Opportunity amid volatility: What’s next for construction?
Mainbrace has established itself as one of Australia’s leading shopping centre construction companies. Although it’s not our business, what happens in the construction industry, what affects it, the challenges it...
COVID-19: observations and lessons
Our industry as a whole, represented by the Shopping Centre Council of Australia (SCCA), has performed in an exemplary manner during the COVID-19 period. Shopping centres are the most visited,...
From the Publisher – March 2021
What a difference! A Big Guns issue without any rankings. Just over one year ago, that was, quite simply, inconceivable. This year, SCN made a decision not to publish any MAT...
Understanding rental determinations
Many tenants and landlords are unaware of the tools to help them negotiate the market value of their lease. In this article, Simon Fonteyn of LeaseInfo discuss the process of...
SME retailer rental assistance
The Government, Retail Associations and the SCCA, have all tried to reduce the stress being felt by stakeholders in the Shopping Centre industry. Certain retailers have suffered; others have done...
10 key actions for retail recovery
As lockdown restrictions begin to be lifted and businesses reopen, the retail community is determined to maintain the highest safety standards possible. In addition to safeguarding the community from exposure...
Retail investment review – $6.84 billion trading in 2019
Australian retail property assets remain well sought after with $6.84 billion trading in 2019, underpinned by domestic and offshore groups who continue to see value in the sector. Retail investment...
Wage compliance
Short changing workers by not paying them correctly is making big news. From small businesses to franchise operators to massive retail organisations – parts of all sectors have been affected....
Reinvest to Reinvent
Chris Barnett is GPT’s new Head of Retail. In this article, he outlines GPT’s approach to reinventing the company’s retail centres. It’s all about being ‘customer focused’ – finding out...
Mind the Gap
Cap rates used to move in predictable ways. There was always a constant and definable relationship between Cap rates and Bond rates. Not anymore. Today, it’s like someone’s kicked the...
Scentre Group’s approach as a responsible, sustainable business
How a company thinks about its contribution to the economy, its people as well as the environment and social fabric of the communities it serves is increasingly becoming an expectation...
ACT tax reform: landmark inquiry report finds that reform doesn’t translate to fairness
A Parliamentary Inquiry Report was recently handed down in the ACT. In part, it deals with the unfairness of the ‘so-called’ ACT tax reforms of 2012/13 in relation to shopping...
The evolution and resilience of Australian Retail
The retail team at Colliers International analyses the evolutionary led changes to the composition of Australian shopping centres and key factors underpinning the resilience of bricks-and-mortar retailing. There is no denying...
Retail Industry Sales Reporting Code of Practice finalised
Since the early days of our industry, the issue of turnover figures supplied by retailers to landlords has always been contentious. Whenever the issue was tabled, there was always an...
Insights from a project manager on successful tenancy coordination
Tenancy coordination can be a tricky business. There are a number of stakeholders involved, and if it is not planned and managed correctly from the beginning, it can often lead...
Building the illusion of business as usual
The current state of the retail construction market is categorised by a greater focus on refurbishments, extensions and interior re-purposing projects, as opposed to new greenfield developments. These types of...
Mini Guns – dependable all year round
Here’s a view of the Mini Guns sector from an ‘outsider’. It’s a view of an ecomomist from some different angles. Quantium’s property division combines data science and artificial intelligence to...
Super-neighbourhood centres will outperform market benchmarks
You’ve only got to look at the ownership list of Mini Gun centres to realise where the smart money has been going these past few years. Once a sector in...
Supermarkets and the ability to evolve en masse
Walk into the major supermarket that anchors your local shopping centre today, and it’s most likely a vastly changed environment than it was ten years ago. And the trends in...
Department Stores – revising business strategies
Department stores, in the main, are having a tough time of it and have been for a few years now. In the US, the situation is worse than here with...
How to retain top talent
By Gough Recruitment Employees who move rapidly from employer to employer throughout their career are described as ‘job-hoppers’. Only a few generations ago, businesses considered job-hoppers a risk to avoid....
World Square
A local destination with an international audience As Sydney continues to grow into its well-deserved reputation as an important global city straddling East and West, the redevelopment and expansion of...
Interior re-purposing without the interruptions
One of the shopping centre manager’s biggest headaches is caused by construction works or interior works in an existing centre. Retailers need to trade alongside construction activity; shoppers need to...
George Street Boulevard
The completion of Sydney’s new George Street Boulevard is sparking a major shift in the city’s retail landscape, with the once renowned grid-locked strip fast becoming a retail powerhouse. While...
Quay Quarter
A bold new neighbourhood emerges in the heart of Sydney’s CBD Set to transform Sydney’s northern CBD, Quay Quarter Sydney, incorporating Quay Quarter Tower, 33 Alfred Street and the Young...
Minimising construction waste to maximise the customer experience
Developing a shopping centre is a team effort. The architect doesn’t know what to design without a market research input. The retail plan can’t be finalised without the leasing input....
Redevelopments and refurbs – driving retail forward
The ongoing relatively strong performance of food-based and non-discretionary retailing has been highlighted in JLL’s latest national retail survey. The Retail Centre Managers’ Survey, undertaken in August...
Super neighbourhood centres: a licence to experiment
If the super neighbourhood centre of the future is to fulfil its potential and serve as the local community’s natural heart, to become a piece of social infrastructure in which the...
Millennial dads: fashionable, financially secure and family oriented
New research has highlighted that Australian millennial dads (aged 18-34) are a particularly different breed of dad compared to their older counterparts...
Opportunities for Australia in the Chinese shopping centre industry
Some years ago, Frank Lowy, the co-founder of Westfield, was asked why the company had not yet entered the developing shopping centre industry in China...
A focus on the social dollar can pay real dividends
With the rise of mixed-use town centres comes a new focus on social retail – incorporating community services, entertainment, fresh food and an engaging shopping experience...
“And so ends another review: what now?”
In late April 2017, NSW Deputy Premier and Minister for Small Business, John Barilaro, announced that the newly amended Retail Leases Act will commence...
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