Big Box Retail

Commercial property news about Big box retail and Large format retail.

From shine to shame: Whatever happened to Woolworths’ Masters?
News
From shine to shame: Whatever happened to Woolworths’ Masters?
From the moment hardware chain Masters opened its doors, it drained cash. Retail analysts say it was destined to fail from the beginning. It was designed to be the premium version of Bunnings, and so …
Private investors power large format retail deals
Buying & Selling
Private investors power large format retail deals
Private investors have been betting big on large format retail properties that are home to furniture, hardware and lifestyle brands amid Australia’s surging population growth and limited supply.   New CBRE research found that private …
Is the supermarket battle for real estate hurting customers at the checkout?
News
Is the supermarket battle for real estate hurting customers at the checkout?
A struggle to secure prime real estate could be keeping other players out of the supermarket sector, and it may be costing shoppers. More competition in the supermarket sector would lower grocery prices, but Australia’s …
Broadmeadows Homemaker Centre sells for $20m as investors pile into market
News
Broadmeadows Homemaker Centre sells for $20m as investors pile into market
A $20m property sale for the Broadmeadows Homemaker Centre will see the buyer collect $1.4m a year from tenants. And they weren’t the only ones after a piece of the once low-rent suburb.
Bunnings Collingwood sold in mega deal as wealthy Holckner family offloads to private investor
News
Bunnings Collingwood sold in mega deal as wealthy Holckner family offloads to private investor
An eight-figure deal has been nailed down for the inner-city hardware store to make it one of the suburb’s most-expensive properties. See what it sold for.
Toys “R” Us plans to throw its doors open again
News
Toys “R” Us plans to throw its doors open again
Toys “R” Us is relaunching its physical store presence in Australia with grand plans to open one of the country’s biggest toy and baby stores in time for the Christmas buying rush.
Homemakers make hay as bigger mall sales stall
Buying & Selling
Homemakers make hay as bigger mall sales stall
Sales of shopping malls are in the doldrums but large-format centres targeting household needs are firing.
One of Australia’s largest homemaker centres sold for $282 million
News
One of Australia’s largest homemaker centres sold for $282 million
One of Australia’s biggest homemaker centres has changed hands for a mega $282 million, marking the second largest sale on record for the large format retail sector.
Furniture giant Ikea opens a new kind of store in Australia
News
Furniture giant Ikea opens a new kind of store in Australia
Ikea has opened the first of what could be a number of small format stores in Australia, minus the traditional maze-like showroom and Swedish meatballs.
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