Shopping Centre

Shopping centre industry news, market trends and insights.

US shopping centres turn to cannabis
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US shopping centres turn to cannabis
Shopping centre owners have tried pop-up stores, water parks, even an indoor ski run to attract shoppers. Now a mall landlord is turning to the cannabis plant.
Luxury retail fuelled by ‘Crazy Rich Asians’
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Luxury retail fuelled by ‘Crazy Rich Asians’
Turn the corner into the luxury precinct at Melbourne’s Chadstone shopping centre and a scene from Crazy Rich Asians could easily be unfolding.
Woolworths slaps $35m price tag on WA shopping centre
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Woolworths slaps $35m price tag on WA shopping centre
Woolworths will sell off a near-new West Australian shopping centre it opened just over a year ago, as the supermarket giant continues divesting a number of its recently-built retail assets. After offloading another WA centre …
Lack of ‘distress’ a sign of commercial property strength
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Lack of ‘distress’ a sign of commercial property strength
A big sign that property markets are heading to a downturn is an increase in the number of listings.
Shopping centres shift in buyers’ favour
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Shopping centres shift in buyers’ favour
Retail property investors are preparing for a wave of shopping centres to hit the market as landlords face a tougher environment with slower spending and traditional anchor department stores coming under pressure. While retail property …
Shanghai buyer bags Epping’s Aurora Village shopping centre
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Shanghai buyer bags Epping’s Aurora Village shopping centre
A Chinese investor has bagged the Coles Aurora Village shopping centre in Epping for a whopping $44.5 million.
Rents rock retailers hardest: report
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Rents rock retailers hardest: report
Out-of-control rents and reduced sales volumes are placing pressure on the profit margins of the nation’s listed retailers, with a growing number of businesses planning to close loss making stores in the face of the crippling headwinds, says a new survey from Macquarie Wealth Management.
New year, new owner for Windsor Marketplace
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New year, new owner for Windsor Marketplace
A prime 22-year lease to Woolworths saw heated competition for a suburban shopping centre in Sydney’s north west.
Fort collects Keilor shopping centre in pre-Christmas swoop
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Fort collects Keilor shopping centre in pre-Christmas swoop
Fort Street Real Estate has swooped on the Keilor Central Shopping Centre in Melbourne buying the major subregional centre for $113 million.
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