National Commercial Property News

National commercial property news, commercial real estate market data, business news and insights.

Inspiration & Style
Developers start planning for flying cars
Developer Dan Kodsi sees flying cars on the horizon.
Amazon plots major Australian expansion
Technology company Amazon has outlaid an ambitious agenda to expand in Australia over the next five to seven years, citing its long-term time horizons and its ability to re-engineer entire ­industries as a competitive advantage. 
Shopping centres launch food fight against Amazon
Landlords are adding so many new eateries to shopping malls to draw customers away from online shopping platforms such as Amazon that they are creating competition for existing operators, a JLL report found. Tenant inquiry …
Lendlease to shake up retirement industry
Retirement village operator Lendlease is preparing to shake up the industry with three new payment options for residents, in addition to the traditional “deferred management fee”.
Flour giant cooks up $400m industrial deal
Real estate investment firm Qualitas has unveiled one of the country’s largest-ever industrial portfolio deals, snapping up the Allied Pinnacle property portfolio in a sale and lease-back deal worth about $400 million.
Westfield takeover wins government approval
French shopping centre giant Unibail-Rodamco’s $30 billion takeover bid for Westfield’s international shopping centre empire has received the green light from federal Treasurer Scott Morrison, as heavyweight offshore fund managers say a rival bid is unlikely to emerge for the Frank Lowy-led mall empire.
Aldi winning hearts and minds in supermarket turf war
German giant Aldi has gained further ground in Australia’s supermarket turf war, upping its market share more than any of its rivals in 2017.
Inspiration & Style
Topshop’s splash with 65-metre in-store waterslide
Remember when all it took to run a successful retail store was some products, some shelves and racks and a cash register?
Coles to go it alone with demerger from Wesfarmers
Wesfarmers has announced it intends to demerge its Coles grocery division to create a new top 30 company on the ASX.
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