The Ray White Group launches RWC Retail
Led by Lachlan O’Keeffe and Michael Feltoe in partnership with the White Family, the new business – RWC Retail – aims to provide a dedicated team for the sale of...
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...
Investors set sights on Westfield Whitford City
An exceptional opportunity to acquire a 50% stake alongside Scentre Group in the super sub‑regional’ Westfield Whitford City has come to market and is set to generate a strong circa...
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...
Coles divests major mixed-use apartment and retail site for $44 million
Coles Group Property Developments has sold a high-profile mixed-use apartment and retail site in Sydney’s south for $44 million to facilitate the development of a new best-in-class supermarket. Property group...
TAMIM sells Newcastle neighbourhood shopping centre for $27 million
TAMIM Funds Management has sold Elermore Vale Shopping Centre in Newcastle to a Sydney private investor for $27 million. Elermore Vale Shopping Centre is secured by Ritchies IGA, along with...
Sydney’s iconic Manly Wharf acquired by the owners of Brisbane’s Howard Smith Wharves
Robert Magid’s TMG Developments has exchanged contracts on the $80 million sale of Manly Wharf to the owners of Brisbane’s Howard Smith Wharves (HSW). HSW founders and directors Adam Flaskas...
Centuria acquires Busselton Boulevard Shopping Centre
Centuria Capital Group has announced its acquisition of Busselton Boulevard Shopping Centre in WA for $16 million, following its recent acquisition of Margaret River Shopping Centre. The combined total for...
Googong retail development site sells, with construction expected to commence later this year
A retail development site situated in the heart of the award-winning Googong community, just 16km southeast of Parliament House and 8km south of Queanbeyan, has sold for $8.75 million. The...
Orange City Centre listed for sale following successful repositioning
Investment powerhouse Alceon and asset manager, CPRAM Investments are looking to divest its iconic regional NSW shopping centre, Orange City Centre, following a recent $24 million redevelopment. An Alceon syndicate...
Chirnside Lifestyle Centre transacts for over $50 million
Joint venture partners MaxCap Group and Troon Group have confirmed their recently completed development, the Chirnside Lifestyle Centre, has been sold for over $50 million on a 5.25% capitalisation rate...
Neighbourhood shopping centre in Queensland sells for $86 million
Park Ridge Town Centre, a neighbourhood shopping centre anchored by both Woolworths and Coles, has sold to a private investor for $86 million. RG Property purchased the centre as a...
Trident Capital Group acquires Coles in Middle Camberwell for $37m
A freestanding Coles supermarket in Middle Camberwell, Victoria, has transacted to a fund backed by Asian Capital. The asset, purchased by Trident Capital Group for $37 million represents a fully...
Vicinity Centres sells stake in Broadmeadows Central to Nikos Property Group
Melbourne-based Nikos Property Group has forged its second partnership with Vicinity Centres (VCX) after exchanging unconditional contracts to acquire a 50% interest in the Broadmeadows Central shopping centre in Victoria...
Dominant LFR asset in booming Tamworth is offered for sale
Tamworth Homespace, a large format retail (LFR) centre, has come to the market in regional NSW. JLL’s Nick Willis, Sam Hatcher, Sebastian Fahey and David Mahood have exclusively been appointed...
Retail investment outlook remains strong through 2023
The retail sector in 2023 is largely underpinned by attractive asset pricing, new sources of capital entering the sector and strong market fundamentals flowing on from 2022, according to JLL’s...
Temperatures rising – The street’s the place to go
Inflation, bond yields, wage rises, labour shortages, cash rates… the list goes on – and they all affect shopping centre valuations. There’s so much negativity around at the moment regarding...
Sekisui House announces strategic divestment in Ripley Town Centre
Sekisui House Australia has today announced its divestment of Ripley Town Centre — a 68-hectare, mixed-use master-planned community in south-east Queensland’s western growth corridor — following a comprehensive review of...
Growth prospects fuel investor appetite for Australia’s large format retail sector
Investors are turning their sights to large format retail centres as strong population growth forecasts and a limited supply pipeline enhance the sector’s income and value prospects. Large format retail...
Mintus secures Bathurst Chase and Cranbourne West Shopping Centre
Property investment and development firm Mintus has secured Bathurst Chase for $17.5 million from Quanta Investment Funds, as well as its first Victorian acquisition, Cranbourne West Shopping Centre, for $41.8...
Woolworths sells two Queensland centres for $66 million
Supermarket giant Woolworths Group has sold two of its newest neighbourhood shopping centres in South-East Queensland, to Brisbane private investors, for a combined price of $66 million amid continued demand...
Dexus completes $284.1 million in disposals with Deepwater Plaza sale
Deepwater Plaza, Woy Woy has been sold to a private investor for $111 million as interest in convenience-focused sub-regional centres continues to increase. Simon Rooney, CBRE’s Head of Retail Capital...
Lewis Land to sell Adelaide’s only purpose-built outlet shopping centre
The highly successful Harbour Town Premium Outlets, Adelaide’s only purpose-built outlet shopping centre, is being offered for sale for the first time on behalf of Lewis Land Group. The decision...
Perth shopping centre offered for sale for the first time in over a decade
Woodvale Boulevard shopping centre has been listed for sale, representing the first opportunity in more than 12 years to acquire this dominant neighbourhood shopping centre in the affluent northern Perth...
Fortius to sell Artarmon Home HQ
Artarmon Home HQ, a large format retail (LFR) centre located in the heart of Sydney’s Lower North Shore has hit the market, with McVay Real Estate Australia exclusively appointed to...
MPG divests Melbourne Mall in first Victorian neighbourhood transaction of 2023
Village Lakeside Shopping Centre in Melbourne’s Pakenham has sold in what is the first neighbourhood shopping centre to transact in Victoria in 2023. Located within the established suburb of Pakenham...
IP Generation completes its largest individual shopping centre acquisition to date
Lendlease’s Australian Prime Property Fund (APPF) Retail and co-owner Lendlease Group have exchanged contracts on the sale of Craigieburn Central to IP Generation for a gross price of $300 million...
Strong-trading Woolworths supermarket in regional Victoria for sale
A freestanding Woolworths supermarket with a rare net lease and high barriers to future competition in regional Victoria’s, Kerang – 60km from Echuca – hits the market. Woolworths Kerang represents...
Neighbourhood centre in Perth’s Rockingham listed for sale
ASX-listed Mustera Property Group are set to sell its Shoalwater Shopping Centre within Perth’s city, Rockingham. Positioned on a 1.47ha site, the neighbourhood centre has a 6.3 year WALE with...
Forest Hill Chase shopping centre sold for almost $260 million
Haben Property Fund and The JY Group have acquired a 100% stake in Forest Hill Chase Shopping Centre as investors continue to seek retail assets in metropolitan locations with long-term...
Challenger divests its 50% stake in Sunshine Marketplace for $66 million
A 50% interest in one of Melbourne’s largest sub-regional landholdings has sold for $66 million to Aware Real Estate with Altis Property Partners as manager for the transaction. Sunshine Marketplace,...
Trophy Ascot supermarket asset catches investors’ eyes
Nestled in the heart of Brisbane’s third most affluent suburb, 27 Alexandra Road, Ascot, has hit the market, leased by supermarket success IGA Marketplace. The property is being marketed by Ray...
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