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Large investors target supermarkets and Bunnings during COVID
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Singaporeans buy Woolies’ Sydney HQ
The Woolworths headquarters has sold for $463m to a Singapore-listed real estate trust with the deal signalling the office market is up and running again.
News
Neighbourhood supermarkets take the early running
The steady returns from smaller shopping centres are resetting how retail is perceived.
News
Coles lists Caringbah store with DA plans for apartment complex
A Sutherland shire Coles is set to be the centre of a major development opportunity with the supermarket giant listing the property with bold plans.
News
Record prices for ‘pandemic-proof’ supermarkets as sector soars
A regional Victorian Coles and a smaller-format Melbourne Woolworths have fetched record prices as investors target “pandemic-proof” supermarkets.
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Coles Five Dock expected to fetch $25m-plus after coming up for sale
A popular inner west Coles is the first supermarket to come up for sale in Sydney in over two years, so it’s no surprise that it is set to land the owner a monster payday.
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Woolworths to build $100m robotic warehouse in Sydney
Woolworths is making a $100 million bet on a new hi-tech robotic warehouse in Sydney’s west to turbocharge its home delivery business.
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Strong investor interest expected in Victorian Coles supermarket
Coles Group is selling one of its supermarkets in a Victorian tree-change town as the coronavirus pandemic increases the already-strong investor appetite for standalone supermarkets.
News
Coastal Woolworths fetches $25m amid strong private investor interest
A private investor has paid $25.1 million for a Woolworths in the Victorian seaside town of Torquay amid strong interest in supermarkets as a “go-to” investment during the coronavirus pandemic.
News
Strong investor demand for ‘pandemic-proof’ standalone supermarkets
Some investors have taken stocking up on essential items to a whole new level by buying entire “pandemic-proof” supermarkets.
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