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Shopping centre investment activity forecast to rise by 50%
Shopping centre investment activity forecast to rise by 50%
Tailwinds are emerging for Australia’s shopping centre sector after investment hit a cyclical low last year. CBRE’s latest Australian Shopping Centres research report forecasts shopping centre investment will grow by...
Nike joins Mānawa Bay with its largest store in the country
Nike joins Mānawa Bay with its largest store in the country
An inviting and inclusive shopping experience for all is being created at Mānawa Bay, as New Zealand’s first premium outlet shopping centre prepares for the final stages of construction and...
Precision Group announces Big W and Woolworths to open at Port Adelaide Plaza
Precision Group announces Big W and Woolworths to open at Port Adelaide Plaza
Precision Group has partnered with Woolworths Group to bring a brand-new Big W and Woolworths Supermarket to its Port Adelaide Plaza. The inclusion of Big W is a very exciting...
Rosebud Plaza’s recognition at SCCA Awards supports Vinnies Kitchen
Rosebud Plaza’s recognition at SCCA Awards supports Vinnies Kitchen
The Shopping Centre Council of Australia (SCCA) has presented $5,000 to Vinnies Kitchen in Rosebud Victoria, to assist the charity continue to provide free, two-course meals to those across the...
Retail Trends 2024: Asset Management trumps greenfield development
Retail Trends 2024: Asset Management trumps greenfield development
The team at Titanium look at the retail trends for 2024 across developments, leasing, design and food. In a period where capital and developments are hard to get off the...
The first Sydney metropolitan neighbourhood centre for 2024 comes to market
The first Sydney metropolitan neighbourhood centre for 2024 comes to market
Richmond Mall has been listed for sale, representing the first Sydney metropolitan neighbourhood centre offered to the market in 2024. The recently refurbished neighbourhood centre is anchored by a strong...
Scentre Group reports 5.2% growth in full year funds from operations
Scentre Group reports 5.2% growth in full year funds from operations
Scentre Group has released its results for the 12 months to 31 December 2023 with Funds From Operations (FFO) of $1,094.2 million, up 5.2% on the previous year. Statutory Profit...
Demand for Large Format Retail signals increased investment opportunity
Demand for Large Format Retail signals increased investment opportunity
JLL Retail Investments Australia & New Zealand has released its latest insights on the Large Format Retail (LFR) sub-sector, highlighting supply scarcity and strengthening fundamentals as the catalyst for increasing...
2024 – A key year for further retail crime collaboration
2024 – A key year for further retail crime collaboration
The National Retail Association (NRA), the Shopping Centre Council of Australia (SCCA) and the Australian Association of Convenience Stores (AACS), are gearing up for another year of working collaboratively on...
The Gold Coast’s Capri on Via Roma listed for sale
The Gold Coast’s Capri on Via Roma listed for sale
Stonebridge’s Philip Gartland and Carl Molony, alongside McVay Real Estate’s Sam McVay and Dan McVay, have been exclusively appointed on behalf of Mulpha to market for sale of the Gold...
Bayfair Shopping Centre becomes the most sustainable shopping centre in New Zealand
Bayfair Shopping Centre becomes the most sustainable shopping centre in New Zealand
Tauranga’s shopping, dining, and entertainment hub Bayfair Shopping Centre has been at the forefront of shopping centre sustainability in New Zealand for the past 20 years – and now, the...
Meet CBRE’s new Head of Retail – Sheree Griff
Meet CBRE’s new Head of Retail – Sheree Griff
The Shopping Centre industry is driven by people. It’s the skills and expertise of the people that manage, develop and evolve shopping centres for their communities that create this dynamic...
Vicinity delivers resilient financial results and demonstrates execution of long-term growth strategy
Vicinity delivers resilient financial results and demonstrates execution of long-term growth strategy
Vicinity Centres has announced its results for the six months ended 31 December 2023 (‘1H FY24’), with statutory net profit after tax (‘NPAT’) of $223.5 million and Funds From Operations...
CBRE Research: CBD retail vacancy tightening across Australia’s major city markets
CBRE Research: CBD retail vacancy tightening across Australia’s major city markets
CBRE’s latest Australian CBD Retail Vacancy H2 2023 report highlights that of the four capital cities surveyed, Melbourne continues to record the lowest vacancy in the country at 7.37% as...
Retail grants and incentives of up to $500K to join mixed-use Brisbane riverfront village
Retail grants and incentives of up to $500K to join mixed-use Brisbane riverfront village
Grants and incentives are being offered to retailers to establish at Portside Wharf in Brisbane as part of a $20 million enhancement program revitalising the mixed-use riverfront precinct ahead of...
Sharp yield for Victorian Woolworths anchored neighbourhood shopping centre
Sharp yield for Victorian Woolworths anchored neighbourhood shopping centre
Neighbourhood shopping centre, Pakington Strand has sold on a benchmark yield of sub-5.50%. The sale was managed by Colliers’ Tim McIntosh and James Wilson in conjunction with Stonebridge’s Kevin Tong...
Rundle Mall extends retail trade during festival season
Rundle Mall extends retail trade during festival season
Extended Saturday trading, an espresso martini bar, live street performers and DJs will headline this year’s MallFest, as Festival Season arrives in Rundle Mall. Retailers in Rundle Mall will open...
TOGA brings Harris Farm Markets to Marrickville
TOGA brings Harris Farm Markets to Marrickville
Australian developer TOGA has announced Harris Farm Markets as the supermarket tenant at its new urban precinct, Wicks Place in Sydney’s Inner West. Located at 186 Victoria Road, Marrickville, Harris...
Sutherland Shire’s newest shopping centre opens
Sutherland Shire’s newest shopping centre opens
Woolooware Bay residents and local shoppers are embracing Australian developer Novm’s new Bay Central shopping centre in Sydney’s Sutherland Shire, which is now open to the public. The new centre...
Swiss Concept and JOJI to complete luxe line-up at 388 George Street
Swiss Concept and JOJI to complete luxe line-up at 388 George Street
A sophisticated new Japanese-inspired rooftop restaurant and a high-end Swiss timepiece retailer will complete the line-up of retail offerings at 388 George Street’s retail precinct – Sydney CBD’s newest hub...
From COVID crosshairs to 2023’s most traded property asset: Retail’s fund/syndicate and private investment boost
From COVID crosshairs to 2023’s most traded property asset: Retail’s fund/syndicate and private investment boost
Fund/syndicate and private investors seized counter-cyclical opportunities, collectively accounting for 77% of all retail deals last year, according to Colliers Retail Investment Review 2023. Despite a drop in traditionally dominant...
Coles anchored Whiteman Edge Village sold for $39m
Coles anchored Whiteman Edge Village sold for $39m
JLL has announced the sale and settlement of Whiteman Edge Village and adjacent development site on behalf of Coles Group Property Developments for $39.067 million. Opened in June 2021, Whiteman...
GPT appoints Louise Mason as Independent Non-Executive Director
GPT appoints Louise Mason as Independent Non-Executive Director
The GPT Group has announced the appointment of Louise Mason as an Independent Non-Executive Director with effect from 1 May 2024. Mason is an experienced property executive with more than...
Largest Melbourne CBD transaction of 2023 with sale of Mitchell & Milledge House
Largest Melbourne CBD transaction of 2023 with sale of Mitchell & Milledge House
After more than five decades, the historically iconic Mitchell and Milledge House, two freehold properties situated on one of Melbourne CBD’s most prominent corners, have undergone a transaction, marking the...
Parkstone and Centennial buy Bundaberg’s biggest retail centre for $107m
Parkstone and Centennial buy Bundaberg’s biggest retail centre for $107m
Parkstone Funds Management, in partnership with fund manager Centennial, has exchanged contracts to purchase Bundaberg’s biggest and highest-performing retail precinct, the Hinkler Central Shopping Centre, for $107 million from QIC...
QV Melbourne celebrates Lunar New Year
QV Melbourne celebrates Lunar New Year
From 8-21 February, QV Melbourne welcomes the Year of the Dragon with a bespoke installation, The Dragon’s Tale. Following last year’s delightful Dancing Bunnies, The Dragon’s Tale is a giant...
Hampton Central for sale in Melbourne’s affluent bayside
Hampton Central for sale in Melbourne’s affluent bayside
A strong-performing freestanding Woolworths supermarket on a net lease alongside a collection of prime retail shops hits the market. Stonebridge Property Group’s Justin Dowers and Kevin Tong have been exclusively...
Vale Lang Walker AO
Vale Lang Walker AO
The Directors of Walker Group have paid tribute to Founder and Chairman Lang Walker who passed away peacefully at home in Sydney with his family by his side. The Billionaire...
Adelaide spends big in Boxing Day and Black Friday sales bonanza
Adelaide spends big in Boxing Day and Black Friday sales bonanza
City shoppers have soaked up the Black Friday and Boxing Day sales in Rundle Mall with new data showing strong foot traffic and sales growth, according to the Adelaide Economic...
Croydon Central to host monthly ‘Market Day’
Croydon Central to host monthly ‘Market Day’
Haben’s Croydon Central Shopping Centre continues to pay homage to a piece of its market history, hosting its second fun-filled Market Day on Sunday 21 January, with subsequent Market Days...
Sod Turning marks the beginning of long-awaited neighbourhood centre
Sod Turning marks the beginning of long-awaited neighbourhood centre
Revelop has commenced construction works this week after the official sod-turning ceremony held on Wednesday 18th January at its Calderwood Village site. The circa $50 million development approved in the...
Australian retail market finished with transaction rush in 2023
Australian retail market finished with transaction rush in 2023
For the first time since 2004, Retail Investment transaction volumes were higher than Office and Industrial with $6.25 billion of sales representing 36% of the traditional property sectors. According to...

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