Shopping Centre

Two Victorian shopping centres have hit the market and are tipped to fetch about $90m.

Unlisted GPT Wholesale Shopping Centre Fund is looking to sell Wollongong Central, together with the rights to manage the CBD centre, in a play that could reap about $500 million.

AMP Capital’s flagship property vehicle for retail investors has emerged as the buyer of a Brisbane property worth close to $250 million as it has also completed a deal worth more than $150 million in Sydney. 

Sydney-based Fort Street Real Estate Capital has snapped up the Toormina Gardens Shopping Centre in Coffs Harbour from the listed Vicinity Centres and Challenger in an $83.3 million deal.

Billionaire John Gandel and the listed Vicinity Centres have lost a legal battle with department store Myer over rental payments at Melbourne shopping landmark Chadstone.

The retail world is waiting with bated breath as Chinese online retail juggernaut Alibaba prepares to open its first physical shopping centre.

The future of shopping arrives today, with the opening of the first Amazon Go store in Seattle. Billed as the first retail outlet in the world with no checkouts or registers, the store uses new …

Australian shareholders in Westfield will ­receive a record cash payout of $7.36 billion when the shopping centre empire is taken over by Europe’s Unibail-Rodamco, new data shows.

Aventus has capped an impressive Christmas period for Australia’s retail property market, selling a shopping centre portfolio in regional Victoria and New South Wales. In a festive season rush, the group offloaded large format centre …