Shopping Centre

If investors are as hungry as the customers at this strip of shops in Townsville, there’ll be plenty of potential buyers ready to put it on their menu. The retail hub, which has eight shops …

West Australian-based syndicator Properties & Pathways has expanded its Queensland holdings by snapping up a large format retail centre in Townsville for $16 million as retail transactions in the state jump.

Grocery giant Coles will hope its “down, down” jingle works in reverse as it takes one its key Geelong assets to market this week.

The listed Charter Hall Retail REIT has put the Gordon shopping centre in Sydney’s north on the block with the trust hoping to reap more than $150 million from the sale.

A retail complex on Brisbane’s outer fringe has sold for $78.35 million — on a low 5.19 per cent yield — in a record transaction for Queensland.

Food retailers are cementing their place as a key part of retail landlords’ strategies, while refurbishments have also been crucial to make shopping centres attractive to tenants and customers, JLL research has found.

AMP Capital’s unlisted Wholesale Property Fund has acquired a Gold Coast lifestyle shopping centre for $137.5 million in a move that will increase the fund’s retail weighting to almost 40%. This article originally appeared on theaustralian.com.au/property.

Leading shopping centre managers are tipped to bid for Commonwealth Superannuation Cor­p­oration’s half stake in Brisbane’s Indooroopilly Shopping Centre in a deal that could reap the fund up to $1 billion. This article originally appeared on theaustralian.com.au/property.

Charter Hall’s listed shopping centre trust is backing its mall ­locations and lease structures with major tenants as a defence against the looming entry of Amazon, warning that the online commerce giant will face headwinds in Australia. This article originally appeared on theaustralian.com.au/property.