Big Box Retail

Commercial property news about Big box retail and Large format retail.

Dan Murphy’s sells on record yield
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Dan Murphy’s sells on record yield
A Dan Murphy’s in Wangaratta has broken the yield record for a regional large format liquor store, as investors seek out safer retail assets. The liquor outlet in the country Victorian hub sold for $8.1 …
Big box retailers see lockdown spending boost
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Big box retailers see lockdown spending boost
Brett Blundy-backed Aventus Group said people staying home have been spending up on new electrical items, white goods and homewares.
Bunnings owner plots lockdown course
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Bunnings owner plots lockdown course
The listed BWP Trust, which owns Bunnings warehouses around the country, says it is well positioned for the challenges created by the global COVID-19 pandemic, even as its anchor tenant readies for trade restrictions in Melbourne.
Could Bunnings and Officeworks downsize stores after COVID?
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Could Bunnings and Officeworks downsize stores after COVID?
Bunnings and Officeworks could ditch warehouse outlets and shift to smaller city stores in the aftermath of COVID-19, commercial property agents predict.
Target to close 167 stores across Australia
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Target to close 167 stores across Australia
The futures of dozens of Target stores are up in the air after parent company Wesfarmers announced it was shutting up to 167 stores over the next year.
Myrtleford hardware store sees mighty interest
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Myrtleford hardware store sees mighty interest
A Victorian hardware store “trading its backside off” since the state went into lockdown is expected to become one of the priciest properties in its regional town.
Rare SA Bunnings set to test retail market
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Rare SA Bunnings set to test retail market
The strength of Bunnings Warehouses as commercial property investments is set to be tested like never before, with an Adelaide store offered up in the midst of the coronavirus. With Bunnings stores currently experiencing unprecedented …
Kaufland prepares to sell-off supermarket sites
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Kaufland prepares to sell-off supermarket sites
German hypermarket chain Kaufland is looking to sell off a slab of its property empire as it hastens its exit from Australia, with the company asking real estate agencies for advice on disposing of nine key sites along the eastern seaboard.
Costco to launch online shopping in Australia
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Costco to launch online shopping in Australia
Costco is set to ramp up it’s Australian retail offering with the launch of online shopping and delivery.
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