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...
Mirvac’s St Marys Village sells for $68 million
Mirvac’s St Marys Village in Sydney’s western suburbs has been sold for a sale price of $68 million, which represents a 36% premium to book value. The 15,904m2 convenience based...
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...
Coles divests three WA assets for combined $45 million
Western Australia’s commercial property market is rising on the radar of investors, with first time purchasers into the state snapping up three Coles retail assets for a combined price of...
Charter Hall acquires Campbellfield Plaza for $74 million
To round out the year, another sub-regional centre has transacted with Charter Hall Retail REIT acquiring Campbellfield Plaza from ISPT for $74 million. JLL’s Simon Rooney, Stuart Taylor and Tom Noonan have...
King Street Wharf sells for $125.5 million
Sydney-based real estate investor Markham has acquired a 100% interest in King Street Wharf, Sydney’s premier waterfront precinct, occupying a landmark site with unparalleled frontage to Sydney Harbour for $125.5...
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...
Stockland divests $113 million of centres to release capital
Stockland today confirmed it has exchanged contracts to divest Stockland Bathurst Shopping Centre and Stockland South in Caloundra* for combined proceeds of $113.1 million, reflecting a 5.3% discount to the...
Double Bay Plaza site up for sale
A prime Double Bay site currently home to Double Bay Plaza has been listed listed for sale with price expectations of circa $90 million. The site is with plans for a...
Hurstville’s Retail Transit Centre has sold for $119.5 million
The Hurstville Central Shopping Centre has sold for $119.5 million to a US based firm in their first retail acquisition in Australia. The centre has one of Sydney’s busiest train stations integrated in...
Vicinity sells 11 centres for $631 million
Vicinity Centres (Vicinity, ASX:VCX) today announced a progress update on its non-core asset divestment program, with the sale of a portfolio of ten sub-regional and neighbourhood shopping centres to SCA...
AMP Capital to sell Crossroads Homemaker centre
The prized Sydney metropolitan Crossroads Homemaker centre hits the market, located in Sydney’s south-west – it is the seventh largest of its kind in Australia. Located on the corner of Beech...
Melbourne’s Burwood One for sale
A Melbourne family has put its Burwood One sub-regional shopping centre on the market which has potential to be one of the biggest single retail asset sales of the year. Shopping...
Scentre Group buys 50% stake in Westfield Eastgardens for $720 million
It’s no surprise that a retail asset as sought after as Westfield Eastgardens in Sydney’s east has achieved a $720 million price tag for 50% of the asset. This afternoon Scentre Group took...
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