Retail

Retail industry news, retail property market trends and insights.

Melbourne’s commercial property inspection ban stays for now
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Melbourne’s commercial property inspection ban stays for now
Commercial property inspections remain banned in Melbourne, despite the key restriction easing for residential listings on Monday.
Major retailer sets $8.7m aside to close 350 stores
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Major retailer sets $8.7m aside to close 350 stores
Solomon Lew has added some teeth to his years of threats of walking away from bricks-and-mortar stores unless rents are lowered to reflect the new realities of shopping behaviour, with his Premier Investments booking $8.7m in charges to prepare for the possible closure of 350 stores across Australia and New Zealand.
Melbourne CBD hit hard as leasing vacancies bite
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Melbourne CBD hit hard as leasing vacancies bite
Melbourne’s CBD is Australia’s most damaged commercial property market, with more shops listed for lease than anywhere else in the country during the pandemic.
Melbourne’s Louis Vuitton building set to hit market for $50m
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Melbourne’s Louis Vuitton building set to hit market for $50m
A glamorous Collins Street landmark housing Louis Vuitton’s flagship Melbourne store is poised to hit the market this week.
Four cool North Queensland properties on the market right now
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Four cool North Queensland properties on the market right now
There are homes and then there are fun houses – properties so cool they are in a league of their very own.
Top 5: Gold Coast Sizzler among Queensland’s most-viewed properties
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Top 5: Gold Coast Sizzler among Queensland’s most-viewed properties
Queensland might have a smorgasbord of commercial properties on the market, but it’s a Gold Coast Sizzler that has investors’ stomachs rumbling. A prime commercial site fronting the Gold Coast Highway at Mermaid Beach was …
Dan Murphy’s sells on record yield
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Dan Murphy’s sells on record yield
A Dan Murphy’s in Wangaratta has broken the yield record for a regional large format liquor store, as investors seek out safer retail assets. The liquor outlet in the country Victorian hub sold for $8.1 …
Victorian retailers fear new leasing laws amid lockdown
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Victorian retailers fear new leasing laws amid lockdown
Struggling Victorian shop owners have warned about the potentially harsh impact of new leasing laws proposed by the Andrews government at a time when Melbourne retail properties are suffering from strict lock downs.
Chinese developer plans Sydney office and hotel skyscraper
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Chinese developer plans Sydney office and hotel skyscraper
Chinese development company Greaton Group has proposed a major skyscraper in the Sydney CBD, despite rising political tensions between China and Australia casting a pall over the property sector. The wave of mainland Chinese developers …
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