Industry News

View as

VOGUE Australia presents Adelaide’s biggest shopping weekend
VOGUE Australia presents Adelaide’s biggest shopping weekend
While other major capital cities remain in lockdown, Adelaide will become host to one of the biggest shopping weekend’s the city has ever seen from the 8th to 10th October....
Australian retail turnover falls 1.7% in August while consumer sentiment remains high
Australian retail turnover falls 1.7% in August while consumer sentiment remains high
Australian retail turnover fell 1.7% in August 2021, seasonally adjusted, according to the Retail Trade figures released by the Australian Bureau of Statistics (ABS). This third consecutive monthly fall in...
Elanor establishes new managed fund to acquire $136 million Warrawong Plaza
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...
Woolworths opens Bannockburn Shopping Centre and supermarket
Woolworths opens Bannockburn Shopping Centre and supermarket
Woolworths’ newest neighbourhood shopping centre and supermarket at Bannockburn in Queensland’s City of Logan has opened its doors, providing the community a new shopping experience with fresh food, convenience and...
Bunnings properties attract strong investor demand
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...
Amazon Adventure arrives at The Square Mirrabooka
Amazon Adventure arrives at The Square Mirrabooka
The Square Mirrabooka in Perth has been transformed into an Amazon adventure zone, complete with tropical macaw birds, toucans and more. During the school holidays, kids and families can explore...
Shopping centres prepare to welcome back all customers and COVID-safe Santa
Shopping centres prepare to welcome back all customers and COVID-safe Santa
Shopping centres and retailers across the country have all been affected by various restrictions and lockdowns, but as we start to hit our vaccination targets, The Shopping Centre Council of...
APN Convenience Retail REIT acquires two new properties for $24.4 million
APN Convenience Retail REIT acquires two new properties for $24.4 million
APN Funds Management Limited as responsible entity for APN Convenience Retail REIT (AQR) has exchanged contracts to acquire Warrego Highway Travel Centre, in Queensland and conditionally exchanged contracts to acquire Dubbo...
Sydney investors buy up regional Victorian neighbourhood shopping centres
Sydney investors buy up regional Victorian neighbourhood shopping centres
Eastwood Village Shopping Centre in Bairnsdale and West Place Shopping Centre in Churchill, have separately transacted to Sydney based investors for a combined value of approximately $30 million. The JLL...
Melton Station Square Shopping Centre sells for $43 million
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
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...
Plans unveiled for $1.5b revitalisation of Melbourne’s iconic Jam Factory
Plans unveiled for $1.5b revitalisation of Melbourne’s iconic Jam Factory
Newmark Capital, GURNER™ and Qualitas have unveiled plans to transform Melbourne’s iconic Jam Factory into a $1.5 billion mixed-use precinct, spanning retail and entertainment, office and residential towers, an ultra-luxury...
World-leading heliostat technology crowns Sydney’s newest shopping centre
World-leading heliostat technology crowns Sydney’s newest shopping centre
The glittering golden jewel that crowns Billbergia’s 39-storey tower at Rhodes Central in Sydney’s Inner West, is much more than an eye-catching architectural feature for the Rhodes skyline. The 27-metre-high...
Karrinyup announces Sephora and new food and beverage venues
Karrinyup announces Sephora and new food and beverage venues
Perth’s first Sephora store, along with a huge line-up of hospitality venues, are set to launch this October at the new-look Karrinyup shopping centre. With more than 30 food and...
Port Adelaide Plaza announces retailers for its final stage
Port Adelaide Plaza announces retailers for its final stage
Precision Group’s Port Adelaide Plaza will welcome 12 new stores in the final stage of its highly anticipated $50 million development, including a first to South Australia health and fitness...
LEGO® certified store to open in Castle Towers
LEGO® certified store to open in Castle Towers
Alquemie Group and LEGO® Australia and New Zealand have announced a new LEGO® Certified Store will open in Sydney’s Castle Towers Shopping Centre in late 2021. The custom-built store will be...
Flagship development site: The Stockyards of Camden to transform the area
Flagship development site: The Stockyards of Camden to transform the area
Taking inspiration from development sites such as The Grounds in Alexandria, Hive Byron Bay and Habitat Byron Bay, The Stockyards of Camden has been designed, and will be built, with...
Retailers prepare for $11 billion in Christmas sales as Australians splurge
Retailers prepare for $11 billion in Christmas sales as Australians splurge
As confidence rises in line with vaccination rates, consumers are ready to unleash an economy-boosting wave of spending when life returns to normal, with Australians forecast to spend more than $11 billion...
Adelaide’s Gawler Green Shopping Centre hits the market
Adelaide’s Gawler Green Shopping Centre hits the market
Adelaide’s Gawler Green Shopping Centre has come to market as neighbourhood shopping centres continue to be the most resilient in the retail investment sector.  The neighbourhood centre, anchored by a full-line...
Stockland Burleigh Heads supports local charity with container refund program
Stockland Burleigh Heads supports local charity with container refund program
Queenslanders use close to three billion beverage containers every year – the second-most littered item in the state. To help minimise this impact, the Queensland Government introduced Containers for Change...
Stockland Baldivis launches ‘Book Nook’ in-centre
Stockland Baldivis launches ‘Book Nook’ in-centre
Stockland Baldivis has partnered with the Baldivis Leos, the youth arm of the Lions Club, to launch a book swap location within the retail centre encouraging customers to re-home their...
Highpoint Shopping Centre’s hosts virtual school holiday masterclass series
Highpoint Shopping Centre’s hosts virtual school holiday masterclass series
Back by popular demand, Highpoint Shopping Centre’s virtual masterclass series Highpoint Academy will once again provide fun and interactive food, science, craft and dance activities for children during the school...
Mirvac announces expansion of innovative WeShow retail offering
Mirvac announces expansion of innovative WeShow retail offering
Mirvac has announced the expansion of its Australian-first, rapid delivery retail model, WeShow, to three new locations across New South Wales and Queensland, following its successful pilot program at East...
Prominent site in Melbourne’s booming south-west to be aggressively pursued
Prominent site in Melbourne’s booming south-west to be aggressively pursued
Riverwalk Town Centre represents the first metropolitan Melbourne neighbourhood shopping centre development site to be publicly marketed in 2021 and is expected to receive strong interest from developers desperate to...
Robina Town Centre launches three-day shopping bonanza for locals
Robina Town Centre launches three-day shopping bonanza for locals
QIC’s Robina Town Centre is bringing back its massive Spring/Summer All Access Weekend by popular demand from Friday 17th to Sunday 19th September 2021. In celebration of the new season,...
Hawaiian joins forces with Perdaman for a clean energy future
Hawaiian joins forces with Perdaman for a clean energy future
Two major Perth metropolitan shopping centres have just gone green – installing solar panels to meet their energy needs while reducing their carbon footprint. Hawaiian’s Melville and Hawaiian’s Mezz shopping...
Sunshine Plaza named Queensland’s most sustainable shopping centre
Sunshine Plaza named Queensland’s most sustainable shopping centre
Sunshine Plaza has taken the title of Queensland’s most sustainable shopping centre after achieving a 5 Star Green Star Design and As Built rating from the Green Building Council of Australia...
QIC acquires Craigieburn Junction for $135 million
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...
HomeCo. fund acquires $222 million retail asset portfolio
HomeCo. fund acquires $222 million retail asset portfolio
HMC (HomeCo) Funds Management Limited, as responsible entity of HomeCo Daily Needs REIT (HDN), has entered into agreements to acquire a 100% interest in a portfolio of six assets for...
St Ives Shopping Village brings community together with art
St Ives Shopping Village brings community together with art
St Ives Shopping Village shares a unique connection with its local community and their very loyal customer base in Sydney’s North Shore. To engage with their shoppers during the challenging...
Queensland’s Distillery Road Market comes to life with weekend markets
Queensland’s Distillery Road Market comes to life with weekend markets
Despite COVID setbacks, Australia’s new entertainment hub is booming through phase 1 of its development. Since 2015, the Distillery Road Market (DRM) team has worked to revitalise the location and...
New South Wales prepares to re-open
New South Wales prepares to re-open
The much anticipated re-opening of retail and hospitality in NSW is set to happen within weeks when the state passes its 70% double vaccination target, under the roadmap to freedom released...

SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER

Get the latest industry news and insights delivered to your inbox

Responsivemockup2