Aldi

Lendlease is testing the appetite for shopping centres, offering up a $400m portfolio of three subregional malls including Settlement City in Port Macquarie.

Aldi has sold a former supermarket site in western Sydney for $21 million to a private investor who eventually plans to redevelop the property.

Retailer Aldi has sold another two distribution centres to Charter Hall and joint venture partner Allianz Real Estate for $281.5 million.

Sydney buyers have been handed the exciting opportunity to purchase their very own supermarket. Aldi is selling a 3889sqm shopping centre in the heart of Auburn ahead of the grocery store’s move to a neighbouring …

German retailer Aldi has sold off four distribution centres for $648 million in one of the biggest industrial deals of the year.

More than $1bn worth of property sale and leaseback deals are in train as investors chase the safe haven offered by logistics and industrial property even amid concerns about a broader slow down in commercial real estate.

German supermarket giant Aldi giant has become the latest company to capitalise on the boom in logistics property deals and has tapped real estate firm JLL to offer a $700m portfolio of warehouses.

German supermarket discounter Kaufland’s shock decision to abandon the Australian market – quitting before opening a single store, after devoting almost $500 million to the launch – is a positive for the grocery sector, with Coles and Metcash the biggest winners as they were viewed as most likely to lose market share to the foreign entrant.

The opportunity to be the very first owner of a new Aldi supermarket is up for grabs in inner-city Melbourne. Scheduled for completion next year as part of the Lyric Building development in Fitzroy, the …