Shopping Centre

Shopping centre industry news, market trends and insights.

Vicinity and GIC in year’s biggest deal with $1.1bn mall swap
It is shaping up as the year of the mega deal for top shopping centres, after mall landlord Vicinity Centres and Singapore’s sovereign wealth fund GIC agreed to swap assets worth a combined $1.1 billion.
Chester Square Shopping Centre sparks bidding war
The Chester Square Shopping Centre in Sydney’s southwest has been sold by a Smorgon family-linked company for $68.5 million on one of the tightest ever yields at which a neighbourhood shopping centre has traded.
Shopping centre landlords urged to spend big
Retail landlords may need to ramp up spending on their malls to ensure they can keep anchor tenants that are considering closing stores amid a struggling retail environment, according to Macquarie analysts.
Malls feel heat from department store closures
The declines in department store and discount department store sales could accelerate and hit major listed landlords Scentre Group and Vicinity Centres hard if this country follows the path of the United States, according to Macquarie Equities.
Buyers queue up for $1bn half-stake in Brisbane shopping centre
AMP Capital is looking to stamp its authority on Brisbane’s retail property market with the purchase of a $1 billion stake in the Indooroopilly Shopping Centre.
$6m for Pizza Hut, Subway, Burrito Bar and more
If investors are as hungry as the customers at this strip of shops in Townsville, there’ll be plenty of potential buyers ready to put it on their menu. The retail hub, which has eight shops …
Investors come hard for Queensland retail properties
West Australian-based syndicator Properties & Pathways has expanded its Queensland holdings by snapping up a large format retail centre in Townsville for $16 million as retail transactions in the state jump.
Coles to sell Torquay Village shopping centre
Grocery giant Coles will hope its “down, down” jingle works in reverse as it takes one its key Geelong assets to market this week.
Sydney’s Gordon Centre on block with $150m price tag
The listed Charter Hall Retail REIT has put the Gordon shopping centre in Sydney’s north on the block with the trust hoping to reap more than $150 million from the sale.
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