Big Box Retail

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

How Chemist Warehouse came to dominate Australia’s retail landscape
News
How Chemist Warehouse came to dominate Australia’s retail landscape
One of the biggest retail deals in Australian corporate history was finalised last week, with the $32 billion merger between Chemist Warehouse and Sigma Healthcare finally complete. The historic merger saw Sigma – a publicly …
Bunnings Shellharbour sells to private investor for $40.6m
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Bunnings Shellharbour sells to private investor for $40.6m
What will Australia be like in 2078? Robot politicians? Virtual working from home? Uber teleporting? No matter what it is, Bunnings reckons it will be a big part of it.
Investors pocket $1m-plus jump in value off busy Repco site
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Investors pocket $1m-plus jump in value off busy Repco site
A site occupied by one of Australia’s largest auto parts and car accessories retailers has been snapped up within days of its investors deciding to sell.
New Bunnings Stores Opening in Australia
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New Bunnings Stores Opening in Australia
In the last 12 months, Bunnings has opened new stores in Wonthaggi (VIC) and Noarlunga (SA). It has also expanded four of its existing stores including North Penrith and Lismore (NSW), Coburg (VIC) and Claremont …
From shine to shame: Whatever happened to Woolworths’ Masters?
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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?
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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
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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
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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.
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