Big Box Retail

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

Port Macquarie Bunnings in huge $44m sale
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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. 
RBA issues warning over banks’ retail exposure
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RBA issues warning over banks’ retail exposure
Australia’s retail industry is undergoing a major facelift as it responds to shifts in consumer preferences, and the Reserve Bank of Australia (RBA) says that major banks have dramatically increased their exposure to retailers by …
Brisbane’s Homemaker The Valley sold from Altis portfolio
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Brisbane’s Homemaker The Valley sold from Altis portfolio
Interests associated with the ­Karedis family and Brett Blundy have swooped on major properties in the $500 million Altis Property Partners portfolio, making purchases that boost their dominant positions in the large format retail industry.
Rich lister sells Albury’s The Good Guys site
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Rich lister sells Albury’s The Good Guys site
An Albury property leased to a The Good Guys outlet is the latest one of the electronic chain’s stores to find a new owner.
Costco readies for online onslaught
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Costco readies for online onslaught
Costco’s new distribution centre will be more than just a storage facility to service its chain of outlets, it has been confirmed.
Scenery just the beginning at Blue Mountains Bunnings
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Scenery just the beginning at Blue Mountains Bunnings
Most property buyers turn to New South Wales’ famous Blue Mountains for the lifestyle or a major tree change. But it will be investors who descend on the popular region next month when a rare …
Kaufland coming to former Gold Coast Bunnings site
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Kaufland coming to former Gold Coast Bunnings site
German supermarket powerhouse Kaufland has struck a fresh deal to expand into Queensland, with Bunnings landlord BWP Trust poised to sell it a site on the Gold Coast.
Two former Masters sites snapped up within four weeks
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Two former Masters sites snapped up within four weeks
Two former Masters hardware sites in Perth have been sold after just four weeks on the market.
New IKEA, Costco on the cards near Newcastle
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New IKEA, Costco on the cards near Newcastle
IKEA and Costco are a step closer to opening new stores at Boolaroo, near Newcastle.
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