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Carramar Village sale sets new benchmark
Carramar Village sale sets new benchmark
After several months of negotiation, Carramar Village in Perth’s northern suburbs has changed hands for $33.5 million – representing the largest shopping centre sale in Perth for 2020. Built circa 2009,...
Scentre Group appoints retail heavyweight Guy Russo to the Board
Scentre Group appoints retail heavyweight Guy Russo to the Board
Scentre Group, owner and operator of the Westfield living centre portfolio in Australia and New Zealand, today announced the appointment of Guy Russo to the Board, effective 1 September 2020. Russo...
Understanding rental determinations
Understanding rental determinations
Many tenants and landlords are unaware of the tools to help them negotiate the market value of their lease. In this article, Simon Fonteyn of LeaseInfo discuss the process of...
The Frank Lowy Fellowship – call for entries 2020
The Frank Lowy Fellowship – call for entries 2020
There is no doubt that 2020 has delivered the most difficult year for shopping centre professionals across the country. The highly skilled workforce of our industry has been put under...
June sales reflect a one-off positive position ahead of the downturn
June sales reflect a one-off positive position ahead of the downturn
The Australian Bureau of Statistics (ABS) has this week revealed that retail sales rose by 2.7% in June, however retail volumes fell by a sharp 3.4% for the June 2020...
FUTURE-FOCUSED FLEXIBILITY: The next phase of F&B strategy
FUTURE-FOCUSED FLEXIBILITY: The next phase of F&B strategy
This week, as Melbourne heads into stage 4 lockdown, non-essential retail closes and supermarkets once again feel the brunt of panic-shoppers, Francis Loughran of Future Food examines how F&B has been...
The Square Mirrabooka unveils Kadidjiny Djet mural
The Square Mirrabooka unveils Kadidjiny Djet mural
The Square Mirrabooka, owned by The Perron Group, and managed by JLL unveiled their second mural, Kadidjiny Djet, as a part of their community art trail program. The mural was painted by...
Stockland Elara Village Neighbourhood Centre breaks ground
Stockland Elara Village Neighbourhood Centre breaks ground
Construction on the $60 million Elara Village Neighbourhood Centre has begun with an official on-site ceremony celebrating the launch of the highly anticipated town centre on Friday, 31 July. Elara is...
Mirvac Retail makes masks mandatory for its staff nationally
Mirvac Retail makes masks mandatory for its staff nationally
Mirvac Retail has today mandated masks be worn by all their staff in their centres where they are public facing to further enhance their safety and prevention procedures for the...
Kylie O’Connor to head AMP Capital’s real estate business
Kylie O’Connor to head AMP Capital’s real estate business
AMP Capital today announces Kylie O’Connor has been promoted to lead its real estate business and will join the leadership group. O’Connor is currently AMP Capital Real Estate’s Chief Operating...
Victorian retailers and shopping centres face tough closures with Stage 4 restrictions
Victorian retailers and shopping centres face tough closures with Stage 4 restrictions
In the toughest restrictions to retail to date, Victorian Premier Daniel Andrews announced today all retail will close with the exception of supermarket, fresh food stores and pharmacies. The new...
South Australian billionaire Con Makris to sell high profile retail portfolio
South Australian billionaire Con Makris to sell high profile retail portfolio
The Makris Group is set to divest two prominent Adelaide retail assets, including Rundle Mall’s blue-chip City Cross Shopping Centre and office complex fronting Grenfell Street. The offering will also include...
Armstrong Creek Town Centre officially opens
Armstrong Creek Town Centre officially opens
The much-anticipated Coles-anchored neighbourhood shopping centre at the heart of the $1 billion future Armstrong Creek officially opens its doors today. The project located in the fastest growing area in Victoria, 7km...
Making the retail industry safe
Making the retail industry safe
With the exception of Victoria which has returned to lockdown, the Australian retail industry is welcoming the return of customers in to safe environments. After months of isolation, many consumers...
David Jones divests Bourke Street Mall flagship menswear store for $121m
David Jones divests Bourke Street Mall flagship menswear store for $121m
David Jones has contracted to sell its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with the retailer’s plans to create a...
Mini beasts set to crawl into Robina Town Centre
Mini beasts set to crawl into Robina Town Centre
From this Friday 31 July, insect enthusiasts and shoppers alike will be intrigued by Robina Town Centre’s giant illuminated sculptures crawling onto the Promenade, with an ‘up close and personal...
Burberry opens new store at Brisbane’s QueensPlaza
Burberry opens new store at Brisbane’s QueensPlaza
British fashion house Burberry has opened its new store in Vicinity’s QueensPlaza, Brisbane – the first store in Australia to encapsulate Chief Creative Officer Riccardo Tisci’s new creative vision for the...
Shopping Centre Investment – Market Review FY20
Shopping Centre Investment – Market Review FY20
It was a ‘split year’! The first half – July/Dec 2019 was ‘normal’; however the second half – Jan/Jun 2020 was anything but because COVID-19 arrived! Sales of shopping centres...
Vicinity takes $1.79 billion hit, while supporting the long-term sustainability of the retail industry
Vicinity takes $1.79 billion hit, while supporting the long-term sustainability of the retail industry
Vicinity Centres today announced independent valuations of its 60 directly-owned retail properties, which have resulted in a net valuation decline for the overall portfolio of 11.3% or $1.79 billion for...
Eastland gives emergency toiletries to the Alannah & Madeline Foundation 
Eastland gives emergency toiletries to the Alannah & Madeline Foundation 
As reported in recent months, SCN‘s inbox has been flooded with extraordinary examples of acts of kindness by shopping centre teams across the country in response to COVID-19, and as the...
Stockland launches new recycling initiative at Gladstone
Stockland launches new recycling initiative at Gladstone
Stockland Gladstone has launched a new recycling program, which aims to minimise waste at the centre, while also supporting local Gladstone Animal Rescue Group through the proceeds collected.  Luke Murphy,...
Harbour Town Premium Outlets donates $150,000 to save wildlife and support firefighters
Harbour Town Premium Outlets donates $150,000 to save wildlife and support firefighters
Harbour Town Premium Outlets has donated a total of $150,000 to three deserving organisations in response to the ongoing effects of Australia’s worst ever bushfire season. The funds are a combination...
Stockland announces extension to Baringa Town Centre
Stockland announces extension to Baringa Town Centre
Stockland has announced the new $5 million extension to the Baringa Town Centre in its next stage of development in Aura on Queensland’s Sunshine Coast. The project will include a...
Carmel Hourigan joins Charter Hall as AMP Capital execs depart
Carmel Hourigan joins Charter Hall as AMP Capital execs depart
Charter Hall Group has appointed Carmel Hourigan as Office CEO, replacing Adrian Taylor who will leave the company to pursue other opportunities.  Hourigan will join the Charter Hall Executive Committee...
Retailer groups welcome JobKeeper extension
Retailer groups welcome JobKeeper extension
The Morrison Government announced yesterday it will deliver more support for households and businesses to help Australians through the COVID-19 pandemic and bolster the economic recovery. It’s news welcomed by...
Alceon and  LEGO® announces new NSW Hunter region store
Alceon and LEGO® announces new NSW Hunter region store
Alceon Group and LEGO Australia and New Zealand today announced that a new AG LEGO® Certified Store will open in the Hunter Region at the GPT Group’s Charlestown Square, NSW...
Kmart opens its doors at new look Ellenbrook Central
Kmart opens its doors at new look Ellenbrook Central
In Perth’s growing north east, the ribbon has been cut to celebrate the opening of the first stage of Ellenbrook Central’s $63 million expansion with a brand-new Kmart opening its...
Charter Hall expands industrial footprint
Charter Hall expands industrial footprint
Last week, Charter Hall Retail Management, as responsible entity of Charter Hall Retail REIT (ASX: CQR) announced that CQR has purchased a $111.8 million or 52% interest in a $215...
JLL Report indicates convenience retail will outperform
JLL Report indicates convenience retail will outperform
In the latest JLL Retail Investment Outlook Report for 2H the report reveals investors are becoming more optimistic about the outlook for retail given the recent rebound in performance from...
Mirvac Retail prioritises customer safety by launching COVID traffic tracker
Mirvac Retail prioritises customer safety by launching COVID traffic tracker
Mirvac Retail has announced another new innovation to help its shopping centre customers navigate busy periods and time manage their physical trip to the shops via the centre website and...
Council approves Chadstone’s $685 million expansion
Council approves Chadstone’s $685 million expansion
The City of Stonnington has voted to support six development applications outlining the future vision for Chadstone – Australia’s number 1 Big Gun centre. The proposals for the continued evolution of...
Epiq Marketplace opens with a new Woolworths at Lennox Head
Epiq Marketplace opens with a new Woolworths at Lennox Head
Clarence Property has announced the completion of Epiq Marketplace with a brand new Woolworths Supermarket and BWS store. Located on the corner of Hutley Drive and Snapper Drive, Lennox Head, locals and visitors...

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