Woolworths

Property group Charter Hall and retailer Woolworths have struck up a partnership to develop a $100 million-plus major produce facility for the supermarket giant in the western Melbourne suburb of Laverton.

German giant Aldi has gained further ground in Australia’s supermarket turf war, upping its market share more than any of its rivals in 2017.

Up to 280 apartments are proposed for the Dee Why Woolworths site meaning there are now almost 1000 units approved or being built in the heart of the suburb.

Retirement specialist Aveo Group has exited a major commercial property holding, selling the Gasworks Plaza complex in Newstead, Brisbane, to AMP Capital for $248.4 million.

Woolworths is looking to capitalise on investor demand for new centres by preparing for sale a six-strong portfolio worth about $200 million.

The listed Growthpoint Properties Australia has offloaded a Woolworths national distribution centre and the attached Victorian state head office in Melbourne’s eastern suburbs to a private group in a deal worth $90.75 million. The sale …

The Victorian distribution centre and head office of supermarket giant Woolworths has been put on the market, with an asking price of around $100 million. The Wellington Rd property, strategically positioned between the Monash Freeway …

More than $1 billion was wiped off top retailers on Monday as online giant Amazon’s multi-billion-dollar move on high-end supermarket Whole Foods Market in the US sparked fears that major grocery sellers could be hit if the tie-up was rolled out locally. This article originally appeared on theaustralian.com.au/property.

A Woolworths that sold for $13 million and a investor binge on childcare centres headlined this week’s Burgess Rawson investment portfolio auctions in Sydney and Melbourne. More than $104 million worth of commercial property sold over two …