How retail tenants can negotiate a better leasing deal in the current environment
As COVID-19 forced retailers to temporarily shut up shop, it has created the issue of ongoing rental payments and how they can be negotiated during a time when many businesses...
Precision Group launches WELCOME BACK campaign
Precision Group launched their WELCOME BACK campaign last week to celebrate the reopening of more and more retail stores and to ‘welcome back’ both customers and retailers to their five...
Colliers International Retail Landlord Sentiment Survey results
Rental growth and pricing valuation benchmarks are the biggest challenges facing the retail sector over the next 12 months, according to Colliers International Retail Landlord Sentiment Survey. The findings of the...
Toria Daniel, JLL
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...
Rick Silberman, Savills Australia
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...
Sarah Blackmore, Colliers International
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...
Armstrong Creek Shopping Centre set to attract investors
A brand new, Victorian Coles-anchored shopping centre at the heart of the $1 billion future Armstrong Creek Town Centre is set to spark keen interest from investors in one of...
Roselands welcomes Woolworths with Fast Ed
Fast Ed was the highlighted performer as he cooked up a storm to celebrate the Woolworths store opening at Vicinity’s $90 million redevelopment of Roselands Shopping Centre. As one of...
Castle Towers on track with new $180m integrated transport and retail hub
QICGRE is on track to deliver the first stage of its master-planned retail and lifestyle destination in the heart of The Hills in late 2019, the first chapter of its...
$12.5 million tavern opens at Stockland Baringa
Stockland and Sunshine Coast Hotels celebrated the official opening of the expansive $12.5 million Baringa Tavern in Aura, on Queensland’s Sunshine Coast. Located on the corner of Aura Boulevard and Edwards...
JLL survey reveals refurbishment biggest driver of shopping centre performance
The latest JLL retail centre managers’ survey shows subdued rental outlook and greater online competition as owners invest heavily to boost retailer engagement. Enhancing the tenant mix and refurbishment have emerged...
Latrobe’s Valley Mid Valley Shopping Centre completes stage one
Located in Morwell in the Latrobe Valley area of Gippsland in South-Eastern Victoria, stage one of Juilliard Group of Companies-owned Mid Valley Shopping Centre redevelopment is now complete, with the opening...
Melbourne’s iconic Pentridge transformation
The creation of a one-of-a-kind retail hub is well underway as part of the transformation of the iconic Pentridge site in Melbourne’s north. The Pentridge mixed-use redevelopment opportunity is a...
Lendlease launches $60 million Cairns Central redevelopment
Lendlease announced its much anticipated $60 million redevelopment of Cairns Central, the premiere retail destination in Far North Queensland, will be expected to be completed by 2020. The redevelopment will...
Hyperdome turns 30 and gives back to 30 residents
Every birthday is special and is a cause for a celebration – especially when the milestone is the big 3-0! QIC’s Hyperdome Shopping Centre in Brisbane is gearing up to...
Vicinity’s The Glen to deliver Australia’s largest air-rights development
Vicinity Centres and Golden Age Group have announced the commencement of construction on Australia’s largest air-rights development, with a $450 million three-tower luxury residential address, Sky Garden, atop The Glen...
Mecca marks 100th store with new Adelaide flagship
Beauty giant, Mecca Brands, has opened its highly anticipated Adelaide flagship store on Rundle Mall – marking the company’s 100th outlet in Australia and New Zealand. The new standalone retail space is...
Ilhan Uysal, Vicinity Centres
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 industry....
George Wragge, Colliers International
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 industry....
Tauranga Crossing grand opening set for the 4 April
Developers of New Zealand-owned retail development Tauranga Crossing have announced its grand opening of Stage Two of the enclosed mall is set for the 4 April. The 47,000m2 shopping complex will...
Perth’s retail market records $60 million of sales this year
Strong demand for retail investments is creating an exciting Perth market, with CBRE announcing $60 million of sales in the first two months of 2019. This trend has sparked the move...
Mirvac centres glitter with Mardi Gras makeovers
Leveraging their urban locations, Mirvac has treated its inner Sydney retail centres to colourful makeovers in celebration of the 41st Sydney Gay and Lesbian Mardi Gras Festival. Throughout the duration of the...
Australian retailer Mecca Maxima joins Botany Town Centre line-up
Botany Town Centre in east Auckland, New Zealand has made significant progress in the centre’s large-scale $78 million refurbishment. The Fashion Pavilions – the first stage of the development will...
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...
Vicinity CFO to take on MD role at QIC
Vicinity Centres has announced the resignation of Chief Financial Officer, Michael O’Brien who will become the new Managing Director for Global Real Estate at QIC. O’Brien joined Vicinity in 2015...
Shopping Centre Christmas marketing trends
With Christmas sales to exceed $50 billion this year in Australia, marketers across the country have been very focussed on how their centres can get a slice of the big...
Warrawong Plaza opens ‘The Place’
Warrawong Plaza on New South Wales’ South Coast has delivered a new casual dining precinct ‘The Place’ – transforming the shopping centre into a new foodie destination for the Illawarra region,...
Cranebrook Village bought by private investor
Cranebrook Village located in the western Sydney suburb of Cranebrook has sold for $48.1 million, representing a 5.29% yield to a Sydney based private investor. The area is undergoing significant development and...
Retail sales to exceed $50 billion this Christmas
The National Retail Association (NRA) has predicted Australian shoppers to splurge $50 billion on retail sales this Christmas with personalisation named as one of the highlighted trends for gifts. It will...
PAYCE and Mirvac unveil South Village, Kirrawee
Sutherland Shire locals now have a smorgasbord of new dining, shopping and lifestyle options as PAYCE and Mirvac Retail unveiled the new shopping precinct of South Village in Kirrawee yesterday....
$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...
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