Shopping Centre

Private equity and property giant Blackstone is poised to double its money on an investment in Sydney’s Top Ryde City Shopping Centre by putting the site on the block for $700 million, just over five years after taking over the asset.

Listed groups Charter Hall Retail REIT and Vicinity Centres has sold almost $100 million worth of smaller shopping centres as they switch focus to higher value ­assets.

A gigantic $US4 billion retail and entertainment complex won government approval after years of debate, greenlighting what promises to be the largest mall in North America, just a few kilometres from Florida’s environmentally sensitive Everglades.

A prime retail, dining and lifestyle hub on the Surfers Paradise waterfront is on the market.

The Maroondah Village shopping centre has smashed the Croydon North property price record it set just three years ago.

Brandon Park shopping centre has been snapped up for a huge sum after languishing on the commercial property market for nearly six months.

Investors have snapped up a lucrative Adelaide shopping centre for $10.5 million as buyers continue to favour retail opportunities.

Landlords are adding so many new eateries to shopping malls to draw customers away from online shopping platforms such as Amazon that they are creating competition for existing operators, a JLL report found. Tenant inquiry …

A wholesale fund run by Vicinity Centres has put two major shopping centres on the block for more than $280 million as it winds back its funds management ambitions and focuses on its balance sheet assets.