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Centuria acquires Busselton Boulevard Shopping Centre
Centuria acquires Busselton Boulevard Shopping Centre
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...
Vicinity Centres sells stake in Broadmeadows Central to Nikos Property Group
Vicinity Centres sells stake in Broadmeadows Central to Nikos Property Group
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 announces strategic divestment in Ripley Town Centre
Sekisui House announces strategic divestment in Ripley Town Centre
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...
Growth prospects fuel investor appetite for Australia’s large format retail sector
Growth prospects fuel investor appetite for Australia’s large format retail sector
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...
Mintus secures Bathurst Chase and Cranbourne West Shopping Centre
Mintus secures Bathurst Chase and Cranbourne West Shopping Centre
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...
Which Australian cities are best prepared for an electric vehicle influx?
Which Australian cities are best prepared for an electric vehicle influx?
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%,...
Woolworths sells two Queensland centres for $66 million
Woolworths sells two Queensland centres for $66 million
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...
Dexus completes $284.1 million in disposals with Deepwater Plaza sale
Dexus completes $284.1 million in disposals with Deepwater Plaza sale
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...
Lewis Land to sell Adelaide’s only purpose-built outlet shopping centre
Lewis Land to sell Adelaide’s only purpose-built outlet shopping centre
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...
IP Generation completes its largest individual shopping centre acquisition to date
IP Generation completes its largest individual shopping centre acquisition to date
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...
Neighbourhood centre in Perth’s Rockingham listed for sale
Neighbourhood centre in Perth’s Rockingham listed for sale
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...
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 emerges as the come-back kid as CBD retail vacancies fall
Melbourne emerges as the come-back kid as CBD retail vacancies fall
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...
Westpoint Shopping Centre, Queensland sells for $46.5 million
Westpoint Shopping Centre, Queensland sells for $46.5 million
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 finalises $180 million shopping centre acquisition in WA
IP Generation finalises $180 million shopping centre acquisition in WA
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...
How will Australians live, work and shop in the future?
How will Australians live, work and shop in the future?
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...
Centuria acquires Margaret River Shopping Centre from local vendor
Centuria acquires Margaret River Shopping Centre from local vendor
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...
Mintus to acquire Beenleigh Marketplace for $85 million
Mintus to acquire Beenleigh Marketplace for $85 million
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...
Lendlease sells two convenience-based assets for $242.5m
Lendlease sells two convenience-based assets for $242.5m
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 –...
Margaret River and Busselton shopping centres on the market
Margaret River and Busselton shopping centres on the market
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...
Woolworths to sell two new neighbourhood shopping centres in SEQ
Woolworths to sell two new neighbourhood shopping centres in SEQ
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...
Dexus sells Shepparton Marketplace for $88.1m
Dexus sells Shepparton Marketplace for $88.1m
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...
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...
Stake in Carlingford Court sells for $120.5m
Stake in Carlingford Court sells for $120.5m
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...
Two new LFR developments underway as demand in Adelaide continues
Two new LFR developments underway as demand in Adelaide continues
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...
Dandenong Plaza sells for $145 million in off-market deal
Dandenong Plaza sells for $145 million in off-market deal
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...
Rising construction costs
Rising construction costs
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...
Recently renovated Beaudesert Fair Shopping Centre listed for sale
Recently renovated Beaudesert Fair Shopping Centre listed for sale
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...
Perth shopping centre changes hands in $81.5m off-market deal
Perth shopping centre changes hands in $81.5m off-market deal
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 CPG place South-East Queensland retail asset portfolio on market
CVS Lane and CPG place South-East Queensland retail asset portfolio on market
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...
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...
Brisbane’s boom mitigates COVID impacts
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...

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