City fringe

Regional shopping centres offering premium services and local neighbourhood complexes that are very convenient are dominating asset trading this year.

Property group Charter Hall and retailer Woolworths have struck up a partnership to develop a $100 million-plus major produce facility for the supermarket giant in the western Melbourne suburb of Laverton.

Listed groups Charter Hall Retail REIT and Vicinity Centres has sold almost $100 million worth of smaller shopping centres as they switch focus to higher value ­assets.

Has the already raging childcare property market gone to yet another level?

A $500 million portfolio of retail homemaker centres is set to hit the market with properties up for grabs in Queensland and New South Wales.

The Abu Dhabi Investment Authority, the world’s third-largest sovereign investment fund, is putting its flagship hotels at Sydney Olympic Park on the market in what could be the year’s largest single hotel transaction.

The Maroondah Village shopping centre has smashed the Croydon North property price record it set just three years ago.

A Box Hill development site the same size as the quarter-acre block, once the centre of the great Australian homeowner dream, is set to top a whopping $9 million.

Construction has started on a $4 million leisure centre for Helensvale.