Stake in Westfield Tea Tree Plaza acquired for $308 million by Scentre Group and Barrenjoey
Scentre Group (owner of Westfield destinations in Australia and NZ) has established a jointly managed fund with investment bank Barrenjoey Private Capital to purchase a 50% stake in Adelaide’s Westfield...
Indooroopilly Shopping Centre shares its school holiday activation success
Brisbane’s iconic shopping centre destination, Indooroopilly Shopping Centre, has continued its school holiday success with its most recent April activation – Indro! Hive – drawing record crowds and boosting foot...
CEO Outlook 2024: Marco Ettorre, Dexus
This article by Marco Ettorre, Executive General Manager, Retail – Dexus, forms part of SCN’s annual CEO Outlook feature published in Big Guns 2024. Premium members can view the full...
Bayfair Shopping Centre becomes the most sustainable shopping centre in New Zealand
Tauranga’s shopping, dining, and entertainment hub Bayfair Shopping Centre has been at the forefront of shopping centre sustainability in New Zealand for the past 20 years – and now, the...
QV Melbourne celebrates Lunar New Year
From 8-21 February, QV Melbourne welcomes the Year of the Dragon with a bespoke installation, The Dragon’s Tale. Following last year’s delightful Dancing Bunnies, The Dragon’s Tale is a giant...
Ross Du Vernet appointed as Dexus CEO effective March 2024
Dexus announces the appointment of Ross Du Vernet as the next Chief Executive Officer (CEO) and Executive Director of Dexus, replacing Darren Steinberg. Steinberg will continue as Dexus CEO until...
Darren Steinberg to step down as Dexus CEO
Dexus announces that Chief Executive Officer, Darren Steinberg, has advised of his intention to step down in 2024 after more than 11 years in the role. Steinberg has more than...
Quay Quarter: The creation of a new precinct in the heart of Sydney’s CBD
A new precinct has been created in the heart of Sydney’s CBD. It will bring people back to a previously neglected part of the city, where they will enjoy a...
Haben Property Group buys 50% of Stockland Townsville for $115m
Dexus has divested its 50% non-management stake in Stockland Townsville on behalf of the recently acquired AMP Capital Shopping Centre Fund for $115 million in a deal that marks the...
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...
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...
CEO OUTLOOK 2023: Dexus
This article by Marco Ettorre, Executive General Manager Retail, Dexus, forms part of an annual CEO Outlook feature, published in SCN’s 2023 Big Guns edition. We see growth over the medium term will...
AMP and Dexus reach final sale agreement
The long-awaited transfer of the AMP real estate and domestic infrastructure equity business to Dexus Funds Management has begun as both parties finalised binding documentation this week for an alternative Transaction...
Activation, shared value and connection
‘A city without poets, painters and photographers is sterile’. It’s a quote from this article. That being the case, what about our centres? Shopping centres are often described as ‘the...
Dexus sells Homemaker Prospect to AsheMorgan as LFR demand intensifies
AsheMorgan has acquired Homemaker Prospect from Dexus for $78.9 million, as Large Format Retail (LFR) centres, that are directed at meeting household needs, are firing. Prospect Homemaker is a 26,000m2...
Frasers and Dexus receive DA approval for $3b Central Place Sydney
Central Place Sydney, the joint venture between Frasers Property Australia and Dexus has received DA approval from the City of Sydney for the $3 billion major city-shaping development that will...
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...
Next Generation Leaders: Jonathan Forsyth, Dexus
Jonathan Forsyth, Asset Manager, Dexus – Nominee for the Frank Lowy Fellowship 2020. The Frank Lowy Fellowship is an industry initiative of the Shopping Centre Council of Australia that is...
Next Generation Leaders: Lucy Burnitt, Dexus
Lucy Burnitt Development Manager, City Retail, Dexus – Nominee for the Frank Lowy Fellowship 2020. The Frank Lowy Fellowship is an industry initiative of the Shopping Centre Council of Australia that is...
AMP agrees to sale of real estate and infrastructure equity business
AMP Limited has entered into an agreement for the sale of Collimate Capital’s real estate and domestic infrastructure equity business to Dexus Funds Management Ltd (Dexus), for an upfront cash...
CEO OUTLOOK: Stewart Hutcheon Executive General Manager, Retail, Industrial and Healthcare, Dexus
This article by Stewart Hutcheon Executive General Manager, Retail, Industrial and Healthcare, Dexus, forms part of a special CEO Outlook feature published in SCN’s Big Guns 2022 edition. Many of...
New restaurants and bars join 25 Martin Place
The heart of Sydney’s CBD has a new dining scene to indulge in with new restaurants and bars opening at 25 Martin Place. The new venues add to 25 Martin...
APN Convenience Retail REIT acquires two new properties for $24.4 million
APN Funds Management Limited as responsible entity for APN Convenience Retail REIT (AQR) has exchanged contracts to acquire Warrego Highway Travel Centre, in Queensland and conditionally exchanged contracts to acquire Dubbo...
Dexus taps global market interest in iconic $700m retail play
Leading Australian retail owner managers, institutional funds and heavyweight offshore investors are expected to lead the bidding for landmark stakes in the Gold Coast’s Pacific Fair Shopping Centre and Sydney’s...
MLC Centre, Sydney gets a new name as part of a $170m transformation
The iconic MLC Centre will be known as 25 Martin Place as Dexus unveiled new retailers today as part of the first stage of the circa $170 million transformation. The...
Merger approved: Dexus and AMP Capital Property Fund
Unit-holders have approved the merger of Dexus Wholesale Property Fund (DWPF or ‘the Fund’) with AMP Capital Diversified Property Fund (ADPF) following meetings that were held to vote on the...
Dexus and DWPF enter into implementation agreement with AMP Capital
Dexus has announced that along with the Responsible Entity of Dexus Wholesale Property Fund (DWPF), it has entered into an Implementation Agreement (IA) with the Independent Board Committee of AMP...
Brands must remain agile
As part of a Pop Up special feature – this article was first published in Shopping Centre News Vol. 38 No. 5 – Little Guns issue, written by Julie Gasper,...
New dining venues set to open at Eagle Street Pier for Christmas
Brisbane’s iconic riverfront dining destination welcomes two new venues in time for Christmas. COPPA and Cha Cha Char Steak and Lobster will open at Eagle Street Pier in December. To...
Retail leasing momentum builds across the Dexus portfolio
Leasing activity is building momentum across the Dexus managed retail portfolio as the market shows signs of recovery with confidence levels rising following a challenging start to 2020. At Beenleigh Marketplace...
Dexus positions for the recovery
Dexus (ASX:DXS) has announced its 2020 annual results – the group’s net profit after tax was $983.0 million, down 23.3% on the prior year. This movement was primarily driven by net...
80 Collins Melbourne opens retail and dining
A landmark new luxury, premium retail and dining destination will commence opening this month, as part of the 80 Collins precinct development in the Melbourne CBD. The large-scale 100,000m2 site that...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox