Retail

Prime retail space in Pakington Street and Ormond Road are set to attract plenty of attention from buyers.

Property investment manager Newmark Capital is on the hunt for more large format retail assets after snapping up its sixth Bunnings Warehouse for $75 million.

Buy this 130-year-old building, which is located in a revitalised and popular pub precinct, and you’ll be drinking in the benefits in no time.

The coronavirus pandemic has sparked a fresh surge in interest in properties where big name brands like 7-11, Freedom and Coles pay the mortgage for you.

Melbourne-based IP Generation has swooped on Mildura Central shopping centre in the regional Victorian town in an $81.1 million play showing the heat in the small shopping centre market.

Private investors priced out of bigger Bunnings Warehouse deals are chasing a rare opportunity to secure one of the popular investments – and at a more affordable price point.

An investor has picked up a property in a ‘hot little pocket’ of the coast shared by a well-known diamond wholesaler and a licenced brothel for $2.55m.

The strong performance of smaller shopping centres across the nation’s suburbs could prompt property giant Vicinity Centres to sell its holdings or spin them off into a new trust comprising a $1.6bn portfolio, ­according to Morgan Stanley ­analysts.

Local investment powerhouse QIC has sold two major retail centres for a combined $163m in recent days amid a hot market for home improvement centres.