Masters Commercial Property

Commercial property news about Masters

No Ikea or Aldi for Cairns’ former Masters store
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No Ikea or Aldi for Cairns’ former Masters store
The fate of the abandoned Masters Home Improvement warehouse in Portsmith has finally been revealed — and what is planned will come as a surprise.
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.
Masters selloff continues as three NSW stores change hands
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Masters selloff continues as three NSW stores change hands
Three more former Masters sites have changed hands for a total of $70 million as properties once-controlled by retail giant Woolworths’ home improvement venture are seized by new owners.
Ex-Masters sites: Major player loads up on Bunnings stores
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Ex-Masters sites: Major player loads up on Bunnings stores
The acquisitive Charter Hall’s property funds empire has topped $20 billion with further growth in the offing as the company holds a $3 billion war chest back for its ­expansion.
Primewest grabs slice of Masters pie
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Primewest grabs slice of Masters pie
Another high-profile backer has joined the consortium of wealthy families that bought the Masters business for a bargain $730 million from Woolworths and estranged partner, US hardware giant Lowe’s. This article originally appeared on theaustralian.com.au/property.
Bunnings moves quickly on Masters stores
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Bunnings moves quickly on Masters stores
Bunnings will leave seven of its stores to swoop on sites previously occupied by Masters, as the fallout from Masters’ failed home improvement division continues.
Woolworths to close Masters stores in December
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Woolworths to close Masters stores in December
Woolworths’ ill-fated foray into Australia’s home hardware market will come to an end on December 11, with the retail giant’s hardware stores to be sold and turned into large format retail hubs.
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