New research by Deloitte Access Economics shows Melbourne’s CBD economy will grow by $6 billion in 2021 and is on-track to return to pre-COVID levels by late 2024. The research...

Major retailing group Wesfarmers (ASX:WES) has submitted a non-binding, indicative offer to the Board of Australian Pharmaceutical Industries Limited (“API”, ASX:API) for the purchase of the pharmaceutical retailer and distributor...

The Shopping Centre Council of Australia (SCCA) today reiterated its standing offer to support the vaccine rollout, first made to chief medical officers and state governments earlier in the year. ...

The directors of investment manager Occasio Projects have announced the acquisition of the $500m mixed-use Mernda Town Centre development from Woolworths.  The project has strong financial backing from the three shareholders...

Today, NSW Premier Gladys Berejiklian announced the current lockdown restrictions will be extended for another week until 11:59pm, Friday 16 July, given the ongoing cases of community transmission and following...

Bjarni Wark, has officially completed Fairfield’s newest 57-metre community mural located at the T-Way entrance to Stockland Wetherill Park Shopping Centre.   Bjarni Wark is a multidisciplinary street artist and illustrator...

The National Retail Association (NRA), Shop, Distributive and Allied Employees Association (SDA) and Shopping Centre Council of Australia (SCCCA) have called for consumers to remain patient towards retail and shopping...

Coles Woodend, a 3,780m2 regional freestanding supermarket sold for $33.3 million, which represented a 4.31% yield. The property was sold to local diversified property player DeGroup.  Stonebridge Property Group acted...

Pace Development Group will close the financial year with a further $19.15 million added to its commercial results and new industry benchmark, having sold four tenancies at its Pace of...

Sought-after beauty event series, Architects of Beauty, is returning to Melbourne’s West at GPT managed centre Highpoint Shopping Centre.   Over four days in July, the centre will come alive with...

Committed to celebrating and supporting Indigenous culture, this year, Mirvac is partnering with Boomalli Aboriginal Artists Co-operative to spread the NAIDOC Week message of ‘Heal Country’ to its communities through...

The HomeCo Daily Needs REIT has agreed terms to acquire the Town Centre, Victoria Point in Queensland for $160m, reporting a fully leased yield of 4.75%. The centre comprises a...

Charter Hall and Abacus have secured a majority interest in Myer Melbourne, an iconic property in one of the world’s most coveted and tightly held retail and commercial precincts for...

Vicinity Centres (Vicinity) and CIP Asset Management have revealed the evolution of the first stage of their 2050 Masterplan to transform 11.4 hectares at Bankstown Central by redeveloping it into...

This week, the NSW Government announced a major new grants package and changes to the Dine & Discover program to help tens of thousands of small businesses and people across...

Ranfurlie Asset Management (RAM), developer and operator of a successful stable of suburban Melbourne shopping centres, is harnessing the power of digital engagement platform, Komo Digital, to take community engagement to the...

Karingal Hub’s new market-style fresh food precinct anchored by three leading supermarkets; Coles, ALDI and a newly refurbished Woolworths, plus many brand-new fresh food and specialty retailers was unveiled on...

In February, Coles Group committed to no longer sell single-use plastic tableware from 1 July 2021. From tomorrow, the aisles of more than 2,500 Coles supermarkets, Express and Liquor stores...

Vicinity Centres’ Karratha City has continually demonstrated its commitment in celebrating its diverse community and its ongoing desire to create a hub and meeting place for customers, families and tourists...

Armada Dandenong Plaza, along with all RetPro Management Victorian Centres are launching a Safety Week Campaign to create awareness and educate the community on how to stay safe and shop...

An investor from Sydney has purchased the Chancellor Village Shopping Centre in Sippy Downs on Queensland’s Sunshine Coast for $10 million. The shopping centre at 11 Chancellor Village Boulevard is...

More than six decades after the first customers arrived, Chadstone is embarking on another project which continues the evolution at Australia’s leading integrated lifestyle destination. One Middle Road, a new 20,000m2...

Shoppers in Sydney’s Sutherland Shire are set to experience Woolworths’ newest supermarket with fresh food, convenience and great value at the heart of its offering as the centre opens its doors...

To meet local community demand for event spaces, Tweed City has just become the first shopping centre in Australia to sign up to community spaces booking platform, Vennu.  The neighbourhood...

Shopper Media has announced its expanded partnership with ISPT that will see it install 230 screens across a portfolio of 28 shopping centres nationwide. ISPT has a portfolio of retail-based local...

One of Australia’s best performing shopping centres – Mount Pleasant Centre in Mackay, North Queensland, has been listed for sale. According to SCN‘s 2020 Little Guns report the centre ranked number...

A third tranche of retailers has committed to open dining, lifestyle and wellbeing retail premises in Sydney’s Quay Quarter Lanes being developed in Circular Quay by AMP Capital on behalf...

Bridge Street Plaza, one of Queensland’s superior convenience retail offerings of 2020, has sold to a Sydney-based buyer for $10,500,000 at 546 Bridge Street in Toowoomba. The asset, that comprised...

A full-line Coles Supermarket featuring a rare 20-year lease (expiring June 2036) in Five Dock is set to be the first publicly marketed Sydney metropolitan Coles Supermarket since 2019. The...

The Oatley Village Square shopping centre in Sydney’s south has been listed for sale amid strong investor demand for convenience-based retail assets. CBRE’s James Douglas, Joe Tynan and Michael Hedger have...

SCA Property Group has agreed to acquire Marketown in Newcastle, NSW from AMP Capital Investors Limited for $150.5 million, an initial passing yield of 5.6% and an implied fully let...

ISPT is set to unveil the first stage of its $160 million revitalisation of Karingal Hub Shopping Centre in Frankston later this month, which will see a reimagined fresh food...