Shopping Centre

Shopping centre industry news, market trends and insights.

Campbellfield Plaza sale to include rare 24-hour Kmart lease
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Campbellfield Plaza sale to include rare 24-hour Kmart lease
One of the most significant suburban shopping centres in Melbourne’s northern suburbs is on the market, with Campbellfield Plaza’s owners selling their 100% interest in the property.
Burwood One closes in on $200m sale
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Burwood One closes in on $200m sale
Burwood One shopping centre’s sale is imminent, with an eye-watering figure close to $200 million tipped to seal the deal.
Brisbane’s Homemaker The Valley sold from Altis portfolio
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Brisbane’s Homemaker The Valley sold from Altis portfolio
Interests associated with the ­Karedis family and Brett Blundy have swooped on major properties in the $500 million Altis Property Partners portfolio, making purchases that boost their dominant positions in the large format retail industry.
Western Sydney’s ShopSmart changes hands for $25m
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Western Sydney’s ShopSmart changes hands for $25m
A major shopping precinct in western Sydney has changed hands for almost $25 million. 
Stake in WA’s largest shopping centre up for grabs
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Stake in WA’s largest shopping centre up for grabs
The Future Fund is looking to ­reduce its exposure to Perth’s strongly performing retail market through the offer of its stake in the $1.2 billion Lakeside Joondalup Shopping City.
Perth’s DFO set to open next month
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Perth’s DFO set to open next month
Western Australia’s first Direct Factory Outlet will open in four weeks.
Scentre rides Amazon ripples with profit lift
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Scentre rides Amazon ripples with profit lift
Mall owner Scentre Group said it was on target to increase funds from operations by around 4% this fiscal year, after reporting an improved half-year net profit driven by valuation gains on its property portfolio. 
$45m price tag for new Penrith shopping centre
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$45m price tag for new Penrith shopping centre
A new Penrith shopping centre anchored by both Woolworths and Aldi supermarkets is up for grabs, with agents expecting it to sell for around $45 million. Cranebrook Village, which was recently completed at Cranebrook, in …
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.
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