Neighbourhood retail asset at the epicentre of SA’s wine industry hits the market
Dual supermarket anchored McLaren Vale Central located in one of Australia’s oldest and most acclaimed wine regions has been listed for sale. JLL’s Sam Hatcher, Nick Willis and Ben Parkinson...
Woolworths to sell two new neighbourhood shopping centres in SEQ
Supermarket giant Woolworths is preparing to sell two of its newest neighbourhood shopping centre developments in South East Queensland amid continued strong demand for convenience-based retail investment opportunities. The assets...
Capital Gains for Sentinel as it sells high-performing retail centre in Canberra
Tuggeranong Homeworld at Greenway, which was Sentinel’s first property in the nation’s capital when it was purchased in July 2014, for $31 million, has been sold to a private investor...
Ormeau Marketplace changes hands for $34m
A private investor has purchased Ormeau Marketplace in South East Queensland from regional fund manager Clarence Property for $34 million. The deal was brokered by CBRE’s Joe Tynan and Michael...
Sky One Plaza hits the market
Melbourne-based developer Golden Age will test the market with the sale of its award-winning mixed-use development Sky One Plaza in the heart of Box Hill. Completed by Golden Age Group at the...
Dandenong Plaza sells for $145 million in off-market deal
The Dandenong Plaza retail complex in Melbourne’s growing south-east has been acquired by development group Pelligra for $145 million. The sub-regional centre has a developed masterplan to expand and activate...
Challenger to sell sought after stake in Sunshine Marketplace
A 50% interest in the dominant Sunshine Marketplace shopping centre in Melbourne’s inner west growth corridor has been put up for sale. The metropolitan Melbourne shopping centre on mega landholding...
Regional neighbourhood shopping centre with hotel development potential hits the market
Newly refurbished The Village on Summer Street, which occupies the largest single landholding in Orange CBD, has been listed for sale via an Expressions-Of-Interest campaign. The Village on Summer Street...
Chatswood CBD investment and landbank to be sold with approved mixed-use potential
A strategic income-producing opportunity providing developers access to a rare freehold Chatswood CBD investment and landbank with masterplan approval for a 27-storey mixed-use development hits the market. Stonebridge Property Group...
CVS Lane and CPG place South-East Queensland retail asset portfolio on market
CVS Lane and Consolidated Properties Group (CPG) have commenced a formal sales and marketing campaign for five of the neighbourhood shopping centres in their South-East Queensland portfolio. The centres, which...
Lendlease Sub-Regional Retail Fund assets for sale
The Lendlease Sub-Regional Retail Fund (LLSRF), an unlisted wholesale fund managed by the global real estate group, will test investor demand for a portfolio of three dominant convenience-based sub-regional centres...
Newcastle’s East End Village retail precinct hits the market
Development and hospitality group, Iris Capital is selling East End Village within the state-of-the-art mixed-use development East End Master Plan Project, one of Newcastle City’s most significant revitalisation projects of...
SCA Property Group acquires portfolio of five neighbourhood centres for $180 million
A highly sought-after neighbourhood retail portfolio comprising five assets across Queensland, Adelaide and Perth has been bought by SCA Property Group for $180 million. The portfolio consists of Brassall Shopping...
What’s in store for Sydney CBD retail?
The three graphs in this article paint the picture. Figure 1 shows the international tourist arrivals over the past decade; Figure 2 shows Sydney CBD rental levels and Figure 3...
Frasers is selling Coorparoo Square in Brisbane
Frasers Property Australia is selling Coorparoo Square, the shopping, dining and entertainment destination located in inner Brisbane, just 4.5km from the Brisbane CBD. Opened in November 2017, the shopping centre...
Crossroads, one of Australia’s largest LFR assets for sale
A 100% interest in Crossroads is being offered to market, providing investors with the opportunity to acquire the 143,520m2 freehold Sydney metropolitan landholding over four separate titles. Crossroads Centre at...
Nikos Property Group acquires 50% stake in Colonnades for $138.2 million
A 50% interest in the Colonnades Shopping Centre in Adelaide has sold for $138.2 million to Nikos Property Group, demonstrating the liquidity in the market and robust demand that remains...
Brand-new, convenience retail and essential services centre in Brisbane comes to market
Ferny Grove Central, the brand-new, convenience retail and essential services centre, uniquely integrated with the adjacent Ferny Grove Train Station and Bus Interchange some 20km north of Brisbane’s CBD, is...
JLL’s latest Retail Investment Report shows a changing ownership profile for retail assets in Australia and divergent investment strategies
New players, executing different investment strategies in Australia’s retail investment market will lead to continuing elevated transaction volumes. However, surpassing the 2021 record of $13.4 billion of retail transactions will...
Primewest to divest portfolio of five neighbourhood retail centres
A highly sought-after neighbourhood retail portfolio comprising five assets across Queensland, Adelaide and Perth has come to market, with the most recent transactions in this retail sub-sector reaching record highs. ...
Neighbourhood shopping centre in Metropolitan Melbourne for sale
Watervale Shopping Centre in Melbourne’s Taylors Hill is set to test investor demand in the hotly contested neighbourhood shopping centre market, following a year of record high transaction volumes in...
JLL REVIEW: Retail investment resurgence
What happened to the shopping centre industry last year in terms of property transactions? You could be forgiven for thinking not much during a period of lockdowns and border closures....
Adelaide’s Rundle Mall experiences an uptick in positive leasing activity from prominent retailers
Adelaide’s low COVID-19 infection rate and the re-emergence from lockdowns resulted in the state economy improving quickly from a sharp decrease in output through the first half of 2020. The...
Three prime Southeast Queensland retail centres to hit the market
Three high performing retail centres in Southeast Queensland are set to be brought to the market over the coming days. Burleigh Home + Life, Morayfield Village and Yamanto Village have...
Revelop grows retail portfolio with latest Tramsheds acquisition
After a competitive on-market campaign, Revelop is pleased to announce it has acquired the State Heritage Listed Tramshed’s at Harold Park in Sydney’s inner West. Located only four kilometres from...
Sunshine Coast convenience centre to hit the market
Brisbane-based boutique property investment manager Marquette Properties is set to bring Caloundra Village to the market over the coming days. Caloundra Village is a neighbourhood centre, strategically located in Caloundra,...
Lendlease’s Caneland Central comes to market as appetite for major retail assets continues into 2022
Investors are presented with a unique opportunity to acquire a 100% interest in a dominant regional shopping centre as Caneland Central comes to market, highlighting the improving appetite for major...
Stake in regional shopping centre in Adelaide comes to market
Investors are presented with an opportunity to partner with one of Australia’s leading retail managers as a 50% interest in the Colonnades Shopping Centre in Adelaide is being offered to...
GPT sells Casuarina Square to Sentinel Property Group
Joint owners GPT and the GPT Wholesale Shopping Centre Fund (GWSCF) have exchanged contracts for the sale of Casuarina Square for a net sale price of $397 million. The centre...
JLL Research shows transaction volumes of neighbourhood shopping centres up 64% in 10 years
Two separate neighbourhood shopping centres have sold for a combined value of more than $69 million, as the resurgence of COVID-19 across Australia spotlights the performance of this type of...
Stockland sells Townsville sub-regional centre to Sydney-based investor
Stonebridge Property Group & JLL are pleased to announce the sale of Coles Kmart Plaza Townsville on behalf of Stockland and AMP Capital for $47.25 million. The asset was sold...
AMP strikes $760m retail deal – Australia’s largest direct retail transaction in 2021
AMP Capital Retail Trust (ACRT) has acquired the remaining 20% interest in Gold Coast’s Pacific Fair Shopping Centre, while the AMP Shopping Centre Fund (ASCF) has acquired a 25% stake...
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