Shopping Centre

Chinese investors have acquired the Central Park Shopping Centre in Brisbane’s southern suburb of at Calamvale, amid continued strong buyer demand for retail investment opportunities.

Shopping is a favourite Australian national pastime and shopping centres are a key factor in economic health. But who owns and manages them?

Scentre Group has splashed out $600 million to lift its stake in a $6.6 billion slab of four shopping centres, sparking renewed interest in the retail property heavyweight undertaking an equity raising. This article originally appeared on theaustralian.com.au/property.

Vicinity Centres has stepped up its asset sale program, appointing a slew of top agents to sell a $250 million subregional and neighbourhood centre portfolio. This article originally appeared on theaustralian.com.au/property.

Noosa’s star quality has proved a powerful carrot for investors, with the Noosa Junction Plaza neighbourhood shopping centre snapped up for $16 million.

AMP Capital is pursuing a bold retail strategy that could eventually see homes, office space and student accommodation included alongside new shopping centres. This article originally appeared on theaustralian.com.au/property.

Vicinity Centres has offloaded four shopping centres in Victoria and Queensland, including Forest Hill Chase and Toombul, to Blackstone and Mirvac for $841.4 million.

Large format retail is coming to Perth Airport, with Vicinity Centres to develop a Direct Factory Outlets complex on airport land.

Aventus Property Group has snared Australia’s biggest portfolio of large-format retail centres, snapping up a five-strong collection from the Blackstone Group for $219 million. This article originally appeared on theaustralian.com.au/property.