Mastery by Crown secures Woolworths Metro
Mastery by Crown secures Woolworths Metro
Residents of Waterloo are set to have a new Woolworths Metro on their doorstep after the supermarket signed a lease to become the anchor tenant at the planned Mastery by...
ABS December sales figures confirm Christmas splurge
ABS December sales figures confirm Christmas splur...
Australian retail turnover fell 4.1% in December 2020, seasonally adjusted compared to November, which saw a major increase as Victoria came out of lockdown; but in annual terms retail turnover remains...
Port Adelaide Plaza reduces environmental impact
Port Adelaide Plaza reduces environmental impact
The team at Port Adelaide Plaza aims to reduce the impact on the environment by taking advantage of the natural resource of rainwater cascading off the centre’s roof. Port Adelaide Plaza’s...
Mirvac Shopping Centres now powered by 100% renewable electricity
Mirvac Shopping Centres now powered by 100% renewa...
Mirvac is forging ahead on its commitment to being net positive carbon by 2030, announcing that as of 1 January 2021, all 16 of its retail shopping centres will be...
Colliers International’s Capital Markets Investment Review shows positive outlook for 2021
Colliers International’s Capital Markets Investm...
Colliers International’s Capital Markets Investment Review was released this week shows investment sales across the Office, Industrial, Retail and Hotels sectors, rebounded strongly in the second half of the year,...
Colliers appoints Lyn Gray as Head of Retail Management
Colliers appoints Lyn Gray as Head of Retail Manag...
Lyn Gray has been appointed as the Head of Retail Management within the Real Estate Management team at Colliers International Australia. Gray succeeds Dale McDermid, who has recently retired from Colliers and...
A Summer of Soul at Tamworth Square
A Summer of Soul at Tamworth Square
For the Tamworth community, the cancellation of the 49th Country Music Festival was both a financial and emotional blow. The annual festival attracts an estimated 40,000 visitors to town each...
Makris Group divests $110m retail portfolio in Adelaide
Makris Group divests $110m retail portfolio in Ade...
Makris Group has realised a $110 million portfolio transaction comprising two major Adelaide assets in a sign of ongoing demand for strategically located retail properties with future value-add potential. Sydney...
Macarthur Square becomes the official home of Macarthur FC
Macarthur Square becomes the official home of Maca...
Macarthur Square, in partnership with Macarthur FC, have been celebrating their sponsorship of the club and Macarthur FC’s inaugural A-League season, through an exciting program of in centre activity. Thursday...
Ballarat Lifestyle Centre sells for $12.39 million
Ballarat Lifestyle Centre sells for $12.39 million
Troon Group’s Ballarat Lifestyle Centre has sold for $12.39 million in a strong signal that investor confidence has returned to the retail investment market. The centre sold to a Melbourne-based...
New waterfront dining and fresh food precinct headline Runaway Bay upgrades
New waterfront dining and fresh food precinct head...
The Gold Coast’s Runaway Bay Centre is set to undergo a modern makeover giving customers a new alfresco casual dining precinct and fresh food precinct, powered with the aid of...
Castle Towers delivers two major upgrade projects
Castle Towers delivers two major upgrade projects
Despite the challenges that came with 2020, Castle Towers succeeded in delivering two major upgrade projects – an upgrade of the Piazza alfresco dining precinct and an upgrade of Levels...
Stonebridge sells Ropes Crossing Village for $42m
Stonebridge sells Ropes Crossing Village for $42m
Stonebridge Property Group has sold Ropes Crossing Village for $42 million. The Sydney neighbourhood shopping centre sold to an Offshore Investor after a select off-market EOI campaign, reflecting a yield...
Buchan’s architectural vision for Sylvia Park
Buchan’s architectural vision for Sylvia Park
Buchan’s signature architectural work in the retail and hospitality space is widely evident at New Zealand’s brand-new retail district, Sylvia Park. Kiwi Property unveiled its $277 million, 20,000m2 Level 1...
Highpoint’s interactive LEGO Play Zone
Highpoint’s interactive LEGO Play Zone
During the school holidays, LEGO legends and learners were invited to experience Highpoint’s LEGO Play Zone – an interactive play space for kids. The LEGO Play Zone brought the world’s most...
The City of Sydney launches retail innovation program
The City of Sydney launches retail innovation prog...
In an effort to support CBD businesses, The City of Sydney’s Adapt and Advance webinar series kicks off today and is targeted at the retail and hospitality sector. A second...
Vicinity posts lower valuations
Vicinity posts lower valuations
Vicinity Centres today announced a net valuation decline of 4.0% or $570 million for the six-month period to 31 December 2020 for its 60 directly-owned retail properties, following independent valuations...
JLL transacts one of the largest retail shopping centre assets of 2020 in Victoria
JLL transacts one of the largest retail shopping c...
Stockland have continued their divestments of shopping centres with The Pines Shopping Centre in Doncaster, Victoria being sold for $155 million. The transaction marks one of the first retail assets...
Zara to join the retail mix at Karrinyup as part of $800m development
Zara to join the retail mix at Karrinyup as part o...
Spanish apparel retailer Zara has been announced as the latest global heavyweight to join Karrinyup Shopping Centre’s fashion offering, with the new store set to open as part of the...
ABS reports double digit retail sales growth in November
ABS reports double digit retail sales growth in No...
Australian retail turnover rose 7.1% in November 2020, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures, with total retail turnover rising a massive 13.3%...
Australia’s biggest residential project over a retail destination complete
Australia’s biggest residential project over a r...
Vicinity Centres’ first residential project is complete with residents moving into Golden Age Group’s $450 million three-tower luxury residential address, Sky Garden, atop The Glen in Melbourne’s south east. Sky...
Dettol and Mirvac announce partnership for shopping centres
Dettol and Mirvac announce partnership for shoppin...
Dettol Australia and Mirvac are proud to announce their new national partnership, to help increase trust amongst customers, retailers, staff and communities across the company’s 16 shopping centres, ensuring they...
Cbus Property and Scentre Group commence works on $1 billion landmark development in Sydney
Cbus Property and Scentre Group commence works on ...
Cbus Property and Scentre Group have commenced construction on their $1 billion mixed-use development of the former David Jones department store at the corner of Castlereagh and Market Streets in...
The 2020 Christmas: COVID-safe and back to community
The 2020 Christmas: COVID-safe and back to communi...
There is no doubt that 2020 has been unprecedented (that word again) and no one could have predicted what Christmas would look like in shopping centres following major lockdowns and...
Landmark Byron Bay shopping centre and development site to hit the market in 2021
Landmark Byron Bay shopping centre and development...
One of the largest property holdings to ever hit the market in Byron Bay is set to launch for sale in early 2021. Mercato on Byron encompasses a major shopping...
Mirvac launches the next generation of retail at East Village
Mirvac launches the next generation of retail at E...
In an Australian first, Mirvac Retail launched its new retail-as-a-service concept, WeShow at East Village Shopping Centre in Sydney on Saturday 12 December. Furthering its commitment to creating sustainable and dynamic...
Cairns Central celebrates grand opening of $60 million redevelopment
Cairns Central celebrates grand opening of $60 mil...
Member for Cairns and Assistant Tourism Minister Michael Healy joined Lendlease to celebrate the official opening of Cairns Central’s $60 million redevelopment. Cairns Central is the largest shopping Centre in...
CEP.Energy and Narellan Town Centre sign rooftop power deal
CEP.Energy and Narellan Town Centre sign rooftop p...
Specialist Australian renewable energy fund, CEP.Energy have announced a ground-breaking 30-year renewable energy partnership with Australia’s largest privately-owned shopping centre, the Narellan Town Centre (NTC) in Sydney’s southwest. NTC is jointly owned...
Cabramatta Plaza celebrates food the pun way
Cabramatta Plaza celebrates food the pun way
Whether you were baking homemade focaccia, making meals for your family, buying local produce or supporting your local restaurants – Food has been a source of connection throughout 2020. This...
Woolworths Orange transacts for $19.5m
Woolworths Orange transacts for $19.5m
Freestanding supermarket and liquor stores have for many years been the darling of retail investment sector and this trend looks set to continue off the back of strong supermarket and...
Primewest buys Melbourne Square Shopping Centre
Primewest buys Melbourne Square Shopping Centre
Melbourne Square Shopping Centre has been acquired for $70 million by Primewest on behalf of the recently established “Daily Needs” trust. Primewest launched its Daily Needs Trust at the height...
HomeCo daily needs REIT acquires Bunnings Seven Hills for $56 million
HomeCo daily needs REIT acquires Bunnings Seven Hi...
HomeCo Daily Needs REIT (ASX: HDN) has entered into a binding agreement to acquire Bunnings Seven Hills (NSW) for a purchase price of $56.0 million representing a passing yield of...
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