Shopping Centres welcome Queensland’s $400 million Land Tax Relief package
The Shopping Centre Council of Australia (SCCA) today welcomed the Queensland Government’s $400 million Land Tax Relief package which will assist in the provision of support to retail tenants experiencing...
Private investor buys high performing Woolworths centre for $26 million
Colliers international have confirmed the sale of a brand-new, high performing freestanding supermarket investment on behalf of its client Woolworths Group. This sale represents the first recorded NSW retail transaction...
Stockland sells Benowa Gardens for $40.1 million
A Queensland based fund manager has purchased Gold Coast based centre Benowa Gardens Shopping Centre. The Stockland owned and managed centre has sold for $40.1 million with a passing yield of...
Retailers and Shopping Centres welcome retail SME code of conduct
The retail industry has been significantly impacted by the COVID 19 pandemic. The concept of landlords and retailers working together is a valid one, especially in a situation that is...
oOh! partners with The Kindness Pandemic to amplify Aussie goodwill
oOh!media has teamed up with grassroots Facebook campaign, The Kindness Pandemic, to share uplifting stories of kindness from the Australian community across its retail, street and rail networks around the...
Emporium Melbourne temporarily closed, except for essential services
Vicinity Centres’ Emporium Melbourne temporarily closed its doors at 5pm on Sunday 5 April until later this month due to the impact of the ongoing COVID-19 pandemic on the centre. ...
QICGRE centres delivers Easter kindness
Across QICGRE’s shopping centres, acts of kindness are being spread to their communities. In a bid to keep community spirits high and sweettooth’s satisfied, a number of QICGRE’s Hyperdome (QLD),...
Lendlease’s Darling Quarter moves popular yoga online
Starting on Monday 6 April, Darling Quarter will be hosting kids yoga sessions to provide some entertainment during self-isolation. The popular program normally runs at Darling Quarter and has attracted...
Retailers and restaurants adapt to support those in need
The COVID-19 crisis has left no industry untouched; many Australians have lost their jobs, healthcare workers are working under enormous pressure and many businesses have had to close suddenly. However...
Eastland partners with Glad Group to deliver toilet paper
QICGRE’s Eastland and Glad Group have partnered in an initiative to deliver toilet paper to Maroondah residents in need. Eastland is proud to announce it has teamed up with their...
Ruined mall turns in to lush lagoon and park
Tainan Spring recently opened to excited visitors on March 7, in the midst of the coronavirus outbreak. What stood before was a lush lagoon and park in the preserved ruin of...
The ‘substitution effect’ creates consumer rush for household products
A new shopping frenzy is taking hold as consumers rush to buy a host of products to maintain their lifestyle at home. Dr Prashan Karunaratne, economist from the Macquarie University...
Launch of national campaign to promote social distancing on building sites
The federal government announced a number of weeks ago that construction is an essential industry, but as we all know this issue is moving at a rapid rate, and things...
Retailers and shopping centres unite in call for retail leasing industry code of conduct
Australia’s national retail groups and shopping centre landlords have united in a set of retail leasing principles and calling for the implementation of a national Code of Conduct for retail...
Riverdale Village Town Centre defies challenging environment and opens
Riverdale Village Town Centre has defied the challenging environment in becoming one of the only Shopping Centres in Australia to open amid the COVID-19 outbreak, bringing much-needed facilities to one...
No eviction guarantee for retailers
The Prime Minister, Scott Morrison announced yesterday, the National Cabinet agreed to a moratorium on evictions over the next six months for commercial and residential tenancies in financial distress who...
NSW tenants granted eviction prevention
In these uncertain times and with new government restrictions being announced daily, one of the biggest costs for shopping centre retail tenants is the cost of rent. This week, the...
Woolworths Group helps small business with rental relief and employment opportunities
Woolworths Group has announced it will be offering support in way of rental relief and employment opportunities to help retail tenants in its shopping centres and other retail assets impacted...
Bunnings Warehouse in Adelaide’s north-east marks prime retail offering
Bunnings Warehouse in Modbury presents investors with a chance to break into a fiercely and tightly held retail market. The site at 933-945 North East Road, Modbury is 100% leased to...
Government orders further retailers and venues to close
Following last night’s National Cabinet meeting with further restrictions on restaurants and cafés, and the closure of gyms and cinemas, the Prime Minister announced shopping centres will remain open to...
How Shopping Centres globally are responding to COVID-19
As the world copes with the coronavirus (COVID-19) pandemic, global technology company Aislelabs are compiling a constantly updating resource for how shopping centres are responding to the crisis around the world. The...
South Australian centre Newton Village Shopping Centre sells
Western Sydney group Revelop has snapped up a neighbourhood shopping centre in Adelaide boasting two leading anchor supermarkets for circa $30 million in a display of confidence in the South...
Coles community hours helps more Australians
Coles is dedicating two Community Hour shopping periods per week to emergency services and healthcare workers, who are essential to protecting the community during the COVID-19 pandemic. Many of these workers...
Toys R Us offers grandparents free shipping
Toys”R”Us are offering grandparents the option for free shipping on their toy purchases in the wake of COVID-19 social distancing measures, which will see grandparents unable to visit their grandchildren...
ARA and SDA join forces to ask for government Retail Industry Rescue Package
The Executive Director of the Australian Retailers Association (ARA), Russell Zimmerman, and the National Secretary of the Shop, Distributive and Allied Employees’ Association (SDA), Gerard Dwyer have called on the...
Shopping Centres remain open, while gyms, cinemas, restaurants and cafés to close
During the COVID-19 crisis shopping centres have remained open, with many experiencing spikes in foot traffic due to increased supermarket and food spending. On Sunday night, the Federal government announced that the...
SDA, NRA & SCCA urge the community to “respect our retail workers”
As many Australians face very real challenges of self-isolation and social distancing in light of the ever-changing COVID-19 situation, it’s important to be aware of the many ways we can...
COVID-19 UPDATE – Earnings and Distribution Guidance Withdrawal
Given the rapid escalation of measures being employed by governments and business to slow the spread of the COVID-19 virus and the current uncertainty in relation to the duration and...
Eastern Creek Quarter retail centre cancels opening due to COVID-19
Frasers Property Australia has announced that the planned opening of Easter Creek Quarter (ECQ), a brand new 10,000m2 (GLA) retail centre in Western Sydney, will not proceed as planned, while Woolworths...
Shopper Media creates kindness message in Shopping Centres
Shopper Media this week launched its own community campaign, “Kindness is…” across its Smartlite Network to encourage shoppers to remain calm, embrace a community spirit and practise healthy hygiene as foot traffic...
Shopping Centres remain fully open for business
Scentre Group acknowledges the recent statements by Prime Minister Scott Morrison, that shopping centres are ‘essential activities’ and will remain open for normal trade. Other landlords have also issued statements...
Sentinel sells Dubbo’s Riverdale Shopping Centre for $20.17 million
Sentinel Property Group has sold a high performing regional neighbourhood shopping centre with expansion potential (STCA) at Dubbo in central west NSW for $20.17 million. The Woolworths and Reading Cinemas...
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