A 100% interest in MetCentre has exchanged hands for the first time in 40 years
In a landmark deal for both the retail and office sectors, MetCentre and 60 Margaret Street have been divested to investment manager, AsheMorgan for $796 million. JLL’s Retail Investments Australia,...
ISPT sells major Brisbane CBD retail asset for $145m
Australian property fund manager, ISPT, has sold 170 Queen Street Mall, Brisbane to a local private investor. The sale follows last week’s announcement to divest Eastgate Bondi Junction and two...
Region Group to divest three Woolworths-anchored retail properties
Region Group is looking to divest three Woolworths-anchored, convenience and essential service-based retail properties across Australia’s East Coast. The three assets, located in Victoria and New South Wales, consist of...
Eastgate Bondi Junction hits the market after almost 30 years of ownership
A dominant and convenience-focused sub-regional shopping centre situated in the epicentre of one of Australia’s most coveted locations hits the market, presenting an exceptional opportunity to acquire a trophy Sydney...
HomeCo divests WA shopping centre for $74.75m
In the largest Large Format Retail (LFR) transaction to occur since late 2022, HomeCo Daily Needs REIT has divested HomeCo Midland to national property investor and developer PWD for $74.75...
The first Sydney freestanding supermarket for 2023 hits the market
Greenacre Village Shopping Centre has been listed for sale and is expected to gather significant interest from a range of private, institutional, and offshore investors as freestanding Coles and Woolworths...
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...
Australian Unity Diversified Property Fund divests Woodvale Boulevard Shopping Centre for $36.5m
Becoming the sixth neighbourhood centre to trade in Western Australian in the past 12 months, Australian Unity Diversified Property Fund has divested Woodvale Boulevard to a local syndicator. Located 19...
Elanor Investors to sell major Melbourne retail asset
A 100% interest in the Waverley Gardens Shopping Centre is being offered to the market, providing investors with an opportunity to acquire 106,000m2 of freehold Melbourne land securely underpinned by...
Charter Hall sells convenience-based retail asset for $85 million
A 100% interest in a convenience-based sub-regional retail centre in Adelaide has sold for $85 million to FRP Capital. JLL’s Nick Willis and Sam Hatcher exclusively sold Brickworks Marketplace on...
Panthera Group brings unique development opportunity to market
Panthera Group is selling its pioneering retail development precinct – The Lanes Retail Resort – setting the stage for a visionary buyer, on either an international or local scale, to...
TAMIM sells Newcastle neighbourhood shopping centre for $27 million
TAMIM Funds Management has sold Elermore Vale Shopping Centre in Newcastle to a Sydney private investor for $27 million. Elermore Vale Shopping Centre is secured by Ritchies IGA, along with...
Orange City Centre listed for sale following successful repositioning
Investment powerhouse Alceon and asset manager, CPRAM Investments are looking to divest its iconic regional NSW shopping centre, Orange City Centre, following a recent $24 million redevelopment. An Alceon syndicate...
Dominant LFR asset in booming Tamworth is offered for sale
Tamworth Homespace, a large format retail (LFR) centre, has come to the market in regional NSW. JLL’s Nick Willis, Sam Hatcher, Sebastian Fahey and David Mahood have exclusively been appointed...
Retail investment outlook remains strong through 2023
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...
World Square launches Lumine | World of Lights & Mirrors, in Celebration of VIVID
On Friday, 26 May, Sydney CBD’s World Square launched its three-week celebration of VIVID, Sydney’s Festival of Light. LUMINE | World of Lights & Mirrors ignites the imagination and transports...
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...
Perth shopping centre offered for sale for the first time in over a decade
Woodvale Boulevard shopping centre has been listed for sale, representing the first opportunity in more than 12 years to acquire this dominant neighbourhood shopping centre in the affluent northern Perth...
MPG divests Melbourne Mall in first Victorian neighbourhood transaction of 2023
Village Lakeside Shopping Centre in Melbourne’s Pakenham has sold in what is the first neighbourhood shopping centre to transact in Victoria in 2023. Located within the established suburb of Pakenham...
Forest Hill Chase shopping centre sold for almost $260 million
Haben Property Fund and The JY Group have acquired a 100% stake in Forest Hill Chase Shopping Centre as investors continue to seek retail assets in metropolitan locations with long-term...
Challenger divests its 50% stake in Sunshine Marketplace for $66 million
A 50% interest in one of Melbourne’s largest sub-regional landholdings has sold for $66 million to Aware Real Estate with Altis Property Partners as manager for the transaction. Sunshine Marketplace,...
Elanor Investors acquires its first retail centre in WA
Elanor Investors Group recently purchased its first retail centre in Western Australia – Riverton Forum – and has appointed JLL to provide retail property management services for the centre. Formerly Stockland...
JLL named leading Retail Investments advisory firm in Australia
According to data analysed and published by MSCI Real Capital Analytics (RCA), JLL advised on the most retail transactions in 2022 and has been ranked as the leading retail investments...
Mirvac sells Stanhope Village for $158m in off-market deal
Revelop has expanded its retail portfolio after acquiring a 100% stake in Stanhope Village for $158 million in a deal negotiated off-market by JLL’s Nick Willis and Sam Hatcher on behalf...
HomeCo sells Epping Hub for $70.25m
HomeCo Daily Needs REIT has sold Epping Hub to Forza Capital and Enclave Living/Jayland for a combined $70.25 million. The off-market deal was brokered by JLL’s Stuart Taylor and Tom...
Smithfield Shopping Centre for sale the first time in 23 years
Smithfield Shopping Centre in Far North Queensland has hit the market for the first time in 23 years, representing the first formal on-market shopping centre campaign for a 100% interest...
Brand new Sydney metropolitan shopping centre comes to market
Schofields Village in Western Sydney has been listed for sale, presenting the opportunity to acquire a metropolitan neighbourhood shopping centre that dominates its catchment. Completed in December 2021, Schofields Village located...
AMP Capital to sell 50% stake in Stockland Townsville
2023 is off to a strong start as a major regional shopping centre hits the market. JLL’s Nick Willis and Sam Hatcher have been exclusively appointed on behalf of an...
Goodlife Health Clubs signs on for YG Riverside Village
One of Australia’s largest and most popular health clubs is set to strengthen the line-up at Brisbane’s highly anticipated new riverside retail hub at Yeerongpilly Green after inking a long-term...
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 –...
Sentinel invests more than $700m in retail as it completes purchase of Caneland Central
Sentinel Property Group has bolstered its $1 billion-plus commercial real estate portfolio in Northern Australia by completing the purchase of Caneland Central Shopping Centre in Mackay for $280 million from...
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...
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