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, 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
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 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
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
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
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
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
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 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
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
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
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 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
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 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 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 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
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
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 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
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
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
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 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
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
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...
Two major Sydney metropolitan shopping centres sold to Primewest
Two key Sydney metropolitan neighbourhood centres Pemulwuy Marketplace and West Ryde Marketplace have sold to Primewest during the midst of COVID-19. In a combined transaction highlighting the demand for retail...
Woolworths opens three new community centres
Throughout June, the Woolworths Group property development team successfully launched Stage One of three neighbourhood shopping centres in Victoria and New South Wales bringing to their local communities a new...
WA Subiaco supermarket site sells for $15.5 million
A private investor has capitalised on a development site in Subiaco as the precinct continues to display positive market fundamentals. JLL sold the 3,177m2 inner- metro development site in Subiaco, Western...
Stockland launches virtual school holidays program across Australia
Stockland has taken its school holidays campaign online, offering a number of creative and engaging ways to occupy kids while at home. Families will be able to experience new ways of...
QIC GRE commences construction of EastCo, enhancing Eastland’s mixed-use offer
Managing Director of QIC Global Real Estate (QIC GRE), Michael O’Brien, announces that construction has commenced on eastern Melbourne’s newest commercial building, EastCo, in Ringwood, delivering A-grade office facilities and an...
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