Shopping Centre

Chinese-backed investment firm iProsperity Group has pushed further into the Australian market, swooping on a shopping centre in suburban Melbourne in a deal worth $45 million. This article originally appeared on theaustralian.com.au/property.

Australia’s smallest commercial properties are enjoying a moment in the sun as investors chase cheaper entry points into the commercial market. A tiny 12sqm kiosk at Melbourne’s Northcote Plaza is the second kiosk to be …

Chinese investors are tightening their grip on Victoria’s shopping centre market, with the Arena Shopping Centre in Melbourne’s south-east the latest to land in their hands. A Shenzhen buyer paid $48 million for the Officer centre, …

Listed retail landlord Vicinity Centres has picked Jeff Xu’s Golden Age Group to develop more than 500 apartments above The Glen shopping centre in Melbourne’s southeast. This article originally appeared on theaustralian.com.au/property.

Shopping centre managers have expressed concern about rising competition, the threat of online retailing and higher fuel prices, but have been buoyed by interest from international retailers. This article originally appeared on theaustralian.com.au/property.

Size was no barrier for an investor who paid $401,500 for one of the smallest commercial properties ever to hit the market. The tiny kiosk at Northcote Plaza Shopping Centre, just north of Melbourne’s CBD, attracted strong bidding …

The Glen shopping centre in Melbourne’s south-east will be the latest Victorian mall to receive a major makeover, with Vicinity Centres announcing a $490 million overhaul that will include a new Aldi supermarket and a host of new fashion brands.

The volume of retail property sales is tipped to hit record levels this year, with a series of major portfolios on the block. This article originally appeared on theaustralian.com.au/property.

Amazon’s imminent arrival on the Australian shopping scene comes amid a drop in retail trade in December, with a high number of store closures and challenging conditions for tenants. This article originally appeared on theaustralian.com.au/property.