Big Box Retail

US retail giant Costco has thrown down the gauntlet to its competitors in bulk purchasing by setting up a new distribution facility in Sydney’s western suburbs that could handle online orders in future.

US discount giant Costco has vowed to open at least one new store in Australia every year as it eyes a bigger slice of the retail market.

Regional Queensland has peeled off one of the year’s first sales of a Bunnings Warehouse, with a store east of Brisbane selling for more than $10 million.

Supermarket giant Costco is king of happy shoppers among Australia’s discount department stores, after winning research group Roy Morgan’s annual Customer Satisfaction Award.

Sentinel Property Group has offloaded a trio of homemaker centres across Australia in deals worth almost $90 million.

A Perth-based syndicate has pocketed an almost 70% price premium after selling a large format retail centre on the New South Wales Central Coast, having bought the asset just 18 months ago.

Aventus has capped an impressive Christmas period for Australia’s retail property market, selling a shopping centre portfolio in regional Victoria and New South Wales. In a festive season rush, the group offloaded large format centre …

German supermarket giant Kaufland has stepped up its push into the Australian market with the purchase of its second site, this time in Melbourne’s outer southeast. 

Tell an investor a property leased to Bunnings Warehouse is for sale and immediately they’ll be expecting to pay big bucks for a tight yield.