Retail

Retail industry news, retail property market trends and insights.

St Kilda Rd six-pack a developer’s potential dream
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St Kilda Rd six-pack a developer’s potential dream
A colourful six-pack of properties along St Kilda Rd has hit the market, leaving the site’s future unknown. 
St Ives tops Sydney’s highest revenue local shops
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St Ives tops Sydney’s highest revenue local shops
St Ives Shopping Village in ­Sydney has won the title of Australia’s highest revenue neighbourhood shopping centre, with annual sales of $245.26 million. 
Port Macquarie Bunnings in huge $44m sale
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Port Macquarie Bunnings in huge $44m sale
Two regional sales have been struck in NSW and Queensland, with property fund manager MPG Funds Management buying a Bunnings for $44.65 million and Shakespeare Property buying a Sunshine Coast resort and land parcel for about $100 million. 
Sydney Airport targets major retail push
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Sydney Airport targets major retail push
Sydney airport has signalled it will push further into shopping and services with the appointment of retail property expert Van­essa Orth from the listed GPT.
Campbellfield Plaza sale to include rare 24-hour Kmart lease
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Campbellfield Plaza sale to include rare 24-hour Kmart lease
One of the most significant suburban shopping centres in Melbourne’s northern suburbs is on the market, with Campbellfield Plaza’s owners selling their 100% interest in the property.
RBA issues warning over banks’ retail exposure
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RBA issues warning over banks’ retail exposure
Australia’s retail industry is undergoing a major facelift as it responds to shifts in consumer preferences, and the Reserve Bank of Australia (RBA) says that major banks have dramatically increased their exposure to retailers by …
Frankston Ford site sold for $13.25m
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Frankston Ford site sold for $13.25m
A local investor has snapped up a site that is the long-term home of Frankston’s Ford dealership.
Myer considers cost-cutting move to Melbourne ‘burbs
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Myer considers cost-cutting move to Melbourne ‘burbs
Myer is looking to either halve its office space at its 800 Collins St headquarters or move out — as the company looks to make savings.
Burwood One closes in on $200m sale
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Burwood One closes in on $200m sale
Burwood One shopping centre’s sale is imminent, with an eye-watering figure close to $200 million tipped to seal the deal.
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