Shopping Centre

A big sign that property markets are heading to a downturn is an increase in the number of listings.

Retail property investors are preparing for a wave of shopping centres to hit the market as landlords face a tougher environment with slower spending and traditional anchor department stores coming under pressure. While retail property …

A Chinese investor has bagged the Coles Aurora Village shopping centre in Epping for a whopping $44.5 million.

Out-of-control rents and reduced sales volumes are placing pressure on the profit margins of the nation’s listed retailers, with a growing number of businesses planning to close loss making stores in the face of the crippling headwinds, says a new survey from Macquarie Wealth Management.

A prime 22-year lease to Woolworths saw heated competition for a suburban shopping centre in Sydney’s north west.

Fort Street Real Estate has swooped on the Keilor Central Shopping Centre in Melbourne buying the major subregional centre for $113 million.

Private equity giant Blackstone has carved off another slice of its $3 billion portfolio of shopping centres with Singaporean group SPH REIT teaming with the asset management arm of investment bank Moelis to buy Figtree Grove Shopping Centre in Wollongong for $206 million.

A sale worth $74 million has been rung up for a northern suburbs shopping centre.

QIC Global Real Estate and joint venture partners MAB Corporation and Gibson Property Corporation will start work in the new year on the $40 million first stage of their Merrifield City Centre in Melbourne’s northern growth corridor.