Retail

Private equity giant Blackstone has carved off another slice of its $3 billion portfolio of shopping centres with Singaporean group SPH REIT teaming with the asset management arm of investment bank Moelis to buy Figtree Grove Shopping Centre in Wollongong for $206 million.

From industrial gems to big-name brands to pubs linked to the underworld, Australia’s most-viewed commercial properties came in all manner of guises in 2018.

A sale worth $74 million has been rung up for a northern suburbs shopping centre.

QIC Global Real Estate and joint venture partners MAB Corporation and Gibson Property Corporation will start work in the new year on the $40 million first stage of their Merrifield City Centre in Melbourne’s northern growth corridor.

John Singleton’s company Bonython have splashed over $6 million on side-by-side blocks of land on East Gosford’s most desirable waterfront at Caroline St, with potential plans including a marina, public ferry wharf or commercial shops.

Fresh off announcing a major rollout of stores across Australia, global Mexican food giant Taco Bell has confirmed it will open its first restaurants in New South Wales and the ACT. In an announcement on Tuesday, …

A double-storey shop and home in South Melbourne’s iconic Emerald Hill Estate precinct is latest in the renowned strip to find a new owner.

Australia’s top supermarket for customer satisfaction has been revealed. And the result might surprise you. Foodland has taken the title for the third month straight, edging out German import Aldi in the happy customer stakes. …

Westfield’s key malls have become so big they had lost “rental tension” with their new owner no longer on the expansion trail, it was revealed in a UBS research note after the investment bank hosted Unibail-Rodamco-Westfield’s chief financial officer at its global conference.