Retail

A gigantic $US4 billion retail and entertainment complex won government approval after years of debate, greenlighting what promises to be the largest mall in North America, just a few kilometres from Florida’s environmentally sensitive Everglades.

Would you pay $350,000 for a property smaller than the typical carpark?

An investment property owned by a member of 1960s supergroup The Seekers hit a high note as it soared $1.7 million past reserve at auction last week. 

The brand might be marketed as the ultimate driving machine, but the home to South Yarra BMW could prove to be the ultimate property investment.

Global luxury watch brand Longines is set to open its second Australian boutique despite headwinds facing the retail sector that have seen a wave of less prestigious labels close their doors. 

Belmont Park Racecourse will be transformed into a landmark $3.8 billion development with 4500 new homes, in one of the biggest high-density communities ever constructed in Perth.

Service stations are proving to be a star performer for the retail industry, despite predictions hybrid and electric vehicles will slash con­sumer demand for fossil-fuels in coming years. 

A $500 million portfolio of retail homemaker centres is set to hit the market with properties up for grabs in Queensland and New South Wales.

Commercial property does well when jobs are created, from the need to house these extra workers (office) to the extra spending more jobs and greater incomes creates (retail).