The Square Mirrabooka celebrates NAIDOC with community fashion event
In Perth, The Square Mirrabooka are proud to be supporting and advocating for local Aboriginal business owners, artists, aspiring models, youth and community leaders. This July, the centre celebrated diversity...
Bayside Welcomes Victoria’s First Shopping Centre Vaccinations Hub
Vicinity’s Bayside Shopping Centre in Melbourne’s south east has welcomed a new COVID-19 vaccination hub, the first of its kind in Victoria. Taking advantage of Bayside’s strategic location in the heart of...
Karrinyup shopping centre launches Perth’s first Tesla Supercharger Station
West Australian Tesla drivers are set for a boost with the arrival of Perth’s first Tesla Supercharger station. Set to be the first in the Perth metropolitan area, six new...
New fresh food precinct opens at Runaway Bay
Runaway Bay Centre has cemented its place as the Gold Coast’s go-to destination for fresh produce and speciality ingredients with the opening of its new fresh food precinct. Situated on...
The Village Bacchus Marsh slashes its carbon footprint
The Village Shopping Centre, Bacchus Marsh in Melbourne’s north west is set to slash thousands of dollars off its power bill with its latest solar installation. Consisting of more than 1,700...
Three states in COVID lockdown signals a challenging period ahead for retail
More than $8 billion worth of retail trade is now at risk nationally with the COVID lockdown in Victoria extended for another seven days and South Australia in lockdown joining...
Regional Victorian transactions score $80 million combined
Transactions of convenience-based retail assets have continued their significant momentum with the sales of three key assets in Victoria; Coles Morwell for $27.85m, Torquay Village for $40m and Bunnings Horsham...
Beyond Blue and Rook Partners helping communities stay mentally well
Each year, REA Group’s Advantage Community Grants Program supports corporate involvement in community groups and non-profit organisations. The not for profit sector is currently being challenged by the combination of...
SA retail workers missing out on $68 million under current trading hour regulations
A new model by the Shopping Centre Council of Australia (SCCA) and National Retail Association (NRA) outlines substantial missed employment and wage opportunities for South Australians as a result of...
Woolworths unveils new frontier in retail shopping at Fishermans Bend
Residents in greater Port Melbourne are experiencing a new frontier in retail shopping as Woolworths Fishermans Bend Neighbourhood Shopping Centre opens its doors last week. The adaptive reuse of the...
Industry bodies call for good behaviour in challenging times
With Australia’s two biggest centres of economic activity now locked down, retailers, retail workers and shopping centres have joined forces with a five point action plan designed to protect business...
Automotive brand Genesis, Studio opens at Emporium Melbourne
Vicinity Centres continues to grow its diverse retail offering with the official opening of an Emporium Melbourne studio by design-focused premium automotive brand, Genesis. The innovative Genesis concept studio, opened...
Large Format Retail asset to hit the market in Melbourne’s north growth corridor
The newly constructed Craigieburn Junction Large Format Lifestyle centre in Melbourne’s northern growth corridor is set to come to market. The prime 30,000m2 asset is home to a diverse mix...
Construction underway at Woolworths Gordonvale Shopping Centre
A traditional Aboriginal Smoking Ceremony has signaled the start of construction of a new $20 million neighbourhood shopping centre at Gordonvale near Cairns. On completion the Woolworths Gordonvale Neighbourhood Shopping...
Extended Sydney lockdown will cost the retail industry $5 billion
Yesterday, Gladys Berejiklian, NSW Premier announced given the number of infectious cases in the community, the current lockdown will be extended for at least another two weeks until 11:59pm on Friday...
Regional centre Coles Swan Hill sells for more than $20 million
Regional investments continue to soar as Coles Swan Hill Shopping Centre, a regional Victorian Coles anchored neighbourhood centre transacted for $20.075 million, representing a yield of 5.08%. The shopping centre...
Small format concept ALDI enters the market
Following in the footsteps of supermarket giants Woolworths with Metro stores, and Coles with the ‘Coles Local’ concept, ALDI Australia has launched the first of its kind ‘Corner Store’ concept...
Haben Property Fund purchases Casey Central for $225 million
Haben Property Fund together with their Joint Venture Partner, The JY Group, have acquired Casey Central town centre for $225 million in Victoria’s largest sub-regional shopping centre sale in five...
Robina Town Centre announces ‘Partners for Change’ Recycling Program
In a Queensland first, QIC’s Robina Town Centre is partnering with not-for-profit organisation Container Exchange to launch ‘Partners for Change’ – a new container recycling initiative that will have significant...
Ellenbrook locals welcome new Woolworths supermarket at Primewest Brooklane Shopping Centre
Residents in Ellenbrook will now enjoy a brand new shopping experience with fresh food, convenience and value as the cornerstones of the Woolworths store located in Perth’s North East at...
Port Adelaide Plaza announces new retailers as it nears completion
Precision Group’s Port Adelaide Plaza will welcome an array of new offerings in the final stage of its highly anticipated $50 million development, which is on track to open, later...
Ryan Andersen, DMA Partners
The Shopping Centre industry is driven by people. It’s the skills and expertise of the people that manage, develop and evolve shopping centres for their communities that creates this great...
Fawkner Property acquires The Square, Mirrabooka for $195m
Melbourne based property fund manager, Fawkner Property has purchased the high performing centre The Square, Mirrabooka from the Perron Group. Fawkner Property also acquired the neighbouring freestanding medical centre, Mirrabooka...
New research shows Melbourne CBD recovery timeline
New research by Deloitte Access Economics shows Melbourne’s CBD economy will grow by $6 billion in 2021 and is on-track to return to pre-COVID levels by late 2024. The research...
Wesfarmers makes $687 million stake for Priceline
Major retailing group Wesfarmers (ASX:WES) has submitted a non-binding, indicative offer to the Board of Australian Pharmaceutical Industries Limited (“API”, ASX:API) for the purchase of the pharmaceutical retailer and distributor...
Shopping Centres and retailers willing and able to support vaccine rollout
The Shopping Centre Council of Australia (SCCA) today reiterated its standing offer to support the vaccine rollout, first made to chief medical officers and state governments earlier in the year. ...
$500m Mernda Town Centre acquired & construction starts
The directors of investment manager Occasio Projects have announced the acquisition of the $500m mixed-use Mernda Town Centre development from Woolworths. The project has strong financial backing from the three shareholders...
Extended NSW lockdown will cost a further $1 billion
Today, NSW Premier Gladys Berejiklian announced the current lockdown restrictions will be extended for another week until 11:59pm, Friday 16 July, given the ongoing cases of community transmission and following...
Stockland Wetherill Park unveils a vibrant new community mural
Bjarni Wark, has officially completed Fairfield’s newest 57-metre community mural located at the T-Way entrance to Stockland Wetherill Park Shopping Centre. Bjarni Wark is a multidisciplinary street artist and illustrator...
Retail industry calls for calm during lockdowns
The National Retail Association (NRA), Shop, Distributive and Allied Employees Association (SDA) and Shopping Centre Council of Australia (SCCCA) have called for consumers to remain patient towards retail and shopping...
Coles Woodend sells for a record $33.3 million
Coles Woodend, a 3,780m2 regional freestanding supermarket sold for $33.3 million, which represented a 4.31% yield. The property was sold to local diversified property player DeGroup. Stonebridge Property Group acted...
Pace sells its Ascot Vale project for $19.15m
Pace Development Group will close the financial year with a further $19.15 million added to its commercial results and new industry benchmark, having sold four tenancies at its Pace of...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox