Retail

A smattering of retail landlords will be scrambling to renegotiate leases with the receivers of fallen retail homewares chain Harris Scarfe.

The champagne fountain was cascading at the unveiling of the David Jones Elizabeth Street ground-floor launch this week.

This has been another good year for commercial property markets. Continued inflow of funds searching for yield as bond rates fell further has driven a tendency for yields to continue to firm. And it’s not just property. This applies to asset markets across the board, both unlisted and listed.

Local buyers have outmuscled international developers to secure a prominent commercial site in Camberwell in an eight-figure December sale.

On the main thoroughfare of Innisfail is the opportunity to buy an investment that will stand the test of time.

Now everyone can buy a Bunnings Warehouse this Christmas. While one of the hardware giant’s stores might not be in every person’s price range, you can now grab your own pint-sized version of the company’s …

Supermarket giant Woolworths has stepped up plans to expand its store network and has emerged as the buyer of 10 Caltex service station properties the oil company sold across Australia last week in a larger $136 million deal.

The shopping centre industry has been bolstered by the sale of a half-stake in one of Perth’s largest properties, the $1.1bn Garden City, to local Westfield owner, the Scentre Group.

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