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First-time investors chase strip retail properties in portfolio sale

First-time investors chase strip retail properties in portfolio sale
Local council buys Sydney neighbourhood shopping mall for $105 million
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Local council buys Sydney neighbourhood shopping mall for $105 million
A local council has bought a neighbourhood shopping centre in Sydney’s Castle Hill for $105 million, beating out investors and developers.
Rare trio of Pakington St shops snapped up for $4.4m
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Rare trio of Pakington St shops snapped up for $4.4m
A rare trio of shops sold as one package sparked a big bidding war as buyers jostled for a position on Geelong West’s premium commercial strip.
Most viewed: Mix of commercial properties pique interest over Christmas
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Most viewed: Mix of commercial properties pique interest over Christmas
A medley of commercial property types attracted interest over the Christmas-New Year season from offices to shopfronts, medical facilities and warehouses.
More shopping centres to become one-stop-shops post-COVID
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More shopping centres to become one-stop-shops post-COVID
The coronavirus pandemic is likely to accelerate the transformation of more shopping centres into mixed-use precincts offering everything from hotels and offices to medical clinics.
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