Retail

Investors’ increased appetite for Bunnings investments during the coronavirus pandemic is expected to drive strong competition for an Adelaide warehouse that has hit the market for $45 million.

Property funds manager Haben and Asian outfit JY Group are again teaming up to buy a major retail asset with the pair securing Casey Central in Melbourne for $225 million.

It’s stood through a gold rush, two world wars and the rise of city skyscrapers — now this heritage CBD home is for sale for the first time in over a century.

Scentre Group, which controls the local Westfield empire, has flagged rent relief for tenants in Sydney centres hit by lockdown restrictions.

HomeCo Daily Needs REIT has signalled the market for larger shopping centres is reopening by snapping up Town Centre Victoria Point in Queensland for $160 million and undertaking a major placement.

A Melbourne family has paid $22.2 million for a newly-opened Bunnings warehouse in Queensland, buying it sight unseen amid strong investor demand for ‘pandemic-proof’ commercial properties.

From modest beginnings to status as a food tourism hotspot, Get Shucked has come a long way — and now it could be yours.

A popular inner west Coles is the first supermarket to come up for sale in Sydney in over two years, so it’s no surprise that it is set to land the owner a monster payday.

A Bunnings, fast food stores like KFC and childcare centres will feature in a $210 million commercial property auction as investors chase “pandemic-proof” essential services assets with long leases and big-name tenants.