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Ormeau Marketplace changes hands for $34m
Ormeau Marketplace changes hands for $34m
A private investor has purchased Ormeau Marketplace in South East Queensland from regional fund manager Clarence Property for $34 million. The deal was brokered by CBRE’s Joe Tynan and Michael...
Stake in Carlingford Court sells for $120.5m
Stake in Carlingford Court sells for $120.5m
Hong Kong-based JY Group has expanded its Australian shopping centre portfolio with the $120.5 million acquisition of a 50% stake in Sydney’s Carlingford Court. The purchase boosts the value of...
100% fully leased, ex-Kaufland site hits the market
100% fully leased, ex-Kaufland site hits the market
Previously part of a portfolio of nine prime retail land holdings owned by German Kaufland who exited the Australian market in 2020, the brand new 100% leased Chirnside Lifestyle Centre...
Coles Group to sell Ormeau Village Shopping Centre
Coles Group to sell Ormeau Village Shopping Centre
The recently developed Ormeau Village Shopping Centre is offered for sale for the first time by Savills’ Peter Tyson and Jon Tyson on behalf of Coles Group Property Developments. The...
Sky One Plaza hits the market
Sky One Plaza hits the market
Melbourne-based developer Golden Age will test the market with the sale of its award-winning mixed-use development Sky One Plaza in the heart of Box Hill.  Completed by Golden Age Group at the...
Oreana Property to develop retail heart of new Baldivis Parks community
Oreana Property to develop retail heart of new Baldivis Parks community
Frasers Property Australia has sold the site for the planned Baldivis Parks Neighbourhood Retail and Childcare Centre to Oreana Property. Oreana anticipates delivering the new neighbourhood retail and childcare centre...
Coles Toowoomba comes to market with expectations of circa $30m
Coles Toowoomba comes to market with expectations of circa $30m
A brand new, freestanding full-line Coles Supermarket and Liquorland in one of Australia’s fastest-growing regional hubs has come to market. Opened in July 2020, Coles Toowoomba is supported by one...
Dandenong Plaza sells for $145 million in off-market deal
Dandenong Plaza sells for $145 million in off-market deal
The Dandenong Plaza retail complex in Melbourne’s growing south-east has been acquired by development group Pelligra for $145 million. The sub-regional centre has a developed masterplan to expand and activate...
Challenger to sell sought after stake in Sunshine Marketplace
Challenger to sell sought after stake in Sunshine Marketplace
A 50% interest in the dominant Sunshine Marketplace shopping centre in Melbourne’s inner west growth corridor has been put up for sale. The metropolitan Melbourne shopping centre on mega landholding...
Regional neighbourhood shopping centre with hotel development potential hits the market
Regional neighbourhood shopping centre with hotel development potential hits the market
Newly refurbished The Village on Summer Street, which occupies the largest single landholding in Orange CBD, has been listed for sale via an Expressions-Of-Interest campaign. The Village on Summer Street...
Transformational year for HomeCo following successful merger with Aventus
Transformational year for HomeCo following successful merger with Aventus
It’s been a big year for HomeCo Daily Needs REIT (HDN) with the Aventus merger now completed and delivering. The Group’s full-year results (ending 30 June 2022), underscore the strong strategic...
Homeworld Helensvale sells for $265 million
Homeworld Helensvale sells for $265 million
Queensland’s premier large format and daily needs centre, Homeworld Helensvale, has sold for $265 million. The sale represents the largest Queensland LFR transaction on record and the second largest in Australia....
Recently renovated Beaudesert Fair Shopping Centre listed for sale
Recently renovated Beaudesert Fair Shopping Centre listed for sale
Beaudesert Fair Shopping Centre, the largest within south-east Queensland’s Scenic Rim Region, has been listed for sale after undergoing an extensive repositioning and capital expenditure program. Located 65km south of...
Quanta Investment Funds announces first acquisition under new banner
Quanta Investment Funds announces first acquisition under new banner
Australian property investment group, Quanta Investment Funds (Quanta) has announced the settlement of its acquisition of Yamanto Village, 422-436 Warwick Road, Yamanto in Ipswich, Queensland last week for $21.1 million. The...
The role of inflation in shopping centre values
The role of inflation in shopping centre values
The world is changing! Inflation has arrived, unemployment is down and wages are on the increase. What has been ‘normal’ for the past decade is now abnormal. Someone’s kicked the...
St Ives Shopping Village listed for sale
St Ives Shopping Village listed for sale
Well-known and much-loved community landmark St Ives Shopping Village, together with 11 adjoining properties in the heart of Sydney’s leafy North Shore, presents a major redevelopment opportunity. The centre and...
Perth shopping centre changes hands in $81.5m off-market deal
Perth shopping centre changes hands in $81.5m off-market deal
Greenpool Capital and Savills Investment Management have purchased the Forest Lakes Shopping Centre in Perth’s south-eastern suburbs for $81.5 million. Located in the inner-Perth suburb of Thornlie, 15km from the...
Chatswood CBD investment and landbank to be sold with approved mixed-use potential
Chatswood CBD investment and landbank to be sold with approved mixed-use potential
A strategic income-producing opportunity providing developers access to a rare freehold Chatswood CBD investment and landbank with masterplan approval for a 27-storey mixed-use development hits the market. Stonebridge Property Group...
CVS Lane and CPG place South-East Queensland retail asset portfolio on market
CVS Lane and CPG place South-East Queensland retail asset portfolio on market
CVS Lane and Consolidated Properties Group (CPG) have commenced a formal sales and marketing campaign for five of the neighbourhood shopping centres in their South-East Queensland portfolio. The centres, which...
Highly sought-after Melbourne metropolitan shopping centre hits the market
Highly sought-after Melbourne metropolitan shopping centre hits the market
Stonebridge Property Group’s listing of Rivergum Village Shopping Centre will test the market for a non-discretionary and highly convenient neighbourhood centre in metropolitan Melbourne. Rivergum Village Shopping Centre is strategically...
Lendlease Sub-Regional Retail Fund assets for sale
Lendlease Sub-Regional Retail Fund assets for sale
The Lendlease Sub-Regional Retail Fund (LLSRF), an unlisted wholesale fund managed by the global real estate group, will test investor demand for a portfolio of three dominant convenience-based sub-regional centres...
Newmark acquires Large Format Retail property in Brisbane for $57m
Newmark acquires Large Format Retail property in Brisbane for $57m
Newmark REIT Management Limited as the responsible entity of Newmark Property REIT has announced the exchange of a contract for the acquisition of a large format retail (LFR) property in...
Last retail centre near Sydney’s Opera House for sale
Last retail centre near Sydney’s Opera House for sale
The last retail opportunity amongst Sydney’s Opera House, with a front-row seat to Sydney Harbour including 38 metres of waterfront frontage, is being taken to the market with a price guide...
Woolworths-anchored Gold Coast shopping centre with major development upside hits the market
Woolworths-anchored Gold Coast shopping centre with major development upside hits the market
A high-performing Woolworths-anchored shopping centre in the Northern Gold Coast Growth Corridor with potential for future development has come to market. Located on Foxwell Road, The Woolworths Coomera East Shopping...
Newcastle’s East End Village retail precinct hits the market
Newcastle’s East End Village retail precinct hits the market
Development and hospitality group, Iris Capital is selling East End Village within the state-of-the-art mixed-use development East End Master Plan Project, one of Newcastle City’s most significant revitalisation projects of...
SCA Property Group acquires portfolio of five neighbourhood centres for $180 million
SCA Property Group acquires portfolio of five neighbourhood centres for $180 million
A highly sought-after neighbourhood retail portfolio comprising five assets across Queensland, Adelaide and Perth has been bought by SCA Property Group for $180 million. The portfolio consists of Brassall Shopping...
Oreana Group bolsters development pipeline with Melbourne shopping centre site
Oreana Group bolsters development pipeline with Melbourne shopping centre site
Oreana Group has acquired Riverwalk Town Centre from Development Victoria for $12.3 million following a contested campaign. Riverwalk Town Centre is a prominent 3.01ha site within Development Victoria’s highly successful...
Frasers is selling Coorparoo Square in Brisbane
Frasers is selling Coorparoo Square in Brisbane
Frasers Property Australia is selling Coorparoo Square, the shopping, dining and entertainment destination located in inner Brisbane, just 4.5km from the Brisbane CBD. Opened in November 2017, the shopping centre...
Centuria expands institutional healthcare and retail portfolios
Centuria expands institutional healthcare and retail portfolios
Real Estate Funds Manager, Centuria Capital Group, has secured $223 million worth of healthcare and daily needs retail assets on behalf of existing institutional partnerships. Centuria, via its existing daily...
Highfields Plaza sells for $16.3m in off-market deal
Highfields Plaza sells for $16.3m in off-market deal
Highfields Plaza, located near Toowoomba, has sold for $16.3 million in an off-market transaction, adding further to strong buyer activity for neighbourhood centres. Savills’ Peter Tyson and Jon Tyson handled...
QIC divests Castle Mall for $105 million
QIC divests Castle Mall for $105 million
In a statement from QIC Real Estate, Managing Director, Michael O’Brien, confirmed QIC had settled on the sale of Castle Mall (NSW) with The Hills Shire Council. O’Brien said the...
Crossroads, one of Australia’s largest LFR assets for sale
Crossroads, one of Australia’s largest LFR assets for sale
A 100% interest in Crossroads is being offered to market, providing investors with the opportunity to acquire the 143,520m2 freehold Sydney metropolitan landholding over four separate titles. Crossroads Centre at...

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