Melbourne’s Sunshine Plaza unveils redevelopment plans
Emerging as a beacon of prosperity in Melbourne’s west, Sunshine is becoming a new commercial hotspot, with Sunshine Plaza revealing the redevelopment plans for its current site. Approved by Brimbank...
Melbourne's Sunshine Plaza unveils redevelopment plans
Emerging as a beacon of prosperity in Melbourne’s west, Sunshine is becoming a new commercial hotspot, with Sunshine Plaza revealing the redevelopment plans for its current site. Approved by Brimbank...
First retailers revealed in Eastern Creek Quarter Stage 2
Anaconda, Officeworks and McDonald’s have been confirmed as the new major tenants in Stage 2 of the award-winning shopping, dining and entertainment destination, Eastern Creek Quarter (ECQ). Frasers Property Australia...
Ares and AMP pursue JV partnership
Under the proposed transaction with AMP, Ares would acquire 60% of Private Markets business and assume management control, with AMP retaining 40%. The Private Markets business includes AMP Capital’s infrastructure equity...
Retail First announces 4th year of ongoing partnership with Share the Dignity
Share the Dignity and Retail First Shopping Centres have teamed up for the fourth year running to make a real on-the-ground difference fighting period poverty through the upcoming March Dignity...
Hunter Valley centre acquired for $23 million
Boutique investment house TAMIM Asset Management has acquired a homemaker centre at Rutherford in the NSW Hunter Region. The 12,040m2 large format retail centre transacted for $23 million, reflecting a...
Val Morgan Outdoor secures rights at $1bn Armstrong Creek Town Centre
Val Morgan Outdoor (VMO) has secured an exclusive tender within the new $1 billion Armstrong Creek Town Centre, one of the largest urban developments in Victoria. Located just 7km south-west...
Retail sales perform with double digital growth
A promising start for retail as the latest preliminary results for January show Australian retail turnover rose 0.6% in January 2021, seasonally adjusted, according to trade figures released last week...
Mirvac steps up its commitment to inclusivity this Mardi Gras
In a year like no other for Mardi Gras, Mirvac is celebrating its commitment to truly supporting the LGBTQ+ community, with its 16 retail centres now included in ACON’s ‘Welcome...
Kmart confirms store opening at Highpoint
In exciting news for one of the largest shopping destinations in Melbourne’s West – Kmart Australia is set to open its doors at Highpoint Shopping Centre in late 2021. Highpoint...
Sydney’s first Locali to open at 388 George Street
One of Sydney’s best kept retail leasing deals can now be revealed with independent grocer, Romeo’s Retail Group, preparing to open Sydney’s first Locali by Romeo’s food market at 388...
Parramatta shopping centre changes hands for $41.4m
Amid strong ongoing demand for non-discretionary retail investment opportunities, a private Australian investment trust has acquired Entrada Shopping Centre in Parramatta for $41,435,000, reflecting an initial yield of 5.97%. CBRE’s...
Eastern Creek Quarter celebrates wellness
Western Sydney locals are invited to be well, live well and eat well at Eastern Creek Quarter (ECQ) with a new campaign focused on feeling healthy and looking great. The...
Lidcombe’s Adidas-anchored blue-chip asset for sale
A landmark high-profile investment at 55-59 Parramatta Road in Lidcombe hits the market and is expected to achieve a price of above $10 million – representing a net yield of...
Trophy retail asset in Sydney’s inner west is on the market
Colliers are facilitating the sale of Norton Central, a 1,420m2 two-level, retail complex in Leichhardt, Sydney. Built in 2004, Norton Central is located on Norton Street, the key retail and...
Gold Coast’s The Lakes receives development approval for retail village
Sunland Group has received DA approval to create a visionary new 7,500m2 retail village at the heart of its master planned community – The Lakes at Mermaid Waters. The visionary new retail...
Nicholas Street Precinct – the new urban heart of a revitalised Ipswich
Nicholas Street Precinct is the visionary new urban heart of a revitalised Ipswich, one of Australia’s fastest-growing regional cities. It’s a place of community, connection, creativity and commerce. The $250m project...
Stockland launches $300,000 in Care Grants
Stockland has announced the launch of its annual CARE Grants program for 2021. The program invites local not-for-profit and community groups to apply for funding to support local infrastructure, programs...
Springwood Mall announces $16m expansion plans
Springwood Mall confirms approval of its development application (DA) to Logan City Council for a $16 million centre redevelopment, which is scheduled for an immediate construction start. Stage One will...
Homewares retail investment opportunity in Waterloo
JLL together with IB Property have been appointed to sell Casba, 18 Danks Street, Waterloo, a multiple award-winning mixed-use development which is fully leased to premium brands with 217 years...
Lendlease announces new CEO as McCann retires
Lendlease Chairman Michael Ullmer has announced Steve McCann will retire as Group Chief Executive Officer and Managing Director and the Board’s decision to appoint Tony Lombardo, currently Chief Executive Officer...
Significant Town Centre investment opportunity in Melbourne on the market
Colliers and Stonebridge Property Group have been appointed to sell one of Australia’s best Town Centre investment opportunities with value-add potential, on behalf of Lendlease’s Australian Prime Property Fund Retail...
Vicinity’s leadership in luxury retailing grows
Vicinity Centres (Vicinity) has cemented its number one position in Australian luxury retailing with GUCCI opening the doors of its new Brisbane flagship at QueensPlaza. The iconic Italian fashion house...
Home-grown Virtual Reality comes to The Palms
First-in-the-city entertainment is coming to AMP Capital’s The Palms Shopping Centre. The Oasis, a made in New Zealand business success story, is an immersive entertainment destination with Virtual Reality (VR)...
Brookfield Place Sydney adds key retail offer ahead of completion
Romeo’s Retail Group will deliver a new-to-Australia, European-inspired food hall concept to the Sydney CBD, opening its Locali by Romeo’s at Brookfield Place Sydney. The food hall will anchor the...
Coles the first major Australian retailer to launch 90-minute Click&Click Collect offer on supermarket range
Coles is the first major retailer to launch 90-minute Click&Collect in Australia, making it even easier for busy Australians to shop with Coles Online. Now available at more than 400...
Significant Town Centre Investment Opportunity in Adelaide on the market
Colliers have been exclusively appointed to sell Hollywood Plaza, a dominant, high-profile Town Centre in South Australia, on behalf of Moelis. The Centre is anchored by Coles and Woolworths supermarkets...
Technology, customer experience and partnerships trending topics at NSW Retail Outlook 2021
It’s the industry event that easily might not have happened, but with restrictions eased, the Property Council of Australia’s (PCA) NSW Retail Outlook breakfast went ahead this year bringing the...
H&M to close non-performing Australian stores
When fast fashion retailer H&M opened its first Australian store at Melbourne’s GPO in 2014, the event drew huge crowds and excitement for the brand. Backed by an extensive marketing...
Lunar New Year brings Oxen strength to 2021
Lunar New Year 2021 falls on Friday 12 February this year, and although there isn’t the influx of Chinese tourists into Australia due to travel restrictions, the more than 1.2...
AMP Capital introduces new AutoMall concept
AMP Capital has today announced it has joined forces with one of the nation’s biggest automotive retail groups to revolutionise the traditional shopping centre mix and the way cars are...
$450m Australian retail portfolio listed for sale
A private syndicate of Australian based investors has listed a high-quality portfolio of 14 core retail assets for sale, with pricing expectations of up to $450 million. CBRE’s Pacific Head...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox
