Vicinity Centres gets creative with a fun and novel message to encourage health and hygiene
As Sydney’s CBD continues to navigate the impacts of COVID-19, three of its most iconic shopping destinations, managed by Vicinity Centres – the QVB, Strand Arcade and The Galeries – are...
Caddens Corner to boost amenities and jobs for Western Sydney
When Caddens Corner opens its doors mid-November, the community will benefit from an exciting new retail and cultural precinct, as well as more than 400 new jobs for Western Sydney....
Eastland’s community outreach
While Victoria continues to struggle with life in lockdown, QICGRE’s Eastland Shopping Centre have been engaging their community in a significant way since the start of the pandemic and they look...
Port Adelaide Plaza Stage 2 plans November opening
Precision Group’s, Port Adelaide Plaza’s Stage 2 is on track to open in November 2020 following its Stage 1 launch in March this year. Expanding to more than 29,000m2 to accommodate...
July retail figures +3.2% but an uncertain future awaits
Australian retail turnover rose 3.2% in July 2020, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This updates the preliminary result of a 3.3% published...
Robina Town Centre rolls up its sleeves for Scrub Up September campaign
The first week of September doesn’t just mark the arrival of Spring and the start of a new month on the Gold Coast, it also signals the return of one...
Yamanto Central hits another major milestone in its construction journey
While COVID-19 is impacting retail and retail projects across Australia, Queensland is kicking goals. Construction of Yamanto Central, a new shopping centre located west of Brisbane in the outskirts of Ipswich, is...
Blockchain-based platform for bank guarantees set for commercial launch
ANZ, Commonwealth Bank of Australia, Westpac, IBM and Scentre Group have announced the expansion of a successful blockchain platform, Lygon, that reduces the time to issue a bank guarantee from up to...
KENZO opens its first Sydney store
French fashion brand KENZO has arrived in Sydney, opening the doors of its first New South Wales store in the iconic Queen Victoria Building (QVB) managed by Vicinity Centres. Their...
Cairns Central redevelopment powering ahead
In July 2019, Lendlease announced the commencement of the $60 million redevelopment of Cairns Central. Today, Thursday 1 September, Queensland Treasurer and Minister for Infrastructure and Planning Cameron Dick, got to...
Russell Zimmerman partners with LeaseInfo as distributor
This month, Russell Zimmerman, former Executive Director of the Australian Retailers Association (ARA) will be joining Australia’s premier provider of retail-leasing services – LeaseInfo, as a national and international distributor...
Mosaic Brands re-opens Westfield-based stores
Mosaic Brands (ASX:MOZ) has announced that following successful negotiations with Scentre Group (ASX:SCG), all non-Victorian stores in Westfield shopping centres have now reopened. Mosaic Brands Ltd in recent times has grown...
QVB partners with local artist to create ‘The 2020 Tree’
Following a challenging and extraordinary year so far, Sydney’s iconic Queen Victoria Building (QVB) has collaborated with celebrated local artist, Gerwyn Davies, on a new large-scale art installation in the...
Stockland’s results reflect the benefits of a diversified portfolio
This week, Stockland (ASX:SGP) released its results for the 12 months to 30 June 2020 (FY20), reflecting the benefits of a diversified portfolio. The group’s strategy of building and investing...
Customers pick-up parcels at Chadstone’s new click and collect service
Stage 4 lockdowns in Victoria has been challenging for both retail and customers. Chadstone – Victoria’s largest shopping centre managed by Vicinity Centres, is now delivering a solution to get...
BP and David Jones announce another 21 additional stores
BP and David Jones are expanding their market-leading offer to deliver fresh, high-quality products and innovative convenience with another 21 additional stores following the popularity of earlier sites. The expansion will...
HomeCo. announces results with new healthcare growth strategy
Unlike their property counterparts who have reported significant valuation decreases, Home Consortium (HomeCo) have announced their results with a portfolio valuation increase of 5.2% (net 1.7% after capex) and annual like-for-like...
ALDI to purchase 100% of its electricity from renewable energy
ALDI supermarkets has today announced its commitment to purchase 100% of its electricity from renewable energy by the end of 2021. Globally, companies and institutions are seizing opportunities afforded by the...
Woolworths unveils its newest supermarket
On Thursday 19 August, shoppers in the Moreton Bay region had their first experience at Woolworths’ newest supermarket with fresh food, convenient shopping options and value at the heart of...
Reset, Re-Imagine, Reconnect & Recover – Part 2
In the second instalment of this two-part article (part one published last week), Francis Loughran of Future Food, explores the big issues facing the hospitality industry as it struggles to...
Karrinyup seeks expressions of interest for entertainment precinct artwork
AMP Capital is seeking Expressions of Interest (EOIs) from West Australian artists or design teams for a series of integrated artworks in the new entertainment and dining precinct at the...
Scentre Group reports half year operating earnings of $361 million
Scentre Group (owner and operator of Westfield in Australia and New Zealand) today released its results for the six months to 30 June 2020 with Operating Earnings of $361 million...
July sales indicate a positive retail outlook
Australian retail turnover rose 3.3% in July 2020, seasonally adjusted, according to preliminary retail trade figures released by the Australian Bureau of Statistics (ABS). In a very positive result, turnover...
Vicinity Centres reports $1.8b loss but remains positive about the future
Vicinity Centres (Vicinity, ASX:VCX) announced its results for the 12 months to 30 June 2020, with a statutory net loss after tax of $1.8 billion (FY19: $346.1 million statutory net...
Dexus positions for the recovery
Dexus (ASX:DXS) has announced its 2020 annual results – the group’s net profit after tax was $983.0 million, down 23.3% on the prior year. This movement was primarily driven by net...
Panthera Group unveils new food experience at Terrace Central
Panthera Group has transformed the food offerings in Terrace Central launching five new operators while combining their omnichannel e-commerce ordering technology Rivershop, to launch stage one Click and Collect services for the...
Charlene Perera, Hush Puppies
Retailers play a vital role in creating great shopping centres, so at Shopping Centre News we think it’s important to profile retailers to our audience and share their stories. Established in 1958,...
Macquarie Centre sets sustainability goals with Zero Net Carbon by 2030
Sustainability remains on the minds of many Australians and is also a priority for numerous local brands and retailers. Prior to COVID-19, Australians identified climate change as the most critical...
Reset, Re-Imagine, Reconnect & Recover
Australia’s hospitality industry is in a state of disaster. From the morning coffee to the late-night cocktail; our favourite Sunday brunch to the working weekday lunch; every business in the...
Mirvac Retail launches food appeal across its Sydney shopping centres
Six Mirvac shopping centres across Sydney have launched an appeal for the community to support donations in a charity food drive to help people hit by hardship during the pandemic. Collections...
Shopping Centre industry direct financial support for retailers reaches $1.6 billion
Data released today by the Shopping Centre Council of Australia (SCCA) demonstrates the value of rental assistance extended to small and medium (SME) sized and non-SME businesses to carry them...
SCA Property Group announces resilient result
Despite COVID-19, convenience-based shopping centres have remained resilient with major tenants in the SCA property portfolio reporting increases in sales. Across the portfolio there was MAT growth for the 12...
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