Shopping Centre

Shopping centre industry news, market trends and insights.

$400,000 for tiny 8sqm property
Size was no barrier for an investor who paid $401,500 for one of the smallest commercial properties ever to hit the market. The tiny kiosk at Northcote Plaza Shopping Centre, just north of Melbourne’s CBD, attracted strong bidding …
Aldi a part of major overhaul at The Glen
The Glen shopping centre in Melbourne’s south-east will be the latest Victorian mall to receive a major makeover, with Vicinity Centres announcing a $490 million overhaul that will include a new Aldi supermarket and a host of new fashion brands.
Bumper sales forecast for retail property
The volume of retail property sales is tipped to hit record levels this year, with a series of major portfolios on the block. This article originally appeared on
Shopping centres brace for Amazon assault
Amazon’s imminent arrival on the Australian shopping scene comes amid a drop in retail trade in December, with a high number of store closures and challenging conditions for tenants. This article originally appeared on
Inspiration & Style
What’s lighting our shopping centres?
Illuminating a shopping centre in 2017 is a far cry from the old days of screwing in some bulbs and going to town with a few thousand cheap and nasty fluorescent tubes.
Childcare takes off at Burgess Rawson auctions
Last year’s childcare boom appears to be gathering even more steam, with almost $20 million worth of childcare centres sold at the first Burgess Rawson investment auctions of 2017.
Big yield for NSW Big W centre
Demand for Australian retail assets continues unabated, with a Sydney investor paying $13.2 million to secure a Big W-anchored shopping centre at Cessnock in regional New South Wales.
How much for this tiny retail property?
A bite-sized property that might just be the smallest on the commercial market is already proving a hit with potential investors.
Aldi reveals huge SA and WA expansion plans
Discount supermarket chain Aldi will unleash a deluge of new stores across South Australia and Western Australia in 2017, as its immediate expansion plans were revealed.
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