Syndicator expansion signals growing demand for NSW neighbourhood centres
A strong performing neighbourhood centre in regional NSW has transacted off market for $18.3 million, showcasing the robust demand for neighbourhood centres after a flurry of deals in 2024. Northgate...
Cooleman Court has been sold by JLL for $74.25 million
In a year seeing reduced transaction volumes across retail investments, Mirvac has divested its Canberra-located neighbourhood centre to Region Group – its first acquisition since Centuria’s neighbourhood portfolio in 2022....
The first Sydney metropolitan neighbourhood centre for 2024 comes to market
Richmond Mall has been listed for sale, representing the first Sydney metropolitan neighbourhood centre offered to the market in 2024. The recently refurbished neighbourhood centre is anchored by a strong...
The elevated retail and experiences transforming our neighbourhoods
We live perhaps in the most changing of modern times. Thursday night has become the new ‘Friday night’ for the CBDs as office workers now spend Fridays at home. More...
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...
Tipalea’s $40m Stony Rise Village retail development gets one step closer
Devonport City Council has voted to put the rezoning and permit application for the proposed new $40 million Stony Rise Village retail centre on public exhibition, representing a major planning...
Margaret River and Busselton shopping centres on the market
A pair of shopping centres in popular holiday spots in the southwest of Western Australia have been listed for sale for the first time in ten years by a private family...
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...
Retail Ready with Colliers: The Evolution of Neighbourhood Shopping Centres
The ongoing investment over the past decade into managing Australia’s population growth has led to rethinking and reshaping exactly what defines a ‘Neighbourhood Shopping Centre’. Population growth has acted as...
Woolworths opens three new community centres
Throughout June, the Woolworths Group property development team successfully launched Stage One of three neighbourhood shopping centres in Victoria and New South Wales bringing to their local communities a new...
Two Victorian neighbourhood shopping centres come to market
Two Melbourne based private investors bring their neighbourhood shopping centres to market this week, both being offered for sale by JLL’s Stuart Taylor and Tom Noonan. Karingal Village in Frankston and...
Sandhurst Retail submits plans for $40 million Wollert Neighbourhood Centre
Build-and-hold retail developer, Sandhurst Retail has submitted plans to Council for a $40-million, 9,000m2 neighbourhood centre in Wollert, 26km north of Melbourne’s CBD, which will cater to one of Victoria’s fastest-growing...
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