March retail sales record 5.4% year-on-year growth as shoppers spend more than $35.3b
According to figures released by the Australian Bureau of Statistics (ABS), shoppers spent more than $35.3 billion across the country in March. The monthly ABS Retail Trade data for March 2023...
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...
Hollywood Plaza reveals plans for a multi-million dollar upgrade
Diversified developer LAS Group has unveiled a multi-million dollar suite of upgrades to the much-loved Salisbury Downs retail centre, Hollywood Plaza. The 28,700m2 shopping centre is situated 18km from Adelaide’s...
Superdry expands Victorian footprint with seventh store opening at Westfield Doncaster
International fashion brand, Superdry, best known for its sustainable jackets and outerwear, has opened its seventh store in Victoria with Superdry Doncaster launching on Saturday 29th April. Born from an...
Frasers Property gets green light for its final stage of Eastern Creek Quarter
A large-scale, innovative ‘outlet retail’ concept has been approved for Eastern Creek Quarter (ECQ), with Frasers Property Australia receiving masterplan consent for the third and final stage of its award-winning...
Sydney’s newest CBD food and lifestyle precinct opens with 15 exciting venues
15 exciting food and beverage operators have opened their doors at Sydney Place, the vibrant new precinct in one of Sydney’s most-loved waterfront destinations, Circular Quay. Five more will open...
Monopoly Shop Scan win returns to Vicinity Centres
The much-anticipated Monopoly Shop Scan Win campaign has returned to 50 selected Vicinity and DFO shopping centres, with more prizes up for grabs. Vicinity’s Monopoly Shop Scan Win is an...
Scentre Group lodges plans for Westfield Penrith expansion
Scentre Group have lodged a Development Application (DA) with Penrith City Council to create a new and activated front door at Westfield Penrith’s Riley Street to revitalise the existing shopping...
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...
SILK Laser receives acquisition proposal from API, a Wesfarmers company
SILK Laser (ASX:SLA) announces that it has received a non-binding, indicative and conditional proposal from Australian Pharmaceutical Industries (API) to acquire 100% of the shares in SILK, by way of...
Wing, DoorDash and Mirvac launch drone delivery in Ipswich QLD
Wing, Australia’s first on-demand drone delivery service, has partnered with DoorDash, the leading on-demand delivery platform, and Mirvac, one of Australia’s leading property groups, to launch the first drone delivery...
Birkenhead Point launches the ultimate retail therapy on Sydney Harbour
Mirvac’s brand outlet centre, Birkenhead Point, is taking retail therapy to a whole new level with an exciting series of shopper experiences. A must-stop destination for international tourists and day...
ISPT launches its 2023 Community Kickstart grant program
Local community groups play such a pivotal role in supporting Australian communities, so to celebrate the generous and caring work of these groups, ISPT has announced its Community Kickstart grant...
Ipswich’s dining scene flourishing with unrivalled leasing opportunities soon to be announced
An ever-evolving mix of culture and experiences where character, heritage and community coalesce, Nicholas Street is fast flourishing as a marketplace of flavours and is set to transform with a...
Harbour Town welcomes SA’s first super-sized premium outlet store
Six world-class and popular iconic brands have come together to debut Adelaide’s first super-sized premium outlet store at Harbour Town, the state’s only premium outlet shopping destination. Creating 50 local...
Artists apply the finishing touches to a series of murals at Stockland Rockhampton
Three talented artists have applied the finishing touches to a series of murals at Stockland Rockhampton, transforming the shopping centre with colourful and fun artworks inspired by the surrounding area...
Chadstone welcomes Blanc Noir a spectacle of interactive performance, cabaret, and street theatre
Chadstone – The Fashion Capital welcomes the arrival of its latest Entertainment Series, Blanc Noir – a spectacle of cabaret acts, street theatre and interactive performances inspired by the game of...
Elanor to acquire 100% of Challenger’s $3.4b Australian real estate funds management business
Elanor Investors Group and Challenger Limited have entered into agreements for Elanor to acquire 100% of Challenger’s $3.4 billion Australian real estate funds management business (“CRE”) for a maximum consideration...
Mirvac moves ahead with its Toombul renewal program
After a difficult 12 months for the Toombul community, Mirvac is continuing to move ahead with its Toombul renewal program. The centre has been closed since February 2022, due to...
Coles and Uber Eats to bring the largest national on-demand grocery offering to Australian homes
Coles and Uber Eats announce the expansion of their partnership, bringing Australian customers the largest national on-demand grocery delivery service within the UberEats app, with thousands of products available to...
Vicinity Centres reinvents the meaning of ‘Retail Therapy’
New research*, commissioned by Vicinity Centres, reveals that over half (53%) of Australians expressed they preferred in-store retail therapy, as opposed to shopping online. Despite the boom in e-commerce, consumers...
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...
QIC lodges DA for new retail, hotel, office and dining precinct at Castle Towers
Heralding the next development phase at Castle Towers in Sydney’s north-west, QIC has lodged a planning application for its newest project – The Village – a future-focused mixed-use lifestyle precinct that...
Fortius revitalises Central Park Mall with Sydney-first Fortress
Fortius Funds Management, now a part of Growthpoint Properties Australia, is soon to open a major player in the multi-million-dollar transformation of Central Park Mall on Sydney’s CBD Fringe, creating...
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,...
SCCA appoints Peter Huddle as new Co-Deputy Chair
Peter Huddle, Chief Executive Officer and Managing Director, Vicinity Centres, has been elected as the new Co-Deputy Chair of the Shopping Centre Council of Australia (SCCA). This follows the resignation...
Rundle Mall foot traffic doubles with festival season extended trading
Foot traffic in Rundle Mall more than doubled between 5-7pm during this year’s festival season (February 13 to March 19), thanks to extended trading hours granted by the State Government and...
Adelaide-first entertainment and dining precinct announced in major Rundle Place project
A first-of-its-kind entertainment and dining precinct is coming to Adelaide’s Rundle Place in a multi-million-dollar project to create Rundle Mall’s first day/night destination. Australasia’s largest fun company provider, Funlab, has...
Melbourne Central announces 14 new stores to open within the next three months
GPT’s Melbourne Central continues its retail expansion with the opening of 14 new stores within the next three months, including nine brand new stores and five refurbishments. Renowned as a...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox