Rumours of the demise of CBD shopping centres have been greatly exaggerated
How often have we read fairly recently of the demise of CBD retail? More often than not, it is down to sensationalism – that sells newspapers – and many journalists...
On board – Taking retail lessons from cruise ships
Australians have long enjoyed a love affair with cruising. From P&O’s Fairstar The Funship in the 1980s to the floating cities on the sea today, the global cruising industry is worth a whopping $7.25 billion, bouncing back from COVID-19 devastation and growing steadily. On board, passengers happily exchange their space,...
Melbourne shopfronts spring to life with Australia’s lowest retail vacancy rate
One of Melbourne’s most-loved laneways, Centre Place, is springing to life with small businesses – as new data shows Melbourne continues to record the lowest retail vacancy rate in the...
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...
Sydney’s customer experience evolves as population rises
According to CBRE’s latest research report, Sydney’s retail landscape is quickly changing as customer experience and consumer demands evolve across multiple industries, alongside a rapidly rising population. The research explores...
Adelaide Central Plaza expands its luxury retail offering
One of the most recognised luxury brands in the world, Louis Vuitton has opened a pop-up at Adelaide Central Plaza, joining global luxury designers and local premium brands in Adelaide’s...
The renaissance of CBD retail precincts
This article by Marco Ettorre, Executive General Manager, Retail at Dexus, forms part of our ‘Activating Retail Precincts’ feature published in the latest edition of Shopping Centre News. Australia’s retail...
Appetite for luxury retail and fine dining continues to soar despite interest fears
The luxury retail market is performing exceptionally well across the nation’s CBDs despite current economic challenges. Australians have spent 27% more on dining and restaurant experiences during the year’s first...
Australia’s first citywide digital marketplace launches in Adelaide
South Australians can now shop at a range of city businesses from just one website and have their items delivered to their door the next day, with the launch of...
Neon Playground by Chinatown – driving business outcomes and community engagement
The launch of the five-week Neon Playground by Chinatown festival of art, lights, music, food and community has delivered tangible impacts for businesses around the Asian Australian cultural hub of...
Exclusive Melbourne CBD retail centre for sale
An exclusive investment in one of Australia’s most sought-after retail precincts comes to market with St. Collins Lane set to attract major interest due to its scale and prime location...
Vogue American Express Fashion’s Night Out returns to Sydney
The biggest one-night shopping event in Australia returns to Sydney next week and is expected to attract tens of thousands of visitors to CBD retailers and businesses. Hundreds of retailers...
Urban retail destinations that excite and engage
This article by Simon Van De Velde, Head of Retail Leasing and Acting Head of Property Management at Lendlease, forms part of a special CBD feature, first published in SCN‘s...
Brisbane’s boom mitigates COVID impacts
It seems Brisbane CBD has weathered the COVID storm better than most other capitals although what’s clear is that ‘secondary locations’ have taken a hit. This report by CBRE’s Kate...
High-profile Sydney retail centre listed for sale
Central Park DUO has come to market and presents as an immaculate retail centre consisting of eight external facing shops with rare Broadway frontage totalling 1,090m2. The asset is located...
Link acquires iconic Sydney CBD retail portfolio for $538.2 million
Hong Kong’s Link REIT has acquired a 50% interest in trophy Sydney retail assets the Queen Victoria Building (QVB), The Strand Arcade and The Galeries in a landmark transaction valued...
Retail Ready with Colliers: Rare CBD supply drives major brand enquiry
The retail rebound is very front of mind for the retail industry and the broader Australian community as consumers, brands and venues eagerly await lockdowns to lift and enter the...
The City of Sydney launches retail innovation program
In an effort to support CBD businesses, The City of Sydney’s Adapt and Advance webinar series kicks off today and is targeted at the retail and hospitality sector. A second...
Melbourne’s St Collins Lane listed for sale
Amid strong ongoing demand for core CBD retail investment opportunities, a 100% interest in Melbourne’s flagship St Collins Lane CBD shopping centre is being brought to market by Fund manager JPMorgan...
Mirvac announces Lotte Duty Free Australian Flagship for 55 Market St Sydney
Leading the renaissance of luxury retail in the Sydney CBD will be the prestige retail duty free global powerhouse Lotte Duty Free signing a deal announced today by Mirvac Retail...
Luxury fashion house Saint Laurent arrives at QueensPlaza
Luxury fashion house Saint Laurent opened the doors to its first Queensland boutique at Brisbane’s home of luxury shopping, QueensPlaza on the 28 March. The opening of Saint Laurent’s sixth Australian...
Vicinity’s grand plans for the QVB
In a landmark transaction with GIC about a year ago, Vicinity Centres gained a 50% stake in the iconic QVB retail centre, as well as The Strand and The Galeries....
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