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Retail
Retail industry news, retail property market trends and insights.
News
North Sydney office demand drives Zurich tower sale
News
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.
News
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.
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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.
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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.
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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.
News
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 …
News
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.
News
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.
News
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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