Big Box Retail

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

Chinese buyer nets IKEA warehouse for $17m
An Abbotsford warehouse leased to Swedish furniture goliath IKEA has sold to a Chinese investor for more than $17 million.
No Ikea or Aldi for Cairns’ former Masters store
The fate of the abandoned Masters Home Improvement warehouse in Portsmith has finally been revealed — and what is planned will come as a surprise.
Finding new store sites ‘impossible’: Harvey Norman
Billionaire Gerry Harvey says it’s impossible to find suitable land for the next rollout of Harvey Norman flagship stores in Australia and will settle on redeveloping one of the group’s pre-existing Melbourne stores.
Brisbane Bunnings the first to fire up investors in 2019
Owning your very own Bunnings warehouse may well be the ultimate renovator dream — especially if it earns over a million dollars in annual income.
Harvey Norman distribution centre up for sale
A Harvey Norman distribution centre that services most of Northern Tasmania will be auctioned next week, and agents say it’s got a major advantage over almost any other retail warehouse in Australia. The industrial building …
Agricultural Society calls time on Glenorchy Bunnings site ownership
The Royal Agricultural Society of Tasmania is set to sell the 4ha site on which the Glenorchy Bunnings Warehouse was built.
Bunnings and supermarket trio on show at anniversary auction
A site leased to Bunnings, three supermarkets, two service stations and a Harvey Norman outlet are among a deep list of properties that will go under the hammer as commercial agency Burgess Rawson celebrates its 125th investment portfolio auction.
Inspiration & Style
Monaro Mall renovation picks up national architecture award
London-based architecture firm Universal Design Studio and Canberra-based studio Mather Architecture have won a National Architecture Award for their work on the redevelopment of Australia’s first fully enclosed shopping centre, Monaro Mall. Jeremy Mather, director …
Port Macquarie Bunnings in huge $44m sale
Two regional sales have been struck in NSW and Queensland, with property fund manager MPG Funds Management buying a Bunnings for $44.65 million and Shakespeare Property buying a Sunshine Coast resort and land parcel for about $100 million. 
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