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Shopping Centre
Shopping centre industry news, market trends and insights.
News
US shopping centres turn to cannabis
News
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.
News
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 …
News
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.
News
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 …
News
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.
News
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.
News
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.
News
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.
News
Wollongong’s Figtree Grove shopping centre tops $200m
Private equity giant Blackstone has carved off another slice of its $3 billion portfolio of shopping centres with Singaporean group SPH REIT teaming with the asset management arm of investment bank Moelis to buy Figtree Grove Shopping Centre in Wollongong for $206 million.
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