Industry News

View as

Dexus appoints Kirrily Lord as Executive General Manager, Retail
Dexus appoints Kirrily Lord as Executive General Manager, Retail
Dexus has announced the appointment of Kirrily Lord as Executive General Manager, Retail. Kirrily brings extensive retail experience to the role, most recently serving as Group Director, Customer & Asset...
QIC launches first-of-its-kind Job Connect+ platform to boost local employment opportunities
QIC launches first-of-its-kind Job Connect+ platform to boost local employment opportunities
QIC Real Estate introduces Job Connect+, an innovative online recruitment platform designed to connect jobseekers with employment opportunities at their local QIC shopping centre, perfectly timed to meet the demands...
HomeCo Warners Bay sold for $56.5 million
HomeCo Warners Bay sold for $56.5 million
Cosgrove Group has acquired a large format retail centre from HomeCo Daily Needs REIT in the Newcastle growth corridor of Warners Bay, NSW for $56.5 million via Colliers. The transaction...
Competition for Neighbourhoods heating up
Competition for Neighbourhoods heating up
Australia’s neighbourhood shopping centres have become increasingly sought after. Their attractive development controls and prime locations enhance their appeal, while a constrained supply pipeline further drives up demand. In this...
Stockland’s S Connect Initiative: Connecting brands and communities – wherever they are
Stockland’s S Connect Initiative: Connecting brands and communities – wherever they are
In an era where community engagement and innovative partnerships are more crucial than ever, Stockland’s S Connect initiative is leading the charge in redefining how brands interact with consumers. From...
ISPT sells stake in Sydney’s Warriewood Square for $135.5 million
ISPT sells stake in Sydney’s Warriewood Square for $135.5 million
The Sydney-based JY Group has further expanded its Australian shopping centre portfolio with the $135.5 million acquisition of a 50% interest in Sydney’s Warriewood Square. The purchase lifts the value...
Emporium Melbourne welcomes new international retailers
Emporium Melbourne welcomes new international retailers
Emporium Melbourne continues to elevate its status as a premier fashion destination with the arrival of three world-renowned brands: On, GANNI, and Coach. Ahead of its 10th birthday this month,...
Westpoint Shopping Centre sold in record-breaking deal
Westpoint Shopping Centre sold in record-breaking deal
In a landmark moment for Australian retail, Westpoint Shopping Centre in Blacktown has been sold to Haben and Hines for circa $900 million, marking the largest individual retail asset transaction...
Major Melbourne regional shopping centre set to be divested by QIC
Major Melbourne regional shopping centre set to be divested by QIC
Investment powerhouse QIC is moving to sell a 100% interest in Woodgrove Shopping Centre in Melbourne’s growing outer west region. Part of the offer includes a separately titled Woolworths-anchored neighbourhood...
Tipalea Partners offers Hobart’s Glebe Hill Village to market
Tipalea Partners offers Hobart’s Glebe Hill Village to market
One of Australia’s finest neighbourhood shopping centre developments and Top 10 Mini Gun, Glebe Hill Village is set to test investor demand in the retail sector. The Tipalea Partners development...
QueensPlaza Illuminates with Birrunga Gallery artwork
QueensPlaza Illuminates with Birrunga Gallery artwork
Vicinity’s QueensPlaza is kicking off this year’s Indigenous Business Month by illuminating its exterior with specially tailored artwork from Birrunga Wiradyuri of Birrunga Gallery. Illuminated for the first week of...
Melbourne Walk tops out
Melbourne Walk tops out
The centrepiece of the Bourke Street Mall revitalisation, Melbourne Walk officially topped out in September, marked by a ceremony attended by the City of Melbourne Lord Mayor Nicholas Reece. Developed...
Perth neighbourhood centre offered for sale
Perth neighbourhood centre offered for sale
Woolworths Aveley Shopping Centre in Perth’s north is being offered to market, providing investors with a rare opportunity to acquire a strong-performing modern neighbourhood centre in a high growth Perth...
Westfield Carindale welcomes new dining line-up in reimagined food precinct
Westfield Carindale welcomes new dining line-up in reimagined food precinct
Westfield Carindale has officially unveiled its exciting new dining retailers as part of its revamped food and entertainment offering. The highly anticipated dining precinct, located on Level 1, now features...
Vicinity Centres launches Batman-themed experiences across the country
Vicinity Centres launches Batman-themed experiences across the country
Warner Bros. Discovery Global Consumer Products is celebrating the Dark Knight in a big way to honour Batman’s 85th anniversary. A landmark partnership with Vicinity Centres leads the way, bringing...
New Zealand’s first purpose built premium outlet shopping centre is now open
New Zealand’s first purpose built premium outlet shopping centre is now open
Auckland Airport’s premium outlet shopping centre, Mānawa Bay, is now open. The centre, created to connect Kiwis with global and local brands at discount prices, is home to almost 100...
The hotly anticipated Hello Kitty Cafe opens at Chadstone
The hotly anticipated Hello Kitty Cafe opens at Chadstone
On Friday 20 September, Chadstone welcomed a bespoke, pop-up Hello Kitty Cafe to celebrate the 50th anniversary of Sanrio’s much loved character. Fans, foodies and pop culture enthusiasts joined Chadstone...
Joondalup Square offered to market for first time
Joondalup Square offered to market for first time
Colliers and Cygnet West are jointly bringing to market for sale, Joondalup Square, a single-level, open-air Large Format Retail Centre (LFR) located in Joondalup, 26 kilometres from the Perth CBD....
Coles to anchor Mambourin Marketplace as construction kicks off
Coles to anchor Mambourin Marketplace as construction kicks off
Mambourin locals and residents in the West Melbourne growth corridor will soon enjoy the convenience of a full-line Coles supermarket at Mambourin Marketplace, in the heart of Frasers Property Australia’s...
Grand Plaza celebrates its 30th anniversary
Grand Plaza celebrates its 30th anniversary
Grand Plaza will celebrate 30 years since it first opened this October, and to celebrate, the centre is offering customers the chance to win a share of over $60,000 in...
Mirvac collaborates with renowned artist for its new Spring campaign
Mirvac collaborates with renowned artist for its new Spring campaign
Shoppers at Mirvac retail centres are in for an exciting experience this spring, as vibrant and larger-than-life artworks by the renowned artist Micke Lindebergh will be put on display across...
Eastland opens Australian-first St John Ambulance store
Eastland opens Australian-first St John Ambulance store
Community safety has been given a boost with the opening of a first-of-its-kind St John Ambulance Victoria store and training hub at Eastland shopping centre in Melbourne. The Australian-first St...
Dexus fund sells stake in Westfield West Lakes for $174.75 million
Dexus fund sells stake in Westfield West Lakes for $174.75 million
Scentre Group and Barrenjoey have stepped up their shopping centre funds management ambitions by acquiring a half stake in Adelaide’s Westfield West Lakes for $174.75 million. CBRE’s Head of Retail...
Stake in major Melbourne shopping centre hits the market
Stake in major Melbourne shopping centre hits the market
ISPT is bringing to market its 50% interest in Cranbourne Park Shopping Centre, providing investors with an opportunity to acquire a share in a dominant sub-regional shopping centre underpinned by...
Queensland’s largest retail sale in 2024 – Willows Shopping Centre changes hands for $212 million
Queensland’s largest retail sale in 2024 – Willows Shopping Centre changes hands for $212 million
The $212 million sale of Willows Shopping Centre, a major sub-regional shopping centre in Townsville, represents the largest retail transaction of the year in Queensland. The sale was exclusively brokered...
Sephora brings new retail concepts and expands its footprint for growing community of beauty enthusiasts
Sephora brings new retail concepts and expands its footprint for growing community of beauty enthusiasts
Celebrating its 10th anniversary in Australia, Sephora unveils its Melbourne flagship store, the largest Sephora store in Australia and New Zealand at 693m2. Opening Thursday 5 September, the new store...
Mulpha wins approval to redevelop Norwest Marketown  Shopping Centre site
Mulpha wins approval to redevelop Norwest Marketown Shopping Centre site
Mulpha Australia, the parent developer of Norwest Business Park, has received unanimous approval from The Hills Shire Council to redevelop the Marketown Shopping Centre site, situated at 4-6 Century Circuit,...
Stake in a dominant regional centre in Melbourne up for sale
Stake in a dominant regional centre in Melbourne up for sale
The GPT Wholesale Shopping Centre Fund is moving to sell a 50% interest in Northland Shopping Centre, a dominant regional shopping hub in Melbourne’s rapidly growing northern suburbs. Colliers and...
Brandon Park Shopping Centre sold for $107.5 million
Brandon Park Shopping Centre sold for $107.5 million
HMC Capital has expanded its HomeCo Last Mile Retail Logistics (LML) Fund with the $107.5 million acquisition of Brandon Park Shopping Centre in Melbourne’s south-east. The property was sold by...
Government’s proposed merger reforms ‘poorly targeted and adds to regulatory burden’
Government’s proposed merger reforms ‘poorly targeted and adds to regulatory burden’
As a highly affected industry, the Shopping Centre Council of Australia (SCCA) has expressed alarm with the Government’s proposed merger reforms, labelling them as “poorly targeted” where they go beyond...
Asian grocery chain Foodle opens its second mega-market in Victoria and plans for national roll out
Asian grocery chain Foodle opens its second mega-market in Victoria and plans for national roll out
On Tuesday 20 August, Foodle, one of Australia’s largest and most innovative Asian grocery chains, celebrated the opening of its second location at The Glen Shopping Centre in Victoria’s eastern...
Brisbane retail convenience hub to capitalise on resurgence in Australian shopping centre investment
Brisbane retail convenience hub to capitalise on resurgence in Australian shopping centre investment
Rochedale Central, which was built in 2018 on a 5,676m2 freehold site, is being marketed by JLL Retail Investment’s Ned McKendry, Liam Cox and Jacob Swan via a four-week Expressions...

SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER

Get the latest industry news and insights delivered to your inbox

Responsivemockup2