Shopping Centre

Shopping centre industry news, market trends and insights.

Amazon reveals plans for Perth fulfilment centre
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Amazon reveals plans for Perth fulfilment centre
Retail behemoth Amazon has stepped up its offering in Western Australia with a new fulfilment centre unveiled in Perth that will boost its last mile delivery capacity, putting traditional shopping under more pressure.
Chadstone owner touts ‘luxury fightback’
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Chadstone owner touts ‘luxury fightback’
Retail landlord Vicinity Centres is promoting itself as a luxury fightback story even though retail sales are yet to get a bounce from tax stimulus, interest cuts and a lift in house prices.
Lowy sells last slice of shopping centre empire
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Lowy sells last slice of shopping centre empire
Shopping centre legend Sir Frank Lowy has called time on the Australian mall empire he co-founded six decades ago after selling an $815 million stake in the listed Scentre Group on Wednesday night.
Quality shopping centres remain as popular as ever
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Quality shopping centres remain as popular as ever
Wealthy investors are putting up their capital to bet against the prevailing gloomy sentiment about retail property even as some local institutions adopt a cautious stance towards the under-pressure sector.
St Mary’s Village shopping centre sold to Asian-backed buyer
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St Mary’s Village shopping centre sold to Asian-backed buyer
Property heavyweight Mirvac has benefited from the strong appetite for well-located Sydney shopping centres with its St Marys Village trading for about $68 million to an Asian-backed investor.
Adelaide shopping centre tops $21m on handy yield
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Adelaide shopping centre tops $21m on handy yield
Adelaide’s retail investment market is hotting up after a shopping complex in the city’s north went under the hammer for more than $21 million.
Darwin’s Coolalinga Central nears $95m sale
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Darwin’s Coolalinga Central nears $95m sale
Funds manager M/Group is circling the Coolalinga Central shopping centre that Darwin-based developer Gwelo Developments put on the block in June for about $95 million.
Charter Hall grabs share of two Sydney shopping centres
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Charter Hall grabs share of two Sydney shopping centres
The Charter Hall Retail REIT has snapped up a 20% stake in a $281 million portfolio made up of two Sydney centres anchored by Woolworths, Coles, Aldi and Kmart.
Neighbouring Coles and Kmart stores yours in one fell swoop
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Neighbouring Coles and Kmart stores yours in one fell swoop
The weekly ritual of shopping for family essentials might be all it takes to persuade a cashed-up investor to swoop on a sprawling retail package now up for grabs in Melbourne’s east. 
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