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Vicinity and Challenger reveal 2050 Bankstown vision
Vicinity and Challenger reveal 2050 Bankstown vision
Vicinity Centres and Challenger have unveiled their vision to transform 11.4 hectares in the centre of Bankstown in Sydney’s growing south west into a vibrant mixed-use urban neighbourhood to work,...
UNIQLO opens first store for 2020 at Perth’s Karrinyup
UNIQLO opens first store for 2020 at Perth’s Karrinyup
Japanese global apparel retailer UNIQLO opened its doors at Perth’s Karrinyup Shopping Centre with an official ribbon cutting ceremony and Japanese drumming celebration to signify the event on Thursday 2 July....
RG Property sells The Village Dandenong Shopping Centre in off-market deal
RG Property sells The Village Dandenong Shopping Centre in off-market deal
Woolworths anchored The Village Dandenong Shopping Centre in Melbourne’s south-east has sold for $29.1 million to a Chinese private investor, reflecting an initial yield of 5.19%. The off-market transaction was...
Home Co. acquires three properties from Woolworths and announces $190 million equity raising
Home Co. acquires three properties from Woolworths and announces $190 million equity raising
HomeCo. has been placed in a trading halt as it progresses its growth strategy and announces its acquisition of three Woolworths anchored convenience-based neighbourhood centres from Woolworths Group for $127.8 million and...
How to make the parking customer experience better?
How to make the parking customer experience better?
According to the NRMA Divvy Parking Smarter report, 58% of us worry about finding a park and a whooping 97% have avoided taking a trip because of perceived parking difficulties....
80 Collins Melbourne opens retail and dining
80 Collins Melbourne opens retail and dining
A landmark new luxury, premium retail and dining destination will commence opening this month, as part of the 80 Collins precinct development in the Melbourne CBD. The large-scale 100,000m2 site that...
Customer visitation at Westfield centres lifts as restrictions ease and more stores open
Customer visitation at Westfield centres lifts as restrictions ease and more stores open
Scentre Group’s latest customer update supports what its Westfield Living Centres have witnessed throughout June. As restrictions eased, customers have dined out, shopped for winter fashion and immediately resumed beauty services....
Sydney’s first KitKat Chocolatory to open at Mid City
Sydney’s first KitKat Chocolatory to open at Mid City
Sydneysiders can now have a break like never before, as KitKat announces the launch of KitKat Chocolatory Mid City Sydney. The new flagship store will officially open on 6 July, offering...
AMP Capital leadership transition
AMP Capital leadership transition
AMP Limited has announced the appointment of Boe Pahari as Chief Executive Officer of AMP Capital, effective 1 July 2020. Pahari will succeed Adam Tindall who will retire from AMP...
Rental assistance agreements for SME retailers reach 6,400
Rental assistance agreements for SME retailers reach 6,400
The Shopping Centre Council of Australia (SCCA) said shopping centre owners and SME retailers are continuing to make progress on rental assistance discussions and agreements during the COVID-19 pandemic, with...
Ellenbrook Central gets set to welcome Kmart on the 16 July
Ellenbrook Central gets set to welcome Kmart on the 16 July
The countdown is on at Vicinity Centre’s Ellenbrook Central with Kmart fans ready to welcome the much-loved Aussie retailer as it opens its doors next month. As part of the exciting new $63...
A vibrant community space in the heart of Lane Cove village opens to the public
A vibrant community space in the heart of Lane Cove village opens to the public
The Canopy – Lane Cove’s premier dining, food and beverage destination has officially opened to the public, offering a unique environment for the community and retailers to converge within a purpose-built...
Stockland announces CEO and Managing Director’s intention to retire
Stockland announces CEO and Managing Director’s intention to retire
Tom Pockett, Chairman of Stockland and Mark Steinert have announced Steinert’s intention to retire as Chief Executive Officer and Managing Director after seven and a half years in the role. Pockett...
HomeCo’s property update shows portfolio valuation increase of 5.2%
HomeCo’s property update shows portfolio valuation increase of 5.2%
The ASX announcement just released by HomeCo shows a continuing strong performance following on from the positive market update issued in early May. HomeCo centres continue to perform well in...
MAB adds new $28 million Lifestyle Centre in Clyde North to its retail portfolio
MAB adds new $28 million Lifestyle Centre in Clyde North to its retail portfolio
Privately-owned property development company, MAB Corporation, unveils its latest retail development – Clyde North Lifestyle Centre. The new centre is now open for business with the recent opening of major retailers including...
Shopping centre in Newcastle transacts for $47 million
Shopping centre in Newcastle transacts for $47 million
Stirling Property Funds has acquired, Junction Fair, a neighbourhood shopping centre in Newcastle from  funds manager Fortius following an extended settlement period resulting from the COVID-19 pandemic. Fortius sold the neighbourhood centre for $47 million...
Dexus lodges DA for $2.1 billion Eagle Street Pier and Waterfront Place
Dexus lodges DA for $2.1 billion Eagle Street Pier and Waterfront Place
A $2.1 billion transformation of the Eagle Street Pier and Waterfront Place precinct into Brisbane’s premium business and leisure destination is a step closer after Dexus lodged development plans with...
Woolworths Spring Farm Shopping Centre sells for $34.75 million
Woolworths Spring Farm Shopping Centre sells for $34.75 million
Colliers International has announced the sale of a modern neighbourhood shopping centre investment on behalf of its client Woolworths Group, the first NSW Neighbourhood Shopping Centre transaction executed in COVID-19...
Deloitte’s Retail Forecasts: Six degrees of shopping in 2020
Deloitte’s Retail Forecasts: Six degrees of shopping in 2020
Australian retailers are facing the fight of their life in 2020. Consumer confidence slumped for a period, job losses have soared, and spending behaviour has been tipped on its head. But...
Stockland grants $276,000 to local community programs
Stockland grants $276,000 to local community programs
Stockland has announced the recipients of its 2020 CARE Grants, awarding $276,000 in grants to 266 local groups, clubs and programs across Australia who support health, wellbeing, community connection, education...
QICGRE announces target of 2028 for Net Zero Emissions
QICGRE announces target of 2028 for Net Zero Emissions
QIC Global Real Estate (QICGRE) has announced a commitment to achieving Net Zero Carbon Emissions for its core Australian retail assets by 2028, a target which makes it the first Australian...
Blockbusters to lure customers as cinemas reopen in July
Blockbusters to lure customers as cinemas reopen in July
After a three month closure, July marks an important month for the entertainment and film industry when cinemas are permitted to reopen – with hundreds of cinemas ready to open their doors...
Russell Zimmerman joins eftpos
Russell Zimmerman joins eftpos
Retail industry advocate and veteran, Russell Zimmerman, is joining eftpos to support it to help Australian small and medium businesses reduce their costs in the COVID-19 rebuild. Zimmerman is the...
Ripley Town Centre working towards Queensland’s largest private community energy network
Ripley Town Centre working towards Queensland’s largest private community energy network
Sekisui House Australia – master developer of the $1.5 billion Ripley Town Centre in south-east Queensland’s western growth corridor – and energy partner WINConnect share a common vision to deliver what is believed...
Brisbane’s Horizon sells for $14.34 million
Brisbane’s Horizon sells for $14.34 million
In a sale negotiated off-market, the well-established food, lifestyle and convenience-based shopping centre Horizon at Wellington Point in Brisbane’s south west has sold for $14.34 million. The property is on a...
Auckland precinct Commercial Bay officially opens doors
Auckland precinct Commercial Bay officially opens doors
Auckland’s most exciting new retail and hospitality precinct, Commercial Bay, officially opened its doors to the public on Thursday 11 June. Owner Precinct Properties’ CEO Scott Pritchard; Rt Hon, Jacinda Ardern,...
Shopping centre food courts in NSW to re-open from this Saturday
Shopping centre food courts in NSW to re-open from this Saturday
Food courts in shopping centres across NSW are set to re-open as further COVID-19 restrictions are lifted. The decision announced today by the NSW Government to reopen shopping centre food courts...
WeChat Pay solution creates new Chinese market opportunities
WeChat Pay solution creates new Chinese market opportunities
COVID-19 has seen a surge in digital payments but for China, digital payments like AliPay and WeChat have been around for many years utilising new technologies and the power of...
GPT retail assets valuations reduced by $467.7 million
GPT retail assets valuations reduced by $467.7 million
The coronavirus pandemic has had a large impact on retail trade figures and its flow on effect also means lower asset valuations across retail property as rental conditions and the...
Sydney-based private investor behind $21m Coburg Hill deal
Sydney-based private investor behind $21m Coburg Hill deal
A Sydney-based private investor with an overseas partner has outlaid $21.3 million for a Woolworths anchored shopping centre at Coburg on a passing yield of 6%. The strata-titled Coburg Hill Shopping...
Shopping centre owners and SME retailers making progress under Code of Conduct
Shopping centre owners and SME retailers making progress under Code of Conduct
It’s been more than two months since Australia’s national retail groups and shopping centre landlords united in a call for a set of retail leasing principles with the implementation of...
Stockland launches ‘Deliver on Demand’ Shopping Service
Stockland launches ‘Deliver on Demand’ Shopping Service
In a first for shopping centres in Australia, an innovative new personal shopping service – Deliver on Demand – has launched at select Stockland centres in Queensland and New South...

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