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Shopping Centre
Shopping centre industry news, market trends and insights.
News
Vicinity sells Perth’s Flinders Square shopping centre
News
Two more Geelong shopping centres hit the market
Corio Central is set to become the region’s most expensive shopping centre to sell in a year when almost $200 million worth of assets has already changed hands.
News
Emporium Melbourne drives $147m Vicinity lift
Retail landlord Vicinity Centres has unveiled a $147 million lift in the value of its shopping centre portfolio, with its largest assets, including Emporium Melbourne, leading the way.
News
Australia’s first Kmart to sell as part of $200m Burwood One offering
Burwood One shopping centre could fetch up to $200 million when its family owners hand over the keys for the first time in 26 years.
News
Scentre spend $720m on half-stake of Westfield Eastgardens
The heavyweight Scentre Group has swooped on a half-stake in Westfield Eastgardens, buying it from the private Terrace Tower Group for $720 million in a deal that defies predictions of a slump in shopping centre values.
News
The little North Ryde arcade keeping developers at bay
Tucked in between shops of a slightly older vintage, Adwill Place is worthy of the title of a North Ryde landmark.
News
Goldfields Plaza a $27.5m nugget for Lascorp
A Queensland country shopping centre is set for a major facelift after being snapped up by a leading retail developer, for a cool $27.5 million.
News
DJ’s Elizabeth St store to have entire floor of shoes
David Jones chief executive David Thomas admits retail can be a brutal game but he is banking on cashed-up locals backing his grand plans for the chain’s $200 million redevelopment of its flagship Elizabeth St …
News
Chinese investors snatch Mornington shopping centre
Mornington Village shopping centre has been snapped up for just shy of $40 million.
News
$117m: Leopold’s Gateway Plaza joins Geelong retail raid
Retail investors have spent nearly $200 million buying up major shopping centres in the Geelong region in the past five months as the region rides a residential development boom.
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