Tailwinds are emerging for Australia’s shopping centre sector after investment hit a cyclical low last year. CBRE’s latest Australian Shopping Centres research report forecasts shopping centre investment will grow by...
JLL Retail Investments Australia & New Zealand has released its latest insights on the Large Format Retail (LFR) sub-sector, highlighting supply scarcity and strengthening fundamentals as the catalyst for increasing...
The retail sector in 2023 is largely underpinned by attractive asset pricing, new sources of capital entering the sector and strong market fundamentals flowing on from 2022, according to JLL’s...
Investment
convenience retail
Ned McKendry
Yamanto Village
Chris Carrigan
Quanta
Stacey Jones
Andre Liu
Quanta Investment Funds announces first acquisition under new banner
Quanta Investment Funds announces first acquisitio...
Australian property investment group, Quanta Investment Funds (Quanta) has announced the settlement of its acquisition of Yamanto Village, 422-436 Warwick Road, Yamanto in Ipswich, Queensland last week for $21.1 million. The...
Colliers
Investment
Super Regional
Lachlan MacGillivray
Indooroopilly Shopping Centre
Commonwealth Superannuation Corporation
Premier super-regional retail opportunity hits market in QLD
Premier super-regional retail opportunity hits mar...
An opportunity to acquire a 50% majority interest in one of Queensland’s best performing super-regional shopping centres is set to spark a fierce contest in excess of $600 million. Colliers’...
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...
CBRE
AMP Capital
New Zealand
Investment
Simon Rooney
The Palms
Shopping Centre Fund
Brent McGregor
Di Mauro Group
Adelaide investor swoops on AMP shopping centre in NZ
Adelaide investor swoops on AMP shopping centre in...
Adelaide-based Di Mauro Group has expanded its New Zealand retail portfolio with the NZ$88.8 million acquisition of prominent Christchurch regional shopping centre The Palms, situated 4km north-east of the CBD....
Australian asset manager, Fawkner Property has acquired Stockland Cairns in an off-market deal that was transacted at the 30 June 2021 book value of $146 million, reflecting a core capitalisation...
shopping centre
jll
Investment
SCA Property Group.
sub regional
Sam Hatcher
Troon Group
Stuart Taylor
SCA acquires Delacombe Town Centre for $112 million
SCA acquires Delacombe Town Centre for $112 millio...
Delacombe Town Centre has been sold by Troon Group to SCA Property Group for $112 million reflecting an implied fully let yield of 5.34%. The off-market sale was brokered by JLL’s...
Fast growing investor JY Group has outlaid $167 million for a 50% interest in one of Sydney’s oldest shopping centres – Roselands Shopping Centre in Sydney’s south-west. JY Group already...
Woolworths Group is set to sell Sapphire Marketplace, a triple major sub-regional shopping centre located in Bega on NSW’s south coast, following continued strong investor demand for non-discretionary retail investment...
The GPT Group today announced the acquisition of a portfolio from Ascot Capital, comprising 23 Logistics assets and one Office asset for $681.7 million. GPT also confirms it is in...
Investment
Alceon
funds management
Assembly Funds Management
Michael Gutman
The Lowy Family Group
Pete Wylie
Pete Wylie joins Assembly Funds Management as Head of Capital
Pete Wylie joins Assembly Funds Management as Head...
Assembly Funds Management (AFM) has appointed Pete Wylie to the newly created role of Head of Capital based in Sydney. Wylie joins AFM from Lendlease where he has held various roles...
CBRE
Vicinity Centres
lendlease
Investment
Simon Rooney
APPF Retail
Lewis Land Group
Harbour Town Premium Outlets
Grant Kelley
Scott Mosely
Matthew McCarron
Vicinity acquires 50% stake in Harbour Town Gold Coast for $358 million
Vicinity acquires 50% stake in Harbour Town Gold C...
The Lendlease managed Australian Prime Property Fund Retail (APPF Retail) has reached conditional agreement on the sale of its 50% interest in Harbour Town Gold Coast to Vicinity Centres for...
jll
Investment
funds management
Primewest
Sam Hatcher
Nick Willis
Bruce McCully
Centuria Capital
Northgate Shopping Centre
Geraldton
Primewest Secures Northgate Shopping Centre and Potts Point Retail Centre
Primewest Secures Northgate Shopping Centre and Po...
Centuria Capital Group subsidiary, Primewest, has secured two retail assets – Northgate shopping centre in Geraldton for $71.2 million and Woolworths-anchored daily needs retail precinct within Potts Point’s OMNIA mixed-used development for...
Perth’s Greenpool Capital in partnership with investment firm Qualitas has made its latest retail play, acquiring a 50% stake in the Gold Coast’s Runaway Bay Shopping Centre for $128 million....
Investment
Elanor Investors Group
Warrawong Plaza
funds management
Michael Baliva
Glenn Willis
Matt Healy
Elanor establishes new managed fund to acquire $136 million Warrawong Plaza
Elanor establishes new managed fund to acquire $13...
Elanor Investors Group (ENN) has established Warrawong Plaza Fund to acquire the Warrawong Plaza shopping centre for $136.35 million. The acquisition reflects an attractive 7.75% fully leased yield and $3,143...
Dexus
Investment
funds management
convenience retail
APN Funds Management Limited
AQR
Chris Brockett
APN Convenience Retail REIT acquires two new properties for $24.4 million
APN Convenience Retail REIT acquires two new prope...
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...
Eastwood Village Shopping Centre in Bairnsdale and West Place Shopping Centre in Churchill, have separately transacted to Sydney based investors for a combined value of approximately $30 million. The JLL...
Colliers
Investment
mixed use development
Nick Estephen
Inglis Property Macarthur
The Stockyards of Camden
Flagship development site: The Stockyards of Camden to transform the area
Flagship development site: The Stockyards of Camde...
Taking inspiration from development sites such as The Grounds in Alexandria, Hive Byron Bay and Habitat Byron Bay, The Stockyards of Camden has been designed, and will be built, with...
Colliers
Investment
Expressions of Interest campaign
Mike Crittenden
Tim McIntosh
Riverwalk Town Centre
Prominent site in Melbourne’s booming south-west to be aggressively pursued
Prominent site in Melbourne’s booming south-west...
Riverwalk Town Centre represents the first metropolitan Melbourne neighbourhood shopping centre development site to be publicly marketed in 2021 and is expected to receive strong interest from developers desperate to...
Melbourne based fund manager Fawkner Property has acquired the Mount Pleasant Centre in north Queensland for $162.5 million amid strong investor demand for sub-regional shopping centres. The centre is recognised...
jll
Investment
Nick Willis
Albury Convenience Centre
Stuart Taylor
Tom Noonan
Dale O’Dwyer
Collective Capital
FINDEX
Albury Convenience Centre sells for $29.5 million
Albury Convenience Centre sells for $29.5 million
The Albury Convenience Centre has been acquired by Melbourne based investors Collective Capital for $29.5 million reflecting a yield of 6.21%. The transaction was negotiated by JLL’s Stuart Taylor, Tom Noonan...
stockland
Investment
Simon Rooney
sub regional
Moelis Australia
Retpro
Stockland Bundaberg
MA Financial Group
Stockland Bundaberg sells for $140 million
Stockland Bundaberg sells for $140 million
MA Financial Group, formerly Moelis Australia, has agreed to acquire the Stockland Bundaberg sub-regional shopping centre in far north Queensland for $140 million amid heightened investor demand for quality retail...
Investment
Savills
Peter Tyson
Jon Tyson
Ganellen Real Estate
Richard Manning
Kallangur Fair Shopping Centre
Kallangur Fair sells for $22.45 million
Kallangur Fair sells for $22.45 million
In yet another example of the market’s attraction to neighbourhood shopping centres, the Kallangur Fair Shopping Centre in Brisbane’s outer northern suburb of Kallangur has transacted for $22.45 million. Savills’...
The acquisitive SCA Property Group has closed another Queensland deal, snapping up the Drayton Central Shopping Centre in Toowoomba for $34.34 million. The transaction is SCA’s third Queensland acquisition in...
jll
Investment
Expressions of Interest campaign
Jacob Swan
Coles Supermarket
Victor Harbor
Ben Parkinson
First Coles Supermarket in South Australia offered to market in over 5 years
First Coles Supermarket in South Australia offered...
JLL has been appointed to sell Coles Victor Harbor – the only Coles supermarket on the Fleurieu Peninsula in South Australia. The asset comes to market with expectations of strong...
This ‘From the Publisher’ article by Michael Lloyd was first published in SCN Vol. 39 no. 3, July 2021 Pacific Fair is for sale – the whole thing – as...
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...
jll
Investment
Sam Hatcher
Nick Willis
Paul Doherty
HomeCo Daily Needs
REIT
neighbourhood convenience centre
HomeCo acquires Town Centre, Victoria Point for $160m
HomeCo acquires Town Centre, Victoria Point for $1...
The HomeCo Daily Needs REIT has agreed terms to acquire the Town Centre, Victoria Point in Queensland for $160m, reporting a fully leased yield of 4.75%. The centre comprises a...
Fund manager QIC is preparing to market its 50% stake in the highly successful Westfield Helensvale regional shopping centre in South East Queensland, paving the way for the first Australian...
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