Vicinity acquires 50% stake in Harbour Town Gold Coast for $358 million
The Lendlease managed Australian Prime Property Fund Retail (APPF Retail) has reached conditional agreement on the sale of its 50% interest in Harbour Town Gold Coast to Vicinity Centres for...
Primewest Secures Northgate Shopping Centre and Potts Point Retail Centre
Centuria Capital Group subsidiary, Primewest, has secured two retail assets – Northgate shopping centre in Geraldton for $71.2 million and Woolworths-anchored daily needs retail precinct within Potts Point’s OMNIA mixed-used development for...
oOh! strengthens national retail portfolio with Hawaiian win and digital rollout
oOh!media has strengthened its partnership with WA property group Hawaiian, signing a new agreement to install Out of Home media assets into its shopping centres, while also rolling out more...
Armada Dandenong Plaza celebrates Diwali Festival and commences centre upgrades
Armada Dandenong Plaza, is situated in one of the most multi-cultural suburbs in Australia in Melbourne. The centre celebrates a number of cultural calendar event’s annually with Diwali, the festival...
The Streets of Barangaroo launches a love letter to Sydney
Lendlease launches the first instalment of its new video series – Sydney isn’t Sydney without you – a love letter to Sydney from our city’s beating heart, The Streets of...
Karrinyup celebrates launch of next stage with leading Australian & international designers
Perth’s premier fashion and lifestyle destination Karrinyup will celebrate the launch of the next stage of the new-look centre today with an assortment of centre-wide activities, headlined by an exclusive...
Mirvac launches all-inclusive body positive 50-day fashion festival Toombul Shopping Centre
Women of all shapes, sizes, backgrounds, and styles across Brisbane are invited to a 50-day fashion festival at Mirvac’s Toombul Shopping Centre. Kicking off on Wednesday 6 October, body-positive fashion...
Scentre Group extends centre experience with launch of Westfield Direct
Scentre Group’s Australian customers can now shop from any Westfield any time, with the launch of Westfield Direct. Today’s launch is just the beginning of the Westfield Direct experience with...
World-first drone delivery takes off from shopping centre in QLD
In a world-first, Vicinity Centres has partnered with Wing – an Alphabet company – to pilot a new model of delivery, flying goods from shopping centre rooftops directly to Australian...
Perron sells 50% stake in Runaway Bay Shopping Centre for $128 million
Perth’s Greenpool Capital in partnership with investment firm Qualitas has made its latest retail play, acquiring a 50% stake in the Gold Coast’s Runaway Bay Shopping Centre for $128 million....
VOGUE Australia presents Adelaide’s biggest shopping weekend
While other major capital cities remain in lockdown, Adelaide will become host to one of the biggest shopping weekend’s the city has ever seen from the 8th to 10th October....
Australian retail turnover falls 1.7% in August while consumer sentiment remains high
Australian retail turnover fell 1.7% in August 2021, seasonally adjusted, according to the Retail Trade figures released by the Australian Bureau of Statistics (ABS). This third consecutive monthly fall in...
Elanor establishes new managed fund to acquire $136 million Warrawong Plaza
Elanor Investors Group (ENN) has established Warrawong Plaza Fund to acquire the Warrawong Plaza shopping centre for $136.35 million. The acquisition reflects an attractive 7.75% fully leased yield and $3,143...
Woolworths opens Bannockburn Shopping Centre and supermarket
Woolworths’ newest neighbourhood shopping centre and supermarket at Bannockburn in Queensland’s City of Logan has opened its doors, providing the community a new shopping experience with fresh food, convenience and...
Bunnings properties attract strong investor demand
More than $412 million in freestanding Bunnings Warehouse investments have transacted in 2021 year-to-date, across 11 assets. The strong level of purchaser competition continues to highlight the increased depth of...
Amazon Adventure arrives at The Square Mirrabooka
The Square Mirrabooka in Perth has been transformed into an Amazon adventure zone, complete with tropical macaw birds, toucans and more. During the school holidays, kids and families can explore...
Shopping centres prepare to welcome back all customers and COVID-safe Santa
Shopping centres and retailers across the country have all been affected by various restrictions and lockdowns, but as we start to hit our vaccination targets, The Shopping Centre Council of...
APN Convenience Retail REIT acquires two new properties for $24.4 million
APN Funds Management Limited as responsible entity for APN Convenience Retail REIT (AQR) has exchanged contracts to acquire Warrego Highway Travel Centre, in Queensland and conditionally exchanged contracts to acquire Dubbo...
Sydney investors buy up regional Victorian neighbourhood shopping centres
Eastwood Village Shopping Centre in Bairnsdale and West Place Shopping Centre in Churchill, have separately transacted to Sydney based investors for a combined value of approximately $30 million. The JLL...
Melton Station Square Shopping Centre sells for $43 million
Melton Station Square Shopping Centre has transacted via an off-market deal for $43 million representing a 4.83% fully leased yield further demonstrating the strong demand and yield compression that is...
Woolworths Greenvale Lakes sells on a sub 4% yield
The brand-new Woolworths Greenvale Lakes supermarket, BWS and two speciality shops has transacted for $27.7 million, representing a sharp yield of 3.95% and demonstrates the continued positive sentiment around retail investments...
Plans unveiled for $1.5b revitalisation of Melbourne’s iconic Jam Factory
Newmark Capital, GURNER™ and Qualitas have unveiled plans to transform Melbourne’s iconic Jam Factory into a $1.5 billion mixed-use precinct, spanning retail and entertainment, office and residential towers, an ultra-luxury...
World-leading heliostat technology crowns Sydney’s newest shopping centre
The glittering golden jewel that crowns Billbergia’s 39-storey tower at Rhodes Central in Sydney’s Inner West, is much more than an eye-catching architectural feature for the Rhodes skyline. The 27-metre-high...
Karrinyup announces Sephora and new food and beverage venues
Perth’s first Sephora store, along with a huge line-up of hospitality venues, are set to launch this October at the new-look Karrinyup shopping centre. With more than 30 food and...
Port Adelaide Plaza announces retailers for its final stage
Precision Group’s Port Adelaide Plaza will welcome 12 new stores in the final stage of its highly anticipated $50 million development, including a first to South Australia health and fitness...
LEGO® certified store to open in Castle Towers
Alquemie Group and LEGO® Australia and New Zealand have announced a new LEGO® Certified Store will open in Sydney’s Castle Towers Shopping Centre in late 2021. The custom-built store will be...
Flagship development site: The Stockyards of Camden to transform the area
Taking inspiration from development sites such as The Grounds in Alexandria, Hive Byron Bay and Habitat Byron Bay, The Stockyards of Camden has been designed, and will be built, with...
Retailers prepare for $11 billion in Christmas sales as Australians splurge
As confidence rises in line with vaccination rates, consumers are ready to unleash an economy-boosting wave of spending when life returns to normal, with Australians forecast to spend more than $11 billion...
Adelaide’s Gawler Green Shopping Centre hits the market
Adelaide’s Gawler Green Shopping Centre has come to market as neighbourhood shopping centres continue to be the most resilient in the retail investment sector. The neighbourhood centre, anchored by a full-line...
Stockland Burleigh Heads supports local charity with container refund program
Queenslanders use close to three billion beverage containers every year – the second-most littered item in the state. To help minimise this impact, the Queensland Government introduced Containers for Change...
Stockland Baldivis launches ‘Book Nook’ in-centre
Stockland Baldivis has partnered with the Baldivis Leos, the youth arm of the Lions Club, to launch a book swap location within the retail centre encouraging customers to re-home their...
Highpoint Shopping Centre’s hosts virtual school holiday masterclass series
Back by popular demand, Highpoint Shopping Centre’s virtual masterclass series Highpoint Academy will once again provide fun and interactive food, science, craft and dance activities for children during the school...
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