Big Box Retail

Essential retailers such as supermarkets are expected to remain high on investors’ shopping lists this year after a rebound in buyer demand for retail assets.

Bunnings Warehouses are expected to remain a favourite with investors, having become even more highly prized during the COVID-19 pandemic.

This Christmas, more Australians than ever want to shop small and shop local, according to retail experts and those behind burgeoning online platforms tapping into the phenomenon.

New Zealand investor Cook Property has paid $58.6 million for a Bunnings Warehouse under construction in Queensland amid strong local and international demand for the popular investments.

Economic stability and property market strength is attracting investors to Tasmania’s commercial property sector, with one tasty offering attracting plenty of attention.

As states emerge from lockdowns and Australia prepares to open its borders, bullish investors are clambering for prized assets. Burgess Rawson expects this sentiment to drive its November portfolio auction skywards.

Super heavyweights UniSuper and Cbus Property are making a $2.2bn investment in the Gold Coast’s Pacific Fair and Sydney’s Macquarie Centre.

Discount department stores such as Kmart and Target have boosted sales and customer loyalty during the pandemic and will be rewarded as eastern states emerge from lockdown. As a result, investors are jumping on store listings.

A syndicate has paid $28.55 million for an unbuilt Bunnings while another warehouse under construction has hit the market amid growing demand for the hotly-contested investments.