Shopping Centre

A retail complex on Brisbane’s outer fringe has sold for $78.35 million — on a low 5.19 per cent yield — in a record transaction for Queensland.

Food retailers are cementing their place as a key part of retail landlords’ strategies, while refurbishments have also been crucial to make shopping centres attractive to tenants and customers, JLL research has found.

AMP Capital’s unlisted Wholesale Property Fund has acquired a Gold Coast lifestyle shopping centre for $137.5 million in a move that will increase the fund’s retail weighting to almost 40%. This article originally appeared on theaustralian.com.au/property.

Leading shopping centre managers are tipped to bid for Commonwealth Superannuation Cor­p­oration’s half stake in Brisbane’s Indooroopilly Shopping Centre in a deal that could reap the fund up to $1 billion. This article originally appeared on theaustralian.com.au/property.

Charter Hall’s listed shopping centre trust is backing its mall ­locations and lease structures with major tenants as a defence against the looming entry of Amazon, warning that the online commerce giant will face headwinds in Australia. This article originally appeared on theaustralian.com.au/property.

Chinese investors are setting their sights on big box retail centres and larger retail properties, looking for defensive assets and income despite the focus on the looming entry of Amazon into Australia. This article originally appeared on theaustralian.com.au/property.

Coles will sell one of its supermarkets as well as a shopping centre it anchors in New South Wales, in a pair of property sales expected to be total $60 million. The Westmead Shopping Village in Sydney’s west, …

A property fund run by sector stalwart the GPT Group has made one of the most expensive shopping mall investments in Australia’s history, snapping up a 25% stake in Melbourne’s Highpoint Shopping Centre, in a $680 million purchase from the city’s wealthy Besen family. This article originally appeared on theaustralian.com.au/property.

A shopping centre in Melbourne’s southeastern suburbs has sold for more than $30 million to a new entrant to the market. This article originally appeared on theaustralian.com.au/property.