Edge Village sold for $39m
JLL has announced the sale and settlement of Whiteman Edge Village and adjacent development site on behalf of Coles Group Property Developments for $39.067 million. Opened in June 2021, Whiteman...
Largest Melbourne CBD transaction of 2023 with sale of Mitchell & Milledge House
After more than five decades, the historically iconic Mitchell and Milledge House, two freehold properties situated on one of Melbourne CBD’s most prominent corners, have undergone a transaction, marking the...
Parkstone and Centennial buy Bundaberg’s biggest retail centre for $107m
Parkstone Funds Management, in partnership with fund manager Centennial, has exchanged contracts to purchase Bundaberg’s biggest and highest-performing retail precinct, the Hinkler Central Shopping Centre, for $107 million from QIC...
Hampton Central for sale in Melbourne’s affluent bayside
A strong-performing freestanding Woolworths supermarket on a net lease alongside a collection of prime retail shops hits the market. Stonebridge Property Group’s Justin Dowers and Kevin Tong have been exclusively...
Coles sells neighbourhood shopping centre in NSW for $33m
A neighbourhood shopping centre in the NSW Hunter Region has sold to a private investor for $33 million on behalf of Coles Group Property Developments. Huntlee Shopping Centre in North...
Coles buys Bingara Village neighbourhood centre
To support Wilton’s rapidly expanding population and increasing retail demand, Metro Property Development (Metro) has sold its retail neighbourhood centre site in Bingara Gorge to Coles. Spanning 450 hectares, Bingara...
Charter Hall divests Rosebud Plaza for $134.5m
In a year with reduced investment volumes across global capital markets, Charter Hall Retail (CQR) has divested a Melbourne Sub-Regional shopping centre in a $134.5 million deal that reaffirms investor...
Greenpool Capital acquires Dianella Plaza from Vicinity for $76.25m
Active Perth-based funds manager Greenpool Capital has purchased Dianella Plaza in Perth’s northern suburbs for $76.25 million to close out 2023. The transaction was struck at a $4.25m premium to...
Fawkner Property swoops on Cairns Central in $390 million acquisition
The Lendlease managed Australian Prime Property Fund Retail (APPF Retail) has exchanged contracts with Fawkner Property for the sale of Cairns Central in Far North Queensland for circa $390 million...
Haben acquires remaining interest in major Queensland Regional Shopping Centre
In a landmark transaction, Haben Property has acquired the remaining 50% in Stockland Townsville, a major regional shopping centre anchored by Myer in Queensland. Haben Property acquired the remaining 50%...
IP Generation sells Torquay Village to private Malaysian investor
Investors are continuing to seek out defensive bricks-and-mortar assets, with Coles-anchored neighbourhood shopping centre Torquay Village selling for $50 million to a private Malaysian investor who has various property holdings...
HomeCo divests Box Hill centre for $67.5 million in off-market deal
Investor sentiment for prime retail assets has been highlighted in the sale of HomeCo Box Hill, one of Melbourne’s most significant retail transactions of the year, acquired by private investors...
A 100% interest in MetCentre has exchanged hands for the first time in 40 years
In a landmark deal for both the retail and office sectors, MetCentre and 60 Margaret Street have been divested to investment manager, AsheMorgan for $796 million. JLL’s Retail Investments Australia,...
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