Retail

German hypermarket chain Kaufland is looking to sell off a slab of its property empire as it hastens its exit from Australia, with the company asking real estate agencies for advice on disposing of nine key sites along the eastern seaboard.

Costco is set to ramp up it’s Australian retail offering with the launch of online shopping and delivery.

Property fund managers are snapping up neighbourhood shopping centres that can be repositioned to boost their performance, with Stirling Property Funds targeting The Junction in Newcastle for about $46 million.

The pick up in momentum in the retail property sector in the latter half of 2019 points to a strong year ahead as investment funds continue to look for strategic opportunities, JLL’s Shopping Centre Investment Report says.

Shannon Bennett’s Richmond burger joint will make way for another tasty tenant in the heart of Swan St.

German supermarket giant Aldi giant has become the latest company to capitalise on the boom in logistics property deals and has tapped real estate firm JLL to offer a $700m portfolio of warehouses.

Kmart has stunned shoppers in Melbourne’s inner north with the announcement that it will shut its Northcote store after almost 40 years.

Property developers are building kitchens in empty mall space and parking lots to fill food-delivery orders, a new approach in the fast-growing business of shuttling meals to customers.

A Geelong retailer selling pop culture merchandise is moving to one of the city’s landmark retail addresses.