Retail

Retail industry news, retail property market trends and insights.

Top 5: Chippendale white hot amongst NSW properties
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Top 5: Chippendale white hot amongst NSW properties
Chippendale was the place to be in New South Wales’ commercial property market over the past week, with the top two NSW properties on Realcommercial both within the borders of the popular inner-city suburb. While …
Retail holds up as new shopping centre becomes QLD’s top property
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Retail holds up as new shopping centre becomes QLD’s top property
A soon-to-be-completed shopping centre was Queensland’s number one commercial property of the week, but it was industrial and warehouses that continued their rise in the sunshine state. Industrial properties occupied three of the top five positions on …
Australian retail readies for coronavirus comeback
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Australian retail readies for coronavirus comeback
Australia’s $325 billion retail sector is hoping to return to work from as early as next week, but only if it’s safe to do so, says Paul Zahra, chief executive of the Australian Retailers Association.
Scentre, Vicinity consider $4bn shopping centre selloff
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Scentre, Vicinity consider $4bn shopping centre selloff
Billions of dollars worth of property could be sold off by major mall owners Scentre, which runs the local Westfield empire, and rival Vicinity Centres, as they battle a permanent fall off in values, Citi has warned.
Most-viewed listings: Industrial soars amid major lift in commercial property interest
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Most-viewed listings: Industrial soars amid major lift in commercial property interest
Clear trends are emerging in the commercial property market as the coronavirus pandemic takes the commercial property market into uncharted waters.
Australian retail sales post biggest surge in history
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Australian retail sales post biggest surge in history
Panic-buying of groceries and ­household products such as toilet paper, pasta, flour and handwash amid an escalating fear of the COVID-19 pandemic drove the biggest ever monthly jump in retail spending, ABS data has revealed.
Best & Less sells Leichhardt HQ for 644% windfall
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Best & Less sells Leichhardt HQ for 644% windfall
One of Australia’s largest clothing retailers has offloaded its national headquarters in Sydney for $4 million above expectations.
Hamlyn Heights IGA supermarket to be reborn after fire
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Hamlyn Heights IGA supermarket to be reborn after fire
The owners of a Hamlyn Heights supermarket burnt down in a deliberately-lit fire will rebuild their store in its entirety after a recent property deal.
Westfield announces drive-through shopping pick-up
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Westfield announces drive-through shopping pick-up
One of the country’s biggest shopping centre owners, Scentre Group, has unveiled a new contactless drive-through service for its Westfield mall retail tenants at as it strives to keep shoppers coming back amid the pandemic that has turned many malls into ghost towns.
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