Centuria Capital Group has announced its acquisition of Busselton Boulevard Shopping Centre in WA for $16 million, following its recent acquisition of Margaret River Shopping Centre. The combined total for...
Melbourne-based Nikos Property Group has forged its second partnership with Vicinity Centres (VCX) after exchanging unconditional contracts to acquire a 50% interest in the Broadmeadows Central shopping centre in Victoria...
Sekisui House Australia has today announced its divestment of Ripley Town Centre — a 68-hectare, mixed-use master-planned community in south-east Queensland’s western growth corridor — following a comprehensive review of...
Investors are turning their sights to large format retail centres as strong population growth forecasts and a limited supply pipeline enhance the sector’s income and value prospects. Large format retail...
CBRE
Mintus
James Douglas
Stonebridge Property Group
Justin Dowers
Michael Hedger
Joe Tynan
Philip Gartland
Alex James-Elliott
Woolworths Group
Cranbourne West Shopping Centre
Bathurst Chase
Mintus secures Bathurst Chase and Cranbourne West Shopping Centre
Mintus secures Bathurst Chase and Cranbourne West ...
Property investment and development firm Mintus has secured Bathurst Chase for $17.5 million from Quanta Investment Funds, as well as its first Victorian acquisition, Cranbourne West Shopping Centre, for $41.8...
A new CBRE Viewpoint report suggests that our biggest shopping centres are much better positioned than our leading office towers, with a retail EV charging station penetration rate of 78%,...
jll
CBRE
Sam Hatcher
James Douglas
Michael Hedger
Joe Tynan
Jacob Swan
Woolworths Group
Ned McKendry
Dakabin Shopping Centre
Bannockburn Village Shopping Centre
Woolworths sells two Queensland centres for $66 million
Woolworths sells two Queensland centres for $66 mi...
Supermarket giant Woolworths Group has sold two of its newest neighbourhood shopping centres in South-East Queensland, to Brisbane private investors, for a combined price of $66 million amid continued demand...
Deepwater Plaza, Woy Woy has been sold to a private investor for $111 million as interest in convenience-focused sub-regional centres continues to increase. Simon Rooney, CBRE’s Head of Retail Capital...
CBRE
Simon Rooney
Lewis Land Group
Harbour Town Premium Outlets
Matthew McCarron
Harbour Town Premium Outlets Adelaide
Lewis Land to sell Adelaide’s only purpose-built outlet shopping centre
Lewis Land to sell Adelaide’s only purpose-b...
The highly successful Harbour Town Premium Outlets, Adelaide’s only purpose-built outlet shopping centre, is being offered for sale for the first time on behalf of Lewis Land Group. The decision...
Lendlease’s Australian Prime Property Fund (APPF) Retail and co-owner Lendlease Group have exchanged contracts on the sale of Craigieburn Central to IP Generation for a gross price of $300 million...
CBRE
IP Generation
Chloe Mason
Rockingham Centre
Adam Davis
Mustera Property Group
Shoalwater Shopping Centre
Aaron Desange
Neighbourhood centre in Perth’s Rockingham listed for sale
Neighbourhood centre in Perth’s Rockingham l...
ASX-listed Mustera Property Group are set to sell its Shoalwater Shopping Centre within Perth’s city, Rockingham. Positioned on a 1.47ha site, the neighbourhood centre has a 6.3 year WALE with...
CBRE
James Douglas
Stonebridge Property Group
Michael Hedger
Joe Tynan
Philip Gartland
Alex James-Elliott
Bathurst Chase
Quanta Investment Funds
Bathurst Chase Shopping Centre listed for sale
Bathurst Chase Shopping Centre listed for sale
Bathurst Chase Shopping Centre has been listed for sale by Quanta Investment Funds, presenting an opportunity to acquire a strong-performing convenience and service-focused neighbourhood shopping centre. CBRE’s James Douglas, Joe...
Melbourne is leading the national CBD retail recovery, with the city’s vacancy rate in the single figures after plummeting by 5.6 percentage points. Nationwide, Australia’s CBD retail vacancy rate tightened...
Family development group Horwell Property Investments has purchased Westpoint Shopping Centre in Browns Plains, Queensland for $46.50 million. The deal, brokered by CBRE’s Joe Tynan and Michael Hedger achieved a...
IP Generation has acquired a 50% stake in Western Australia’s Rockingham Centre for $180 million in its latest major shopping centre purchase. Struck on a core capitalisation rate of circa...
What will influence how people use real estate in the future? A new CBRE poll has highlighted some surprising preferences, with one-third of respondents wanting to move in the next...
CBRE
James Douglas
Bruce McCully
Jason Huljich
Centuria
Margaret River Shopping Centre
VPG Property
Craig Butler
Chloe Mason
David Walser
Centuria acquires Margaret River Shopping Centre from local vendor
Centuria acquires Margaret River Shopping Centre f...
Centuria Capital Group has secured the Margaret River Shopping Centre, WA, for $15 million, reflecting a 6.47% initial passing yield. The acquisition adds to Centuria’s existing $1.7 billion daily needs...
Property investment and development firm Mintus has secured Brisbane’s Beenleigh Marketplace for $85 million as interest in sub-regional shopping centres continues to surge. CBRE’s Simon Rooney negotiated the off-market sale...
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CBRE
lendlease
Sid Sharma
Simon Rooney
HomeCo
David Di Pilla
Sam Hatcher
James Douglas
Nick Willis
Menai Marketplace
Southlands Boulevarde
Lendlease sells two convenience-based assets for $242.5m
Lendlease sells two convenience-based assets for $...
The Lendlease Sub-Regional Retail Fund (LLSRF) has secured the sale of Menai Marketplace in NSW and Southlands Boulevarde in WA for a total consideration of $242.5 million. HMC Capital –...
CBRE
Coles
neighbourhood centres
James Douglas
Busselton Boulevard
Margaret River Shopping Centre
VPG Property
Craig Butler
Margaret River and Busselton shopping centres on the market
Margaret River and Busselton shopping centres on t...
A pair of shopping centres in popular holiday spots in the southwest of Western Australia have been listed for sale for the first time in ten years by a private family...
Supermarket giant Woolworths is preparing to sell two of its newest neighbourhood shopping centre developments in South East Queensland amid continued strong demand for convenience-based retail investment opportunities. The assets...
Singapore-based Sim Lian – Metro Capital has secured Shepparton Marketplace in regional Victoria for $88.1 million in its latest Australian retail acquisition. CBRE’s Simon Rooney and James Douglas negotiated the...
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CBRE
Woolworths
neighbourhood centres
Michael Hedger
Joe Tynan
Nick Willis
Sebastian Fahey
Clarence Property
Ormeau Marketplace
Ormeau Marketplace changes hands for $34m
Ormeau Marketplace changes hands for $34m
A private investor has purchased Ormeau Marketplace in South East Queensland from regional fund manager Clarence Property for $34 million. The deal was brokered by CBRE’s Joe Tynan and Michael...
Hong Kong-based JY Group has expanded its Australian shopping centre portfolio with the $120.5 million acquisition of a 50% stake in Sydney’s Carlingford Court. The purchase boosts the value of...
Adelaide’s Large Format Retail (LFR) vacancy rate has shrunk to a record low of just 0.58% as retailer confidence spurs new development projects. CBRE’s latest data shows Adelaide’s current LFR...
The Dandenong Plaza retail complex in Melbourne’s growing south-east has been acquired by development group Pelligra for $145 million. The sub-regional centre has a developed masterplan to expand and activate...
Forgive the pun, but construction costs are going through the roof! Structural steel is up 40% and plasterboard 35% on last year’s figures. That’s not all; labour costs are rising...
Beaudesert Fair Shopping Centre, the largest within south-east Queensland’s Scenic Rim Region, has been listed for sale after undergoing an extensive repositioning and capital expenditure program. Located 65km south of...
Greenpool Capital and Savills Investment Management have purchased the Forest Lakes Shopping Centre in Perth’s south-eastern suburbs for $81.5 million. Located in the inner-Perth suburb of Thornlie, 15km from the...
CVS Lane and Consolidated Properties Group (CPG) have commenced a formal sales and marketing campaign for five of the neighbourhood shopping centres in their South-East Queensland portfolio. The centres, which...
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CBRE
lendlease
Simon Rooney
Sam Hatcher
James Douglas
Nick Willis
Menai Marketplace
Settlement City
Southlands Boulevarde
Sub-Regional Retail Fund
Lendlease Sub-Regional Retail Fund assets for sale
Lendlease Sub-Regional Retail Fund assets for sale
The Lendlease Sub-Regional Retail Fund (LLSRF), an unlisted wholesale fund managed by the global real estate group, will test investor demand for a portfolio of three dominant convenience-based sub-regional centres...
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...
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