Neighbourhood shopping centre in Metropolitan Melbourne for sale
Watervale Shopping Centre in Melbourne’s Taylors Hill is set to test investor demand in the hotly contested neighbourhood shopping centre market, following a year of record high transaction volumes in...
Marketplace Gungahlin tipped to fetch more than $400m
Private Australian property group Vinta is moving to sell the strongly performing Marketplace Gungahlin shopping centre in Canberra with price expectations of more than $400 million. Situated 11km north of...
JLL REVIEW: Retail investment resurgence
What happened to the shopping centre industry last year in terms of property transactions? You could be forgiven for thinking not much during a period of lockdowns and border closures....
Oreana Group’s Kallo Town Centre to test the market
Kallo Town Centre will test the market for a product that has become an investor favourite based on recession-proof, non-discretionary tenancy profiles and long leases to blue-chip tenants. The brand...
Landream to sell Sydney neighbourhood centre Beecroft Place
Stonebridge Property Group and Knight Frank have been appointed to sell a high-quality Sydney metropolitan neighbourhood centre, Beecroft Place, located in the affluent suburb of Beecroft, 22km to the Northwest...
Cameron Park Plaza in Newcastle hits the market
Colliers are launching Cameron Park Plaza, one of Newcastle’s newest neighbourhood shopping centres on behalf of Woolworths Group’s development business Fabcot. Cameron Park Plaza is anchored by a strong performing...
EG Funds acquires stake in Brisbane’s Grand Plaza Shopping Centre
EG’s Australian Core Enhanced Fund has acquired a half stake in Brisbane’s Grand Plaza Shopping Centre in a deal worth about $220 million as interest in sub-regional investment opportunities resurge....
Benowa Gardens sells for $60.5 million
Continuing a strong run of retail transactions in Queensland, the Benowa Gardens shopping centre, located on the Gold Coast, has sold for $60.5 million, reflecting a passing yield of 4.99%....
Dan Murphy’s-anchored retail investment acquired by HomeCo
HomeCo Daily Needs REIT has acquired a 10,929m2 site in Armstrong Creek from Wel.Co in an off-market sale negotiated by Colliers’ Tim McIntosh and Mike Crittenden for $21.5 million. The diversified...
Woolworths Group sells Sapphire Marketplace
A private investor has outlaid $54.05 million for Sapphire Marketplace on the NSW south coast as interest in sub-regional shopping centres continues to surge. The transaction was struck on a...
Woolworths-anchored neighbourhood shopping centre sells for $35.55 million
A private investor has snapped up a non-metro neighbourhood shopping centre in Queensland for $35.55 million. The Woolworths-anchored Fernvale Village, located an hour west of Brisbane, attracted 14 offers and...
Three prime Southeast Queensland retail centres to hit the market
Three high performing retail centres in Southeast Queensland are set to be brought to the market over the coming days. Burleigh Home + Life, Morayfield Village and Yamanto Village have...
Rochedale Village Shopping Centre listed for sale
The recently completed Rochedale Village shopping centre in Brisbane’s southern growth corridor has been listed for sale as investors continue to pursue convenience-focused retail investment opportunities. CBRE’s Joe Tynan and...
Perth’s Midland Gate shopping centre listed for sale
Midland Gate, the dominant regional shopping centre in Perth’s fast-growing north-eastern metropolitan corridor, has been listed for sale as major investors increasingly expand their focus to top-end retail investment opportunities....
Revelop grows retail portfolio with latest Tramsheds acquisition
After a competitive on-market campaign, Revelop is pleased to announce it has acquired the State Heritage Listed Tramshed’s at Harold Park in Sydney’s inner West. Located only four kilometres from...
Sunshine Coast convenience centre to hit the market
Brisbane-based boutique property investment manager Marquette Properties is set to bring Caloundra Village to the market over the coming days. Caloundra Village is a neighbourhood centre, strategically located in Caloundra,...
CBRE forecasts $68 billion could be channelled into the commercial real estate sector by Australian superannuation funds
Australian superannuation funds could channel at least $68 billion into the commercial estate sector over the next two years according to CBRE’s 2022 Pacific Real Estate Market Outlook, with immigration,...
Freestanding supermarkets to test Australia’s retail investment market in 2022
An ALDI supermarket in bayside Mordialloc has kicked off the first supermarket sale for 2022, while Coles Lalor and Woolworths Eltham are up for sale. ALDI Mordialloc was the first...
Lendlease’s Caneland Central comes to market as appetite for major retail assets continues into 2022
Investors are presented with a unique opportunity to acquire a 100% interest in a dominant regional shopping centre as Caneland Central comes to market, highlighting the improving appetite for major...
Lendlease fund lists two high-performing outlet centres in unique portfolio opportunity
Two of New Zealand’s best performing, premier retail outlet assets are expected to attract in excess of $300 million when they hit the market on behalf of Lendlease Real Estate...
Stake in regional shopping centre in Adelaide comes to market
Investors are presented with an opportunity to partner with one of Australia’s leading retail managers as a 50% interest in the Colonnades Shopping Centre in Adelaide is being offered to...
Colliers appoints Lachlan MacGillivray as Managing Director, Retail Capital Markets
Colliers is expanding its regional retail investment offering as demand soars, today announcing the appointment of Lachlan MacGillivray to the new position of Managing Director, Retail Capital Markets | Asia...
Major Greater Western Sydney town centre site available for sale
Stonebridge Property Group has been appointed to sell a major town centre development site located at 1 Kellicar Road, Macarthur, NSW. The B4 Mixed-Use zoned site occupies an expansive 2.55-hectare...
GPT sells Casuarina Square to Sentinel Property Group
Joint owners GPT and the GPT Wholesale Shopping Centre Fund (GWSCF) have exchanged contracts for the sale of Casuarina Square for a net sale price of $397 million. The centre...
Woolworths Schofields sells for $37.5 million setting a benchmark return
A Woolworths shopping centre located in a rapidly evolving northwest growth corridor of Sydney has sold to a private investor for $37.5 million. The modern centre, located in Schofields, is...
YFG acquires Strathpine Centre, appoints Retail First as managers
Retail First Pty Ltd has been appointed to manage Brisbane’s Strathpine Centre, becoming part of the management company’s South East Queensland portfolio of now 21 shopping centres. The announcement comes...
JLL Research shows transaction volumes of neighbourhood shopping centres up 64% in 10 years
Two separate neighbourhood shopping centres have sold for a combined value of more than $69 million, as the resurgence of COVID-19 across Australia spotlights the performance of this type of...
Kaipara Property Group marks 10 years with Wagga Wagga LFR deal
Sydney-based investors Kaipara Property Group, in conjunction with Argus Property Partners Group, has acquired the former Masters property in Wagga Wagga from HomeCo. The acquisition by Argus Kaipara Fund 2 (a...
Stockland sells Townsville sub-regional centre to Sydney-based investor
Stonebridge Property Group & JLL are pleased to announce the sale of Coles Kmart Plaza Townsville on behalf of Stockland and AMP Capital for $47.25 million. The asset was sold...
Adelaide investor swoops on AMP shopping centre in NZ
Adelaide-based Di Mauro Group has expanded its New Zealand retail portfolio with the NZ$88.8 million acquisition of prominent Christchurch regional shopping centre The Palms, situated 4km north-east of the CBD....
Dexus fund acquires additional 25% interest in Westfield Warringah Mall for $410 million
Dexus Wholesale Property Fund (DWPF) has exchanged contracts to acquire an additional 25% interest in Westfield Warringah Mall for circa $410 million, increasing DWPF’s interest to 50%, with Scentre Group...
Fawkner Property acquires Stockland Cairns for $146 million
Australian asset manager, Fawkner Property has acquired Stockland Cairns in an off-market deal that was transacted at the 30 June 2021 book value of $146 million, reflecting a core capitalisation...
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