Landmark Developers announce first commercial project in Melbourne’s west
Residents of Thornhill Park in Melbourne’s west will soon have access to their own $45 million town centre known as Central Square, following the tick of planning approval from the...
Cygnet West secures property management of Primewest’s WA retail portfolio
Commercial property agency Cygnet West has secured Western Australia’s most significant retail property management deal, having been appointed to manage a portfolio of 15 shopping centres owned by funds managed...
Scentre Group delivers 18.3% growth in FFO with strong half year results
Scentre Group has released its results for the six months to 30 June 2022 with an Operating Profit of $540.5 million up 17.5% compared to the prior corresponding period and...
Charter Hall supports community with $300K fuel and grocery Gift Card Giveaway
As the cost of living rises across Australia, 27 Charter Hall shopping centres around the country are supporting its communities to relieve some financial pressures of the weekly grocery shop...
GPT launches its first Smart Energy Hub powered by Shell Energy
The official launch of Chirnside Park Shopping Centre’s Smart Energy Hub, an Australian first in partnership with Shell Energy took place today, Monday 22nd August. The Centre will become The...
Mirvac Retail launches ‘Bark Fest’ in celebration of International Dog Day
Six Mirvac Retail Centres will launch ‘Bark Fest’ on Saturday 20 August, with a week-long festival of events and activities from pet photos to pooch pampering and treats in celebration of...
The Coles Local concept is coming to WA for the first time
Perth customers will soon be able to enjoy the popular Coles Local supermarket format as Coles prepares to expand the concept into Western Australia by the end of the year....
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...
Vicinity’s FY22 results driven by strong operational execution and resilient retail sector
Vicinity Centres has released its results for the year ended 30 June 2022. FY22 was a year of recovery and progress at Vicinity, with the results highlighting strong operational and financial...
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....
Paradise Centre to unveil beachside dining precinct next month
The Gold Coast’s iconic Surfers Paradise will soon welcome a new beachfront dining hotspot as Paradise Centre unveils eight new dining offerings as part of a stunning revitalisation set to...
GPT delivers solid results despite uncertain economic environment
The GPT Group has announced its results for the six months to 30 June 2022, delivering a solid result in the half, despite the ongoing impacts of the pandemic and...
Shopping Centre Council of Australia elects Anthony Mellowes as Chairman
Anthony Mellowes, Chief Executive Officer of SCA Property Group, has been elected as the new Chairman of the Shopping Centre Council of Australia (SCCA) following the retirement of Peter Allen...
Shopper Impact to deliver synchronised campaign creative across multiple screens
Shopper, Australia’s leading retail out-of-home business, launches Shopper Impact to deliver synchronised campaign creative across multiple screens in prominent shopping centre locations. Advertisers can now capitalise on side-by-side screens at...
Distillery Road Market reveals new anchor tenant
Distillery Road Market (DRM) has revealed its brand new anchor tenant – Perentie Brewing Co. – a bespoke $6 million-dollar, one million litre, architect-designed brewery specialising in independently crafted Lager...
Colliers Research: Brisbane CBD’s retail market boom
Brisbane has often lived in the shadows when compared to the likes of Sydney and Melbourne, however, in recent years the city has started to shake off that persona and...
Tipalea Partners unveil brand new $40m Glebe Hill Village
Construction on Tipalea Partners’ brand new $40 million Glebe Hill Village retail centre has officially reached completion, delivering the first new neighbourhood shopping centre in metropolitan Hobart in more than...
Retailers and consumers to benefit from earlier Sunday trading for Adelaide
The Malinauskas Labor Government has drafted legislation and will now begin formal consultation to allow for earlier trading on Sundays. The reforms will allow South Australians to shop from 9am...
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...
Legislation to prohibit managed parking (shopping centres only) – a case study of flimsy policy
Ask anyone in our industry – from the first-year executive to the CEO, “Why do shopping centres charge for parking after a certain free period?” You’ll get only one answer:...
Store openings up in past twelve months, but closures continue
GapMaps, a cloud-based location intelligence platform, has released its annual Fast Food & Quick Service Restaurant (QSR) report, providing valuable insights on the number of store openings and closures in...
BIG W joins Woolworths in iconic Sydney Town Hall location
Woolworths Group has brought together its two iconic retail brands under one roof with a brand new BIG W now housed alongside a new-look Woolworths Supermarket at Sydney’s Town Hall....
World Square celebrates Chinese Valentines Day
In a bid to embrace, celebrate and expand multiculturalism, World Square is celebrating the most romantic festival on the Chinese calendar with a giant balloon heart installation in commemoration of Chinese’s...
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...
Charter Hall signs long-term renewable energy supply agreement with ENGIE
Charter Hall has signed a significant Power Purchase Agreement (PPA) with global renewal energy giant ENGIE Australia & New Zealand, to supply 100% electricity from renewable sources across the Group’s...
Honeybees create a buzz at Ripley Town Centre
Ripley Town Centre has become a hive of activity with the introduction of six colonies of honeybees in partnership with Bee One Third, to enhance environmental, economic and health benefits...
Winterfest kicks off at Ed.Square Town Centre
From August 1 to 31, Ed.Square will be transformed into a vibrant winter wonderland, lighting up the shopping and entertainment precinct in southwest Sydney. Expect magical days and neon nights...
Mixed purpose: The importance of delivering ‘soul’
Do we rely too much on ‘peak trading times’ – Christmas, Mother’s Day, Easter and so on? Are ‘quiet times’ simply unavoidable and just part of everyday shopping habits? What...
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...
Westfield switches to 100% renewable electricity in Queensland
Scentre Group has signed an agreement with CleanCo, the Queensland Government-owned renewables, low emissions, and hydro company, to source electricity from 100% renewable sources for its Queensland portfolio of Westfield...
Bankstown Central announces major retailers as part of centre upgrade
Bankstown Central has announced new retailers set to join the centre later this year as part of the revitalisation of the centre’s retail precinct. International retailer, Uniqlo, will expand its...
DA lodged for new retail neighbourhood centre at Bingara Gorge
Metro Property Development (Metro) has lodged a development application with Wollondilly Shire Council to build a contemporary retail neighbourhood centre, centrally located in Wilton’s Bingara Gorge masterplanned community in Sydney’s...
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