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....
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 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...
jll
Victoria
transactions
Stuart Taylor
Tom Noonan
Coles Morwell
retail assets
Jones Lang LeSalle
Torquay Village
Bunnings Horsham
Regional Victorian transactions score $80 million combined
Regional Victorian transactions score $80 million ...
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...
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...
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...
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,...
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...
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 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...
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 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...
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...
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 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...
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...
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...
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....
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...
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 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 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...
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...
transactions
Central Park
Frasers Property Australia
Sekisui House
Fortius Funds Management
SC Capital Partners
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...
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 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...
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...
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 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 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...
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%....
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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