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Federal Government’s proposed Merger Reform must be fit for purpose
Federal Government’s proposed Merger Reform must be fit for purpose
There’s a proposed merger reform. All shopping centre mergers and acquisitions above $35 million will need ACCC approval. In short, it’s to prevent any owner dominating a specific trade area....
Charter Hall divests Rosebud Plaza for $134.5m
Charter Hall divests Rosebud Plaza for $134.5m
In a year with reduced investment volumes across global capital markets, Charter Hall Retail (CQR) has divested a Melbourne Sub-Regional shopping centre in a $134.5 million deal that reaffirms investor...
Vicinity sells Broadmeadows Homemaker Centre for $20m
Vicinity sells Broadmeadows Homemaker Centre for $20m
Vicinity Centres has sold Broadmeadows Homemaker Centre in Melbourne for $20 million on the heels of its recent $134.5 million sale of a 50% stake in the neighbouring Broadmeadows Central...
Regional Victorian transactions score $80 million combined
Regional Victorian transactions score $80 million combined
Transactions of convenience-based retail assets have continued their significant momentum with the sales of three key assets in Victoria; Coles Morwell for $27.85m, Torquay Village for $40m and Bunnings Horsham...
Ballarat Lifestyle Centre sells for $12.39 million
Ballarat Lifestyle Centre sells for $12.39 million
Troon Group’s Ballarat Lifestyle Centre has sold for $12.39 million in a strong signal that investor confidence has returned to the retail investment market. The centre sold to a Melbourne-based...
Woolworths Orange transacts for $19.5m
Woolworths Orange transacts for $19.5m
Freestanding supermarket and liquor stores have for many years been the darling of retail investment sector and this trend looks set to continue off the back of strong supermarket and...
Carramar Village sale sets new benchmark
Carramar Village sale sets new benchmark
After several months of negotiation, Carramar Village in Perth’s northern suburbs has changed hands for $33.5 million – representing the largest shopping centre sale in Perth for 2020. Built circa 2009,...
South Australian billionaire Con Makris to sell high profile retail portfolio
South Australian billionaire Con Makris to sell high profile retail portfolio
The Makris Group is set to divest two prominent Adelaide retail assets, including Rundle Mall’s blue-chip City Cross Shopping Centre and office complex fronting Grenfell Street. The offering will also include...
Shopping Centre Investment – Market Review FY20
Shopping Centre Investment – Market Review FY20
It was a ‘split year’! The first half – July/Dec 2019 was ‘normal’; however the second half – Jan/Jun 2020 was anything but because COVID-19 arrived! Sales of shopping centres...
Bunnings Warehouse in Adelaide’s north-east marks prime retail offering
Bunnings Warehouse in Adelaide’s north-east marks prime retail offering
Bunnings Warehouse in Modbury presents investors with a chance to break into a fiercely and tightly held retail market. The site at 933-945 North East Road, Modbury is 100%  leased to...
South Australian centre Newton Village Shopping Centre sells
South Australian centre Newton Village Shopping Centre sells
Western Sydney group Revelop has snapped up a neighbourhood shopping centre in Adelaide boasting two leading anchor supermarkets for circa $30 million in a display of confidence in the South...
Sentinel sells Dubbo’s Riverdale Shopping Centre for $20.17 million
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...
Armstrong Creek Shopping Centre set to attract investors
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...
Adelaide’s Gilles Plains Shopping Centre hits the market
Adelaide’s Gilles Plains Shopping Centre hits the market
A triple anchored neighbourhood shopping centre located about 11kms from Adelaide’s CBD has hit the market with price expectations of more than $60 million. Gilles Plains Shopping Centre is anchored by...
Vicinity Centres senior executive to join CBRE’s Retail Capital Markets team
Vicinity Centres senior executive to join CBRE’s Retail Capital Markets team
Vicinity Centres senior executive James Douglas will join CBRE next month as Senior National Director, Retail Capital Markets, Pacific. The high-profile appointment further strengthens CBRE’s Asia Pacific capabilities in major...
$6.84 billion of Australian retail property assets traded in 2019
$6.84 billion of Australian retail property assets traded in 2019
Private investors have led the way as quality Australian retail property assets remain well sought after, with $6.84 billion of transactions in 2019. The Colliers International Retail Investment Review, released today...
JLL’s annual Australian Shopping Centre Investment Review and Outlook 2020
JLL’s annual Australian Shopping Centre Investment Review and Outlook 2020
According to JLL’s annual Australian Shopping Centre Investment Review and Outlook 2020, the retail sector will be a key focus for investors seeking to take advantage of the more attractive...
Elanor Retail Property Fund divests three retail assets
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....
Standalone Coles sells with tightest yield of 2019
Standalone Coles sells with tightest yield of 2019
A prized standalone Coles supermarket at Mentone has sold on the tightest Victorian yield of 2019 in one of the year’s most anticipated retail auctions with numerous bids from an...
Record result as global luxury brands flock to Sydney CBD auction
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...
Vicinity sells Corio Central and Mt Ommaney Centre stakes for $195.5 million
Vicinity sells Corio Central and Mt Ommaney Centre stakes for $195.5 million
Vicinity Centres have divested two of their non-core assets for a combined value of $195.5 million. Mt Ommaney Centre in Queensland sold for $94.5 million (Vicinity’s 25% interest), a 3.3% premium...
Fortius purchases Stockland’s Cammeray Square for $39 million
Fortius purchases Stockland’s Cammeray Square for $39 million
Fortius has acquired the freehold interest in Stockland’s Cammeray Square in Sydney, for $39.05 million reflecting a yield of 7.0%. Neighbourhood centres were the most traded of all retail assets...
Leongatha Woolies tops CBRE’s $33 million Premium Property Portfolio Auction
Leongatha Woolies tops CBRE’s $33 million Premium Property Portfolio Auction
A Woolworths supermarket in Leongatha, 135kms south-east of Melbourne has topped the results board at CBRE’s tenth Premium Property Portfolio Auction (PPPA) with four properties selling for a total of $32.7...
Central Park Retail assets sold for $174.5 million
Central Park Retail assets sold for $174.5 million
Frasers Property Australia and Sekisui House Australia, the joint venture partners behind the award-winning $2 billion Central Park in Sydney CBD, have sold and settled the three final retail assets...
Local private investor pockets Woolworths Playford for $21.8 million
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...
Lendlease sells Barangaroo House and The Exchange buildings
Lendlease sells Barangaroo House and The Exchange buildings
Lendlease has finalised the sale of two of Sydney’s newest CBD buildings, The Exchange at Darling Square and 35 Barangaroo Avenue on Barangaroo South’s waterfront. Separate investors acquired the two...
Trinity Village shopping centre sells for $34 million
Trinity Village shopping centre sells for $34 million
A syndicate of developers has sold Trinity Village, a neighbourhood shopping centre in Perth’s north western growth suburb of Alkimos, for $34,050,000. With a net lettable area of 6,081m2, the neighbourhood...
North West Plaza sells for $42.5 million
North West Plaza sells for $42.5 million
EG, one of Australia’s largest real estate managers, draws the Core Plus Fund (CPF1) to a close with the successful sale of North West Plaza, located within the heart of...
The Saristavros family sell Coles Lalor, Melbourne
The Saristavros family sell Coles Lalor, Melbourne
The Coles supermarket that anchors the strata titled Lalor Plaza neighbourhood shopping has been sold at auction to a domestic investor with Hong Kong heritage for $7.38 million. The purchaser outbid...
Central Park retail assets to be sold in one line
Central Park retail assets to be sold in one line
Central Park Retail hits the international market as the final three retail assets in Frasers Property Australia and Sekisui House’s award-winning $2 billion mixed-use Central Park development in Sydney CBD’s...
Charter Hall Retail REIT acquires Rockdale Plaza for $142 million
Charter Hall Retail REIT acquires Rockdale Plaza for $142 million
Rockdale Plaza, a dominant and strong-performing convenience based major Sydney sub-regional shopping centre, has sold for $142 million to Charter Hall Retail REIT (CQR) on a capitalisation rate of 6.25%....
Crossroads Homemaker Centre sells for $140 million
Crossroads Homemaker Centre sells for $140 million
AMP Capital Diversified Property Fund has sold Crossroads Homemaker Centre to AsheMorgan for $140 million, highlighting continued demand for Sydney metropolitan retail assets after the asset went on the market last...

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