Retail

International retailers are expected to come calling after the shops beneath one of Australia’s oldest gentlemen’s clubs were put up for lease.

Vicinity Centres has added yet another Direct Factory Outlets shopping centre to its stable, paying $55 million for DFO Brisbane.

The sale of a freestanding retail building in the Brisbane CBD has set a new per square metre record.

A KFC outlet on Melbourne’s city fringe and an office leased to a Federal Liberal MP were side by side as more than $27 million worth of property sold at the latest Burgess Rawson investment portfolio auction.

Noosa’s star quality has proved a powerful carrot for investors, with the Noosa Junction Plaza neighbourhood shopping centre snapped up for $16 million.

AMP Capital is pursuing a bold retail strategy that could eventually see homes, office space and student accommodation included alongside new shopping centres. This article originally appeared on theaustralian.com.au/property.

Vicinity Centres has offloaded four shopping centres in Victoria and Queensland, including Forest Hill Chase and Toombul, to Blackstone and Mirvac for $841.4 million.

Large format retail is coming to Perth Airport, with Vicinity Centres to develop a Direct Factory Outlets complex on airport land.

Aventus Property Group has snared Australia’s biggest portfolio of large-format retail centres, snapping up a five-strong collection from the Blackstone Group for $219 million. This article originally appeared on theaustralian.com.au/property.