Retail

A classic Collins Street building home to Louis Vuitton’s flagship city store has bagged a buyer after attracting mammoth international interest.

Commercial property developers and landlords are stepping up activity as confidence flows into the sector in the wake of advances on a coronavirus vaccine.

The chance to own and occupy a recently vacated Bunnings Warehouse has the Northern Territory’s commercial property abuzz, with the property among the most-viewed commercial listings nationally over the past week.

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.