Retail

A mixed retail and residential complex proposed for Harrington St in Hobart would set a dangerous precedent for the city, a former Hobart City Council architect says.

It will be fond a farewell for one of Dural’s most iconic businesses when the Hargraves Nursery site goes to auction early next month.

A Newtown service station site is expected to attract interest above $1.5 million when it goes to auction this month. The 2086sq m property at 404-408 Shannon Ave, Newtown, is a prime corner site occupied by a Caltex service …

A wholesale fund run by Vicinity Centres has put two major shopping centres on the block for more than $280 million as it winds back its funds management ambitions and focuses on its balance sheet assets.

Dual anchor tenants Woolworths and Dan Murphy’s are expected to create interest in Bellarine Village Shopping Centre, which has been listed for sale.

A 300-apartment ‘supersite’ has hit the market in Melbourne, worth an estimated $200 million.

A key commercial site between a new McDonald’s restaurant and a 7-Eleven fuel outlet at Armstrong Creek has hit the market.

French shopping centre giant Unibail-Rodamco’s $30 billion takeover bid for Westfield’s international shopping centre empire has received the green light from federal Treasurer Scott Morrison, as heavyweight offshore fund managers say a rival bid is unlikely to emerge for the Frank Lowy-led mall empire.

Australia’s commercial property market might be as hot as ever, but vendors and buyers often have wildly different expectations of property values, according to some agents. While buyers cherrypicked nine of the 11 properties on …