Retail

Retail industry news, retail property market trends and insights.

Iconic Adelaide furniture retailer Le Cornu to close
News
Iconic Adelaide furniture retailer Le Cornu to close
Iconic Adelaide furniture store Le Cornu will close its doors later this year, as the search continues for a buyer for its Keswick site.
Wait over for a Victorian Bunnings offering
News
Wait over for a Victorian Bunnings offering
The white-hot market for Bunnings Warehouse outlets will face another litmus test, with the first Bunnings store offered for sale in Victoria in more than six months.
Yield: what is it & what drives it in commercial real estate?
Investing
Yield: what is it & what drives it in commercial real estate?
For anyone considering investing in commercial real estate, one of the first questions you will want to ask is: what return on investment will I get from this property or, in other words, what is …
Bunnings sells on record yield at portfolio auction
News
Bunnings sells on record yield at portfolio auction
The sale of a Bunnings Warehouse in Perth and a Dan Murphy’s in suburban Melbourne – both on yields below 5% – capped two days of Burgess Rawson portfolio auctions in Melbourne and Sydney.
Who owns Australia’s shopping centres?
News
Who owns Australia’s shopping centres?
Shopping is a favourite Australian national pastime and shopping centres are a key factor in economic health. But who owns and manages them?
Scentre targets Westfield shops in $600m spree
News
Scentre targets Westfield shops in $600m spree
Scentre Group has splashed out $600 million to lift its stake in a $6.6 billion slab of four shopping centres, sparking renewed interest in the retail property heavyweight undertaking an equity raising. This article originally appeared on theaustralian.com.au/property.
US giant Spectrum Brands follows Costco to Moorabbin Airport
News
US giant Spectrum Brands follows Costco to Moorabbin Airport
US consumer goods company Spectrum Brands will park its Australasian headquarters and a distribution centre more than double the size of nearby Costco at the Moorabbin Airport business park precinct in Melbourne’s south.
Capital gains tax: what it means for commercial property
Investing
Capital gains tax: what it means for commercial property
Capital gains tax is an issue for anyone involved in the commercial property market. Whether you are buying a home for your start-up, expanding your business or selling an investment, CGT is something you will …
How to: Negotiate the best deal on a retail lease
Leasing
How to: Negotiate the best deal on a retail lease
As a retailer, your lease is one of the most important contracts you will ever enter into as a business. Rent can have a huge impact on your business profit and can literally make the …
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