Retail

Supermarkets are proving to be the hardiest part of the shopping centre industry with Coles selling successfully selling off two centres in NSW for a total of almost $45 million.

A beachside business opportunity is on offer for those seeking operate in one of Darwin’s most iconic locations.

The Charter Hall Retail REIT has snapped up a 20% stake in a $281 million portfolio made up of two Sydney centres anchored by Woolworths, Coles, Aldi and Kmart.

The Aria Property Group is set to embark on its largest project to date following the approval of a $350 million integrated resort development at Mooloolaba on the Sunshine Coast.

A development in Sydney’s western suburbs mooted as the next major Amazon facility has won approval, with supermarket giant Coles already slated to move into the estate being developed by Goodman and Brickworks.

The weekly ritual of shopping for family essentials might be all it takes to persuade a cashed-up investor to swoop on a sprawling retail package now up for grabs in Melbourne’s east. 

A prime Pakington St property is set to spark a bidding war when it hits the market for the first time in 50 years in October.

For years it has been a part of North Sydney’s cherished retail history – now it could become part of its dynamic future. 

The former Masters property empire, now known as HomeCo, is set to list on the ASX in October after raising $300 million from investors keen to back the company’s growth alongside some of the country’s wealthiest families.