Big Box Retail

A Bunnings has hit the market at a time when the warehouses have become so highly prized by investors that they’ve been labelled the jewel in the crown of the retail property sector.

Property investment group Charter Hall has paid $65.3 million to add another Bunnings to its collection, buying the hardware retailer’s biggest warehouse on the NSW South Coast.

Essential retailers such as supermarkets are expected to remain high on investors’ shopping lists this year after a rebound in buyer demand for retail assets.

Bunnings Warehouses are expected to remain a favourite with investors, having become even more highly prized during the COVID-19 pandemic.

This Christmas, more Australians than ever want to shop small and shop local, according to retail experts and those behind burgeoning online platforms tapping into the phenomenon.

New Zealand investor Cook Property has paid $58.6 million for a Bunnings Warehouse under construction in Queensland amid strong local and international demand for the popular investments.

Economic stability and property market strength is attracting investors to Tasmania’s commercial property sector, with one tasty offering attracting plenty of attention.

As states emerge from lockdowns and Australia prepares to open its borders, bullish investors are clambering for prized assets. Burgess Rawson expects this sentiment to drive its November portfolio auction skywards.

Super heavyweights UniSuper and Cbus Property are making a $2.2bn investment in the Gold Coast’s Pacific Fair and Sydney’s Macquarie Centre.