Business News

Australia can expect more “category killer” large format retail stores like Harvey Norman and Bunnings in the coming years, putting further pressure on smaller retailers, an expert says.

AMP Capital has appointed Brookfield Multiplex to build the $600 million redevelopment of Perth’s Karrinyup Shopping Centre, just hours after CBD shopping centre Carillon City hit the market.

A consortium consisting of Melbourne builder Grocon, shopping centre giant Scentre and Chinese-backed Aqualand looks certain to win the rights to develop Sydney’s $2 billion Central Barangaroo. This article originally appeared on theaustralian.com.au/property.

NAB will shift its Queensland headquarters and 650 employees to Brisbane’s Golden Triangle after leasing 8000sqm of space from the Investa Commercial Property Fund.

Emerging technologies across the next decade will change how off­ices are designed and workers operate — but a significant loss of privacy is inevitable, experts warn. This article originally appeared on theaustralian.com.au/property.

Melbourne’s historic Palais Theatre in St Kilda has quite literally been given a new lease on life, with a new operator winning a bid to lease the iconic venue for the next three decades.

Listed hotel management company Mantra Group has more than 20 Asia-Pacific and domestic properties in its pipeline and has unveiled an increased offshore focus. This article originally appeared on theaustralian.com.au/property.

Brookfield has revealed its billion-dollar New York-style plan for Wynyard Place, with an ambition to transform the precinct into the city’s central hub. This article originally appeared on theaustralian.com.au/property.

Vacancy levels in the Brisbane CBD are predicted to peak at 19% this year, but industry commentators are confident growing demand from the health care and IT industries will counteract any further rise.