Shopping Centre

Shopping centre industry news, market trends and insights.

News
Newcastle’s Marketown changes hands for $163m
AMP Capital has bought a shopping centre in Newcastle, north of Sydney, on behalf of Sunsuper for about $163 million. This article originally appeared on theaustralian.com.au/property.
News
Amazon ‘little danger to big malls’
The arrival of online shopping behemoth Amazon could hit some secondary shopping centres but the future of major malls in Australia remains bright, driven by the growing population, planning constraints and limited new supply, analysis by investment bank Moelis & Co. suggests.
News
‘Robots the biggest threat to shopping centres’
The founder of Australia’s biggest retail leasing database says there are plenty of dangers ahead for the shopping centre sector but they are not quite what you think. This article originally appeared on theaustralian.com.au/property.
News
Vicinity to sell down $600m shopping centre portfolio
A Vicinity Centres-run trust backed by the Future Fund and the Canada Pension Plan Investment Board will bring a $600 million portfolio of shopping centres to market as offshore groups jostle for position in the sector. This article originally appeared on theaustralian.com.au.property.
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Baker’s Delight cooks up major interest in Lara strip
A shopping strip in Lara has sold well over reserve to a local investor.
News
Toowoomba’s Highfields Village nets $41m
Listed property trust Charter Hall Retail REIT has bought a Toowoomba shopping centre in a $41 million transaction, with plans to expand the property. This article originally appeared on theaustralian.com.au/property.
News
Malls feel heat from Amazon arrival
Real estate groups heavily exposed to Amazon’s entry into Australia have been hit by investor fears that older shopping centres will be decimated by the online giant, but some players will suffer more than their more agile rivals. This article originally appeared on theaustralian.com.au/property.
News
Chinese group iProsperity snatches Century City Walk
Chinese-backed investment firm iProsperity Group has pushed further into the Australian market, swooping on a shopping centre in suburban Melbourne in a deal worth $45 million. This article originally appeared on theaustralian.com.au/property.
News
Tiny kiosks all the rage as 12sqm property hits market
Australia’s smallest commercial properties are enjoying a moment in the sun as investors chase cheaper entry points into the commercial market. A tiny 12sqm kiosk at Melbourne’s Northcote Plaza is the second kiosk to be …
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