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...
Vicinity optimises its portfolio with divestment of Runaway Bay, acquisition of Harbour Town now unconditional
Vicinity Centres has exchanged contracts to sell its 50% interest in Runaway Bay Centre in Queensland to Perth-based Greenpool Capital in partnership with Qualitas, for $132 million, while its acquisition...
Link acquires iconic Sydney CBD retail portfolio for $538.2 million
Hong Kong’s Link REIT has acquired a 50% interest in trophy Sydney retail assets the Queen Victoria Building (QVB), The Strand Arcade and The Galeries in a landmark transaction valued...
SCA acquires Delacombe Town Centre for $112 million
Delacombe Town Centre has been sold by Troon Group to SCA Property Group for $112 million reflecting an implied fully let yield of 5.34%. The off-market sale was brokered by JLL’s...
GPT Wholesale Shopping Centre Fund divests Wollongong Central
Haben Property Fund and Hong Kong-based JY Group have acquired a 100% interest in Wollongong Central for $402 million in the largest regional shopping centre sale nationally in more than...
CIP sells stake in Roselands Shopping Centre for $167 million
Fast growing investor JY Group has outlaid $167 million for a 50% interest in one of Sydney’s oldest shopping centres – Roselands Shopping Centre in Sydney’s south-west. JY Group already...
Ownership in Macquarie Centre and Pacific Fair secured in record $2.2 billion deal
AMP Capital today announced new partners in the AMP Capital Retail Trust (ACRT). UniSuper, one of Australia’s leading superannuation funds and Cbus Property, one of Australia’s leading property investors and...
Woolworths Group to sell major NSW south coast shopping centre
Woolworths Group is set to sell Sapphire Marketplace, a triple major sub-regional shopping centre located in Bega on NSW’s south coast, following continued strong investor demand for non-discretionary retail investment...
Primewest Secures Northgate Shopping Centre and Potts Point Retail Centre
Centuria Capital Group subsidiary, Primewest, has secured two retail assets – Northgate shopping centre in Geraldton for $71.2 million and Woolworths-anchored daily needs retail precinct within Potts Point’s OMNIA mixed-used development for...
Perron sells 50% stake in Runaway Bay Shopping Centre for $128 million
Perth’s Greenpool Capital in partnership with investment firm Qualitas has made its latest retail play, acquiring a 50% stake in the Gold Coast’s Runaway Bay Shopping Centre for $128 million....
Elanor establishes new managed fund to acquire $136 million Warrawong Plaza
Elanor Investors Group (ENN) has established Warrawong Plaza Fund to acquire the Warrawong Plaza shopping centre for $136.35 million. The acquisition reflects an attractive 7.75% fully leased yield and $3,143...
Bunnings properties attract strong investor demand
More than $412 million in freestanding Bunnings Warehouse investments have transacted in 2021 year-to-date, across 11 assets. The strong level of purchaser competition continues to highlight the increased depth of...
Melton Station Square Shopping Centre sells for $43 million
Melton Station Square Shopping Centre has transacted via an off-market deal for $43 million representing a 4.83% fully leased yield further demonstrating the strong demand and yield compression that is...
Woolworths Greenvale Lakes sells on a sub 4% yield
The brand-new Woolworths Greenvale Lakes supermarket, BWS and two speciality shops has transacted for $27.7 million, representing a sharp yield of 3.95% and demonstrates the continued positive sentiment around retail investments...
QIC acquires Craigieburn Junction for $135 million
QIC Active Retail Portfolio Fund (QARP) has exchanged unconditionally with PGIM to acquire Craigieburn Junction, a large-format retail centre in Melbourne’s North, for $135 million. The sale was brokered by...
Dexus taps global market interest in iconic $700m retail play
Leading Australian retail owner managers, institutional funds and heavyweight offshore investors are expected to lead the bidding for landmark stakes in the Gold Coast’s Pacific Fair Shopping Centre and Sydney’s...
Mount Pleasant Centre sells for $162.5 million
Melbourne based fund manager Fawkner Property has acquired the Mount Pleasant Centre in north Queensland for $162.5 million amid strong investor demand for sub-regional shopping centres. The centre is recognised...
Albury Convenience Centre sells for $29.5 million
The Albury Convenience Centre has been acquired by Melbourne based investors Collective Capital for $29.5 million reflecting a yield of 6.21%. The transaction was negotiated by JLL’s Stuart Taylor, Tom Noonan...
Caringbah development site to hit the market, Oatley Village Square sells
Coles Group Property Developments is moving to sell a major mixed-use apartment and retail site in Sydney’s south amid strong ongoing investor interest in non-discretionary and supermarket-anchored retail assets. CBRE’s...
APPF Retail to sell key stake in Harbour Town Premium Outlets centre
A 50% joint venture stake in the landmark Harbour Town Premium Outlets centre on the Gold Coast is being offered for sale by Lendlease on behalf of the APPF Retail...
Mirvac sells Cherrybrook Village for $132.8 million
Stonebridge Property Group & McVay Real Estate have announced the sale of Cherrybrook Village on behalf of Mirvac for $132.8 million. Cherrybrook Village is a dominant and established 9,382m2 neighbourhood...
Makris Group boosts Adelaide shopping centre sale tally to $181 million
South Australian developer Antunes Group has snared Adelaide’s Hallett Cove Shopping Centre for $71 million in the latest in a three-centre Makris Group portfolio sale program totalling $181 million. CBRE’s...
SCA buys Toowoomba’s Drayton Central for $34 million
The acquisitive SCA Property Group has closed another Queensland deal, snapping up the Drayton Central Shopping Centre in Toowoomba for $34.34 million. The transaction is SCA’s third Queensland acquisition in...
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