Big Box Retail

Regional Queensland has peeled off one of the year’s first sales of a Bunnings Warehouse, with a store east of Brisbane selling for more than $10 million.

Supermarket giant Costco is king of happy shoppers among Australia’s discount department stores, after winning research group Roy Morgan’s annual Customer Satisfaction Award.

Sentinel Property Group has offloaded a trio of homemaker centres across Australia in deals worth almost $90 million.

A Perth-based syndicate has pocketed an almost 70% price premium after selling a large format retail centre on the New South Wales Central Coast, having bought the asset just 18 months ago.

Aventus has capped an impressive Christmas period for Australia’s retail property market, selling a shopping centre portfolio in regional Victoria and New South Wales. In a festive season rush, the group offloaded large format centre …

German supermarket giant Kaufland has stepped up its push into the Australian market with the purchase of its second site, this time in Melbourne’s outer southeast. 

Tell an investor a property leased to Bunnings Warehouse is for sale and immediately they’ll be expecting to pay big bucks for a tight yield.

Costco is throwing open the doors to its Melbourne stores for one day only next week, giving shoppers who aren’t members of the bulk supermarket chain the chance to grab a pre-Christmas bargain. Leader Newspapers reports …

Bunnings has plans to expand across Britain and could buy or lease more than 100 sites in coming years as the Australian group becomes a major presence after buying Homebase last year.