Shopping Centre

Shopping centre industry news, market trends and insights.

News
Mega sale: $1bn for half stake in Brisbane shopping centre
Leading shopping centre managers are tipped to bid for Commonwealth Superannuation Cor­p­oration’s half stake in Brisbane’s Indooroopilly Shopping Centre in a deal that could reap the fund up to $1 billion. This article originally appeared on theaustralian.com.au/property.
News
Amazon ‘facing headwinds’ in Australia: Charter Hall
Charter Hall’s listed shopping centre trust is backing its mall ­locations and lease structures with major tenants as a defence against the looming entry of Amazon, warning that the online commerce giant will face headwinds in Australia. This article originally appeared on theaustralian.com.au/property.
News
Chinese investors set sights on big box retail
Chinese investors are setting their sights on big box retail centres and larger retail properties, looking for defensive assets and income despite the focus on the looming entry of Amazon into Australia. This article originally appeared on theaustralian.com.au/property.
News
Coles duo set to net $60m
Coles will sell one of its supermarkets as well as a shopping centre it anchors in New South Wales, in a pair of property sales expected to be total $60 million. The Westmead Shopping Village in Sydney’s west, …
News
Record deal: $680m for quarter stake in Highpoint Shopping Centre
A property fund run by sector stalwart the GPT Group has made one of the most expensive shopping mall investments in Australia’s history, snapping up a 25% stake in Melbourne’s Highpoint Shopping Centre, in a $680 million purchase from the city’s wealthy Besen family. This article originally appeared on theaustralian.com.au/property.
News
Shopping centre appetite continues in Melbourne’s southeast
A shopping centre in Melbourne’s southeastern suburbs has sold for more than $30 million to a new entrant to the market. This article originally appeared on theaustralian.com.au/property.
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.
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