One Global Capital acquires The Grand Eastlakes from Crown Group
After completing the transfer of the One Global Conference Centre, property developer, Iwan Sunito’s One Global Capital has continued its buying spree securing The Grand Shopping Centre at Eastlakes in...
New operational mixed-use BTR village for sale
Colliers and Savills are proud to present Union Quarter Village (UQV), Spotswood for sale. A 100% freehold Interest in this significant and recently completed Build To Rent (BTR) asset is...
Savills NZ announces new National Director, Retail Sales & Leasing
Australasian retail property expert Chris Ireland has been internally appointed as National Director, Retail Sales & Leasing, and General Manager of the Christchurch operations of Savills New Zealand. He took...
Ormeau Village sells for $37 million
Continuing a strong run of neighbourhood shopping centre transactions in Queensland, Ormeau Village, located on the northern Gold Coast, has sold for $37 million on a tight passing yield of 5.3%....
Coles anchored neighbourhood shopping centre hits the market
Casuarina Village neighbourhood shopping centre on the Tweed Coast, in northern New South Wales has been placed on the market for sale. Savills’ Peter Tyson and Jon Tyson have been appointed to...
The Palms Shopping Centre prepares for a busy summer with new appointments
Following the acquisition earlier this year by Adelaide-based private investment firm DiMauro Group and moving management to Savills New Zealand, The Palms Shopping Centre is welcoming a refreshed management team...
Coles Group to sell Ormeau Village Shopping Centre
The recently developed Ormeau Village Shopping Centre is offered for sale for the first time by Savills’ Peter Tyson and Jon Tyson on behalf of Coles Group Property Developments. The...
Perth shopping centre changes hands in $81.5m off-market deal
Greenpool Capital and Savills Investment Management have purchased the Forest Lakes Shopping Centre in Perth’s south-eastern suburbs for $81.5 million. Located in the inner-Perth suburb of Thornlie, 15km from the...
Highfields Plaza sells for $16.3m in off-market deal
Highfields Plaza, located near Toowoomba, has sold for $16.3 million in an off-market transaction, adding further to strong buyer activity for neighbourhood centres. Savills’ Peter Tyson and Jon Tyson handled...
Parkstone acquires two Woolworths-anchored retail centres in $40m deal
Adelaide-based property investment manager, Parkstone, has added two Woolworths-anchored centres to its retail portfolio in off-market deals worth more than $40 million through Savills. The centres – located at Virginia...
Benowa Gardens sells for $60.5 million
Continuing a strong run of retail transactions in Queensland, the Benowa Gardens shopping centre, located on the Gold Coast, has sold for $60.5 million, reflecting a passing yield of 4.99%....
Bunnings properties attract strong investor demand
More than $412 million in freestanding Bunnings Warehouse investments have transacted in 2021 year-to-date, across 11 assets. The strong level of purchaser competition continues to highlight the increased depth of...
Kallangur Fair sells for $22.45 million
In yet another example of the market’s attraction to neighbourhood shopping centres, the Kallangur Fair Shopping Centre in Brisbane’s outer northern suburb of Kallangur has transacted for $22.45 million. Savills’...
SCA buys Toowoomba’s Drayton Central for $34 million
The acquisitive SCA Property Group has closed another Queensland deal, snapping up the Drayton Central Shopping Centre in Toowoomba for $34.34 million. The transaction is SCA’s third Queensland acquisition in...
Melbourne's Sunshine Plaza unveils redevelopment plans
Emerging as a beacon of prosperity in Melbourne’s west, Sunshine is becoming a new commercial hotspot, with Sunshine Plaza revealing the redevelopment plans for its current site. Approved by Brimbank...
Melbourne’s Sunshine Plaza unveils redevelopment plans
Emerging as a beacon of prosperity in Melbourne’s west, Sunshine is becoming a new commercial hotspot, with Sunshine Plaza revealing the redevelopment plans for its current site. Approved by Brimbank...
Liverpool set to become Sydney’s third largest CBD
Greater Sydney’s ‘Metropolis of Three Cities’ sees Liverpool speed to the forefront as Sydney’s third largest CBD has begun. With more than 100,000 m2 of commercial floor space in the pipeline,...
Leighton Hunziker, 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...
Sentinel sells Dubbo’s Riverdale Shopping Centre for $20.17 million
Sentinel Property Group has sold a high performing regional neighbourhood shopping centre with expansion potential (STCA) at Dubbo in central west NSW for $20.17 million. The Woolworths and Reading Cinemas...
Elanor Retail Property Fund divests three retail assets
Following a strategic review, Elanor Retail Property Fund (ERF or Fund) is focusing on non-discretionary value-add retail assets and is conducting a structured sales program for the Fund’s Income assets....
Charter Hall sells Canberra’s Erindale Shopping Centre
A neighbourhood shopping centre in Canberra has been snapped up by private investor in an off market transaction worth $39 million. Erindale Shopping Centre is located in Canberra’s southern suburb of...
Record result as global luxury brands flock to Sydney CBD auction
The who’s who of Sydney’s property market, alongside a number of international retail heavy hitters were out in force for yesterday’s auction of 106 King Street, Sydney, a sign that...
Coles sells Amaroo Village Shopping Centre in ACT for $29.5m
Coles Group Property Developments Ltd has sold the Coles Amaroo Village in Canberra, a highly-convenient neighbourhood shopping centre, located in the fast-growing northern suburbs of Canberra to a private interstate...
Local private investor pockets Woolworths Playford for $21.8 million
A Woolworths-anchored shopping complex in South Australia, has sold for $21.81 million, highlighting the pent-up demand for retail investment opportunities in suburban precincts. The convenience-based shopping centre sold to a local...
Mintus buys West Gosford Shopping Centre
Private investor Mintus has added another retail asset to its growing property portfolio, by purchasing the West Gosford Shopping Centre, an established neighbourhood centre, anchored by Coles and Liquorland for...
Two premium Melbourne retail assets hit the market
Two premium retail investments hit the market in Melbourne’s north-western suburbs. Highpoint Lifestyle Centre adjacent to GPT’s high performing and well-known Highpoint Shopping Centre is on the market, as well...
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...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox