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Retail industry news, retail property market trends and insights.
News
15 South Melbourne terrace shops could net $50m
News
Vicinity sells Perth’s Flinders Square shopping centre
Listed shopping centre giant Vicinity Centres has sold Flinders Square in Western Australia for $39.5 million as it shifts focus to larger properties and chases mixed-use opportunities.
News
Happy meal: Investor buys McDonald’s, KFC and servo
Four major commercial sites in Northmead expected to sell individually have just one new owner after a finger lickin’ good sale.
News
Two more Geelong shopping centres hit the market
Corio Central is set to become the region’s most expensive shopping centre to sell in a year when almost $200 million worth of assets has already changed hands.
News
How the digital revolution is changing commercial property forever
We have watched digital technology rewrite the rule books in media and retail. The next sector to be transformed is bricks and mortar — a key linchpin of many Australian investment strategies.
News
Pascoe Vale’s home of ‘pastizzi’ to be sold after 38 years
A pastry shop in Pascoe Vale is heading to auction for the first time in 38 years.
News
Office, hotels and industrial fill retail void
Strong performances in the office, hotel and industrial sector are helping to counter ongoing weakness in the retail space, the latest NAB Commercial Property Index shows.
News
Two former Masters sites snapped up within four weeks
Two former Masters hardware sites in Perth have been sold after just four weeks on the market.
News
Emporium Melbourne drives $147m Vicinity lift
Retail landlord Vicinity Centres has unveiled a $147 million lift in the value of its shopping centre portfolio, with its largest assets, including Emporium Melbourne, leading the way.
News
Coles reveals plans to open more stores
Coles is set to expand its store network once the supermarket giant demerges from parent Wesfarmers, citing the tailwind of population growth, which reached 1.6% nationally last year.
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