Shopping Centre

Shopping centre industry news, market trends and insights.

Wagga’s Sturt Mall sold for $73m
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Wagga’s Sturt Mall sold for $73m
The listed SCA Property Group has snapped up the Sturt Mall in the NSW regional centre of Wagga Wagga from the Dexus Wholesale Property Fund for $73 million.
Vicinity sells Perth’s Flinders Square shopping centre
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Vicinity sells Perth’s Flinders Square shopping centre
Listed shopping centre giant Vicinity Centres has sold Flinders Square in Western Australia for $39.5 million as it shifts focus to larger properties and chases mixed-use opportunities.
Two more Geelong shopping centres hit the market
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Two more Geelong shopping centres hit the market
Corio Central is set to become the region’s most expensive shopping centre to sell in a year when almost $200 million worth of assets has already changed hands.
Emporium Melbourne drives $147m Vicinity lift
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Emporium Melbourne drives $147m Vicinity lift
Retail landlord Vicinity Centres has unveiled a $147 million lift in the value of its shopping centre portfolio, with its largest assets, including Emporium Melbourne, leading the way.
Australia’s first Kmart to sell as part of $200m Burwood One offering
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Australia’s first Kmart to sell as part of $200m Burwood One offering
Burwood One shopping centre could fetch up to $200 million when its family owners hand over the keys for the first time in 26 years.
Scentre spend $720m on half-stake of Westfield Eastgardens
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Scentre spend $720m on half-stake of Westfield Eastgardens
The heavyweight Scentre Group has swooped on a half-stake in Westfield Eastgardens, buying it from the private Terrace Tower Group for $720 million in a deal that defies predictions of a slump in shopping centre values.
The little North Ryde arcade keeping developers at bay
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The little North Ryde arcade keeping developers at bay
Tucked in between shops of a slightly older vintage, Adwill Place is worthy of the title of a North Ryde landmark.
Goldfields Plaza a $27.5m nugget for Lascorp
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Goldfields Plaza a $27.5m nugget for Lascorp
A Queensland country shopping centre is set for a major facelift after being snapped up by a leading retail developer, for a cool $27.5 million.
DJ’s Elizabeth St store to have entire floor of shoes
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DJ’s Elizabeth St store to have entire floor of shoes
David Jones chief executive David Thomas admits retail can be a brutal game but he is banking on cashed-up locals backing his grand plans for the chain’s $200 million redevelopment of its flagship Elizabeth St …
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