Lidcombe’s Adidas-anchored blue-chip asset for sale
A landmark high-profile investment at 55-59 Parramatta Road in Lidcombe hits the market and is expected to achieve a price of above $10 million – representing a net yield of...
Trophy retail asset in Sydney’s inner west is on the market
Colliers are facilitating the sale of Norton Central, a 1,420m2 two-level, retail complex in Leichhardt, Sydney. Built in 2004, Norton Central is located on Norton Street, the key retail and...
Gold Coast’s The Lakes receives development approval for retail village
Sunland Group has received DA approval to create a visionary new 7,500m2 retail village at the heart of its master planned community – The Lakes at Mermaid Waters. The visionary new retail...
Nicholas Street Precinct – the new urban heart of a revitalised Ipswich
Nicholas Street Precinct is the visionary new urban heart of a revitalised Ipswich, one of Australia’s fastest-growing regional cities. It’s a place of community, connection, creativity and commerce. The $250m project...
Stockland launches $300,000 in Care Grants
Stockland has announced the launch of its annual CARE Grants program for 2021. The program invites local not-for-profit and community groups to apply for funding to support local infrastructure, programs...
Springwood Mall announces $16m expansion plans
Springwood Mall confirms approval of its development application (DA) to Logan City Council for a $16 million centre redevelopment, which is scheduled for an immediate construction start. Stage One will...
Homewares retail investment opportunity in Waterloo
JLL together with IB Property have been appointed to sell Casba, 18 Danks Street, Waterloo, a multiple award-winning mixed-use development which is fully leased to premium brands with 217 years...
Lendlease announces new CEO as McCann retires
Lendlease Chairman Michael Ullmer has announced Steve McCann will retire as Group Chief Executive Officer and Managing Director and the Board’s decision to appoint Tony Lombardo, currently Chief Executive Officer...
Significant Town Centre investment opportunity in Melbourne on the market
Colliers and Stonebridge Property Group have been appointed to sell one of Australia’s best Town Centre investment opportunities with value-add potential, on behalf of Lendlease’s Australian Prime Property Fund Retail...
Vicinity’s leadership in luxury retailing grows
Vicinity Centres (Vicinity) has cemented its number one position in Australian luxury retailing with GUCCI opening the doors of its new Brisbane flagship at QueensPlaza. The iconic Italian fashion house...
Home-grown Virtual Reality comes to The Palms
First-in-the-city entertainment is coming to AMP Capital’s The Palms Shopping Centre. The Oasis, a made in New Zealand business success story, is an immersive entertainment destination with Virtual Reality (VR)...
Brookfield Place Sydney adds key retail offer ahead of completion
Romeo’s Retail Group will deliver a new-to-Australia, European-inspired food hall concept to the Sydney CBD, opening its Locali by Romeo’s at Brookfield Place Sydney. The food hall will anchor the...
Coles the first major Australian retailer to launch 90-minute Click&Click Collect offer on supermarket range
Coles is the first major retailer to launch 90-minute Click&Collect in Australia, making it even easier for busy Australians to shop with Coles Online. Now available at more than 400...
Significant Town Centre Investment Opportunity in Adelaide on the market
Colliers have been exclusively appointed to sell Hollywood Plaza, a dominant, high-profile Town Centre in South Australia, on behalf of Moelis. The Centre is anchored by Coles and Woolworths supermarkets...
Technology, customer experience and partnerships trending topics at NSW Retail Outlook 2021
It’s the industry event that easily might not have happened, but with restrictions eased, the Property Council of Australia’s (PCA) NSW Retail Outlook breakfast went ahead this year bringing the...
H&M to close non-performing Australian stores
When fast fashion retailer H&M opened its first Australian store at Melbourne’s GPO in 2014, the event drew huge crowds and excitement for the brand. Backed by an extensive marketing...
Lunar New Year brings Oxen strength to 2021
Lunar New Year 2021 falls on Friday 12 February this year, and although there isn’t the influx of Chinese tourists into Australia due to travel restrictions, the more than 1.2...
AMP Capital introduces new AutoMall concept
AMP Capital has today announced it has joined forces with one of the nation’s biggest automotive retail groups to revolutionise the traditional shopping centre mix and the way cars are...
$450m Australian retail portfolio listed for sale
A private syndicate of Australian based investors has listed a high-quality portfolio of 14 core retail assets for sale, with pricing expectations of up to $450 million. CBRE’s Pacific Head...
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
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
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 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 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
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
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 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, 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
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
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
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 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...
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