Shopping Centre

Property giant GPT Group has put a half stake in one of Australia’s best shopping centres on the market in a $450m play.

A portfolio of neighbourhood shopping centres anchored by Coles, Woolworth and Aldi stores across Brisbane, Gold Coast, Ipswich and Toowoomba that briefly hit the market during Covid have gone up for sale again.

Blackstone has agreed to sell its last Australian shopping centre for more than $350m, marking the end of a decade-long investment strategy.

An Aldi supermarket in West Melbourne has hit the market with $15 million-plus expectations as supermarkets emerge as hot property investments.

Construction has started on northwest Tasmania’s new $60 million shopping centre, due for completion in mid-2027, which will feature a huge new Woolworths as its anchor tenant, along with a Chemist Warehouse. Called Stony Rise …

One of Melbourne’s fastest growing suburbs is at the centre of a $70m retail play as 6000 new homes are planned nearby.

A Top End shopping centre with a high-performing Coles has hit the market, with the supermarket just 1 per cent away from triggering a major income boost for its next owner.

Aussie shoppers have ridiculed new security measures being tested in select Woolworths supermarkets after the technology seemed to target children and disabled customers.

A Woolworths-anchored retail project pitched a decade ago could break ground this year.