Shopping Centre

Shopping centre industry news, market trends and insights.

News
Chinese add $48m Arena centre to shopping list
Chinese investors are tightening their grip on Victoria’s shopping centre market, with the Arena Shopping Centre in Melbourne’s south-east the latest to land in their hands. A Shenzhen buyer paid $48 million for the Officer centre, …
News
500 apartments coming to The Glen shopping centre
Listed retail landlord Vicinity Centres has picked Jeff Xu’s Golden Age Group to develop more than 500 apartments above The Glen shopping centre in Melbourne’s southeast. This article originally appeared on theaustralian.com.au/property.
News
Retail landlords fear surge in competition
Shopping centre managers have expressed concern about rising competition, the threat of online retailing and higher fuel prices, but have been buoyed by interest from international retailers. This article originally appeared on theaustralian.com.au/property.
News
$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 …
News
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.
News
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 theaustralian.com.au/property.
News
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 theaustralian.com.au/property.
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.
News
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.
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