The Lendlease-managed Australian Prime Property Fund Retail (APPF Retail) has sold its 50% stake in Westfield Marion shopping centre, Adelaide. It has been acquired by a Moelis Australia managed investment...
Vicinity Centres have divested two of their non-core assets for a combined value of $195.5 million. Mt Ommaney Centre in Queensland sold for $94.5 million (Vicinity’s 25% interest), a 3.3% premium...
A Woolworths supermarket in Leongatha, 135kms south-east of Melbourne has topped the results board at CBRE’s tenth Premium Property Portfolio Auction (PPPA) with four properties selling for a total of $32.7...
The Lendlease Real Estate Partners New Zealand fund is set to sell New Zealand’s premier retail portfolio, which is expected to fetch a combined price in excess of NZ$350 million. Colliers...
Stronger SA economy is attracting new investor interest with a private South Australian investor paying $12.95 million on a 7.57% yield for Moelis Australia’s Hollywood Plaza Large Format Retail Centre at...
A syndicate of developers has sold Trinity Village, a neighbourhood shopping centre in Perth’s north western growth suburb of Alkimos, for $34,050,000. With a net lettable area of 6,081m2, the neighbourhood...
Moelis Australia Asset Management has listed its Hollywood Plaza Large Format Retail Centre in Adelaide on the market. The fully leased, 8,080m2 centre, returns an annual net income of $980,000...
Parkinson Plaza shopping centre in Brisbane’s south has changed hands for $17.5 million. Through a tightly conducted Expressions of Interest campaign, the buyer was secured on a cash unconditional contract...
Simon Rooney, arguably Australia’s leading Capital Markets broker, will join CBRE as Executive Managing Director, Retail Investments. Rooney is well known for the volume of retail transactions he has executed totalling...
The Coles supermarket that anchors the strata titled Lalor Plaza neighbourhood shopping has been sold at auction to a domestic investor with Hong Kong heritage for $7.38 million. The purchaser outbid...
Darwin based developer Gwelo Developments has put its Coles and Kmart anchored Coolalinga Central Shopping Centre on the market offering investors an estimated $7.17 million net annual income fully leased. According to...
AMP Capital Diversified Property Fund has sold Crossroads Homemaker Centre to AsheMorgan for $140 million, highlighting continued demand for Sydney metropolitan retail assets after the asset went on the market last...
Woolworths has listed Banksia Grove shopping centre for sale, representing a circa $35 million investment opportunity in WA’s burgeoning City of Wanneroo. Woolworths occupy 3,850m2 as the anchor tenant, for...
Fortius Funds Management has laid out plans to revitalise a Sydney homemaker centre with a new street-front food and beverage development and fresh tenancies. A new food and lifestyle destination for...
Cranebrook Village located in the western Sydney suburb of Cranebrook has sold for $48.1 million, representing a 5.29% yield to a Sydney based private investor. The area is undergoing significant development and...
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 creates this great industry....
GPT’s Highpoint Homemaker Centre has been listed for sale in a move tipped to generate strong interest from local and offshore investors. The Maribyrnong centre has been trading for nearly 30...
The prized Sydney metropolitan Crossroads Homemaker centre hits the market, located in Sydney’s south-west – it is the seventh largest of its kind in Australia. Located on the corner of Beech...
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...
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