Mildura region’s number one centre sells for $81.1m
A private investor has purchased one of Victoria’s most dominant retail centres, Mildura Central for $81.1 million. Lachlan MacGillivray of Colliers sold the 100% interest in the sub-regional shopping centre...
JLL’s annual Australian Shopping Centre Investment Review and Outlook 2020
According to JLL’s annual Australian Shopping Centre Investment Review and Outlook 2020, the retail sector will be a key focus for investors seeking to take advantage of the more attractive...
Victorian investor swoops on Brisbane’s Parkinson Plaza
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...
GPT puts Norton Plaza on the market
The GPT Wholesale Shopping Centre Fund (GWSCF) today announced the launch of an International Expressions of Interest (EOI) campaign for the sale of its 100% interest in Norton Plaza, which...
Yuhu Group confirms $420 million investment in to Bakehouse Quarter
Yuhu Group Australia confirmed that the major acquisition of Bakehouse Quarter from Kirela Development Unit Trust has been settled on 18 April 2019. The Bakehouse Quarter acquisition in addition to...
Bathurst’s premier large format retail centre on the market
Located on Sydney Road in Kelso, Bathurst Supa Centre is the region’s largest large format retail complex, anchored by major retailers including Fantastic Furniture, BCF and Petbarn. Perth-based syndicator Properties &...
Scentre Group’s living centre platform delivers results
Scentre Group (ASX: SCG) today released its results for the 12 months to 31 December 2018, with Funds From Operations (“FFO”) of $1.34 billion representing 25.24 cents per security, up...
Australian retail investment volumes hit the third highest level on record
JLL’s latest annual Australian Shopping Centre Investment Review and Outlook 2019 talks about the ever evolving retail sector creating opportunities for investors. In 2018, sales volumes remain elevated, recording the third highest...
$800 million Karrinyup development starts
Another significant development in Perth will start as AMP Capital announces today the commencement of the $800 million development of Karrinyup Shopping Centre, with main works to begin next week and...
Rundle Mall Plaza welcomes SA’s first H&M store
Thousands of South Australians flocked to Rundle Mall Plaza last Friday 2 November for the highly anticipated opening of SA’s first H&M store. The Swedish fashion giant’s two-level store marks the first...
Vicinity to build Australia’s largest property solar program
Vicinity Centres has unveiled details about the expansion of its industry-leading solar program with approximately $50 million of additional investment in solar and technologies across a further 17 shopping centres...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox