Retail

It’s not hard to spend an entire day perusing the aisles at a Bunnings Warehouse. And soon you’ll be able to spend the night there, too. That’s right. A new Bunnings store to be built …

The shopping centre industry has been rocked by the collapse of a series of retail chains and the poor start to the year, with consumer confidence hampered by bushfires and the new coronavirus.

Diversified property group Stockland has unveiled two new tenants for its recently completed KeyWest Distribution Centre.

Geelong’s Hamilton Group has bought the Dimmeys building in Lt Malop St.

Mirvac has outlined plans for a dramatic $1 billion revamp of the Harbourside Shopping Centre at Darling Harbour via the NSW government’s controversial unsolicited proposals scheme.

The historic Parkville post office and postmaster’s residence is seeking the stamp of approval of a cashed-up buyer.

German supermarket discounter Kaufland’s shock decision to abandon the Australian market – quitting before opening a single store, after devoting almost $500 million to the launch – is a positive for the grocery sector, with Coles and Metcash the biggest winners as they were viewed as most likely to lose market share to the foreign entrant.

Cheap finance, a strong leasing market, and global instability made Australian commercial property attractive for investors in 2019.

A five-star hotel has been slated for Geelong’s Ryrie St Markets after the city landmark had sold.