Retail

Retail industry news, retail property market trends and insights.

Coronavirus impact on shopping centre properties revealed
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Coronavirus impact on shopping centre properties revealed
The pain in the retail sector has been put on stark display with Chadstone co-owner Vicinity Centres slashing the value of its entire portfolio by nearly $2bn as the coronavirus pandemic discourages shoppers from visiting shopping centres.
Supermarket cafe Queensland’s number one commercial property
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Supermarket cafe Queensland’s number one commercial property
Leasing opportunities at new shopping hubs continue to be a shining light in the hard-hit retail sector, with future cafe space outside a new Coles supermarket the latest to win over potential tenants.
How the rich invest: Retail still booming for Vitocco
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How the rich invest: Retail still booming for Vitocco
Arnold Vitocco received a big scare a week ago, when the Narellan Town Centre shopping centre he owns with billionaire Tony Perich and their respective families was named as one of Sydney’s COVID-19 “hot spots”.
Marysville icons hit the market
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Marysville icons hit the market
A Marysville hotelier who fought off the flames on Black Saturday with a hose and bucket is calling last drinks on his beloved country inn.
Shopping centre owners to cop huge rent drop: report
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Shopping centre owners to cop huge rent drop: report
Average retail rents at shopping centre properties owned by listed mall giants Scentre Group and Vicinity Centres will be clipped by 15 to 18% compared to pre-COVID levels as stores close, consumers continue to shift to online shopping and the “new normal” of social distancing measures takes hold, according to analysis from Morgan Stanley.
VIC Top 5: Discount chemist fills the script
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VIC Top 5: Discount chemist fills the script
A discount chemist in Melbourne’s south-east could provide real value for investors, with the property’s location and potential affordable price point already proving a hit. The Direct Chemist Outlet at 1146-1148 North Road in Oakleigh …
Sydney shopping centres sold in pandemic-defying deal
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Sydney shopping centres sold in pandemic-defying deal
Two Sydney shopping centres have been sold off in a pandemic double deal worth more than $91 million.
Shopping centre vacancies hit 20-year high
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Shopping centre vacancies hit 20-year high
Mall vacancies have hit a 20-year high as eased coronavirus restrictions and increased foot traffic fail to alleviate the pain felt by many retailers, latest figures from JLL show.
Top city retail fires despite lockdown hit
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Top city retail fires despite lockdown hit
The coronavirus has slugged major regional malls while listed property groups with an exposure to Victoria have also been hit in recent days as lockdowns return.
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