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...
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...
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...
APPF Retail takes 25% stake in Harbour Town, Gold Coast
Acting on behalf of the Future Fund, JLL has negotiated the sale of a 25% interest in Harbour Town Gold Coast, one of Australia’s best performing retail hybrid Outlet Centres....
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...
Blackstone sells Waverley Gardens Shopping Centre for $178 million
Waverley Gardens is a well-established 39,554m2 sub-regional shopping centre located in a strong population growth corridor of the Melbourne metropolitan area, 25 kilometres south-east of its CBD. The centre is...
GPT’s Highpoint Homemaker Centre for sale
GPT’s Highpoint Homemaker Centre has been listed for sale in a move tipped to generate strong interest from local and offshore investors. The Maribyrnong centre has been trading for nearly 30...
ISPT settles on two properties
ISPT has settled on two retail centres adding to the retail portfolio. A 50% interest in Ashfield Mall, 8km west of the Sydney CBD and a 100% interest in Nundah...
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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