Retail

Investors are filling up on service stations as fuel and retail convenience assets remain in hot demand during the coronavirus pandemic.

The fight for the future of French company Unibail-Rodamco-Westfield, which took over the international Westfield shopping centre empire in a $32bn deal almost three years ago, is coming to a head at a crucial vote this week.

Local Westfield owner the Scentre Group is reaping more rent from its malls as it recovers from the coronavirus crisis but is still in dispute with about 11% of its retailers over concessions they are seeking to cover the worst of the pandemic.

A Ballarat property poised to top $12m is expected to become one of the city’s priciest commercial real estate transactions to date.

If you’ve ever dreamt of owning and running your own ice skating rink, now’s your chance.

The dramatic switch towards online shopping prompted by the coronavirus pandemic is driving a sustained lift in the value of industrial property, as retailers take up more warehouse space to deliver goods to customers.

Industry superannuation-backed property funds manager ISPT has come through a tough period with its $19bn empire of commercial real estate intact after facing hefty redemption requests as the coronavirus pandemic broke out.

The major Australian retailer behind well-known fashion brands including Noni B, Katies and Rivers will close 250 stores amid ongoing rental disputes with landlords throughout the coronavirus pandemic.

Retail behemoth Amazon will open one of its signature new fulfilment centres in the western suburbs of Melbourne, committing to a Dexus logistics park, as it seeks to lock in gains it made during the pandemic.