Retail

Investors are still in the market for offices and retail on both the sale and leasing markets, with both featuring heavily amongst Realcommercial’s most-viewed listings of the week. A Queensland office building seeking a quick …

A Melbourne shopping centre more than 12 months from completion was Realcommercial’s unlikely runaway top property last week, while industrial assets continue to gather steam as online shopping takes hold.

Shopping centre owners and tenants have been urged to quickly come to a fresh agreement that includes sharing the pain of losses suffered during the coronavirus crisis after federal cabinet rejected an initial scheme developed by retailers and landlords in a surprise move on Friday.

Prime Minister Scott Morrison and Treasurer Josh Frydenberg were getting the same message as me: an all out, no holds barred “dog-eat-dog” war had broken out between commercial tenants and landlords.

Restaurants in New South Wales will have greater ability to serve takeaway food to help them weather the impact of the coronavirus, under new rules from the NSW Government.

Westfield owner the Scentre Group has received a share market boost after announcing it has secured more bank facilities in a move that lifts its liquidity position to $3.1 billion over the next two years.

Retailer David Jones is moving closer to selling the site of its flagship menswear store in Melbourne’s famed Bourke Street shopping precinct, winning strong interest around the $120 million mark with Newmark Capital one of the groups in the ring.

Shopping centre owners and key national retailing bodies have reached a deal to negotiate behind closed doors about how they will confront the fallout from coronavirus, with unilateral walkouts by tenants threatening to tear up their leases taken off the table.

A warehouse vibe and hints of the Big Apple will be part of a recently approved Collingwood development.