Shopping Centre

Size was no barrier for an investor who paid $401,500 for one of the smallest commercial properties ever to hit the market. The tiny kiosk at Northcote Plaza Shopping Centre, just north of Melbourne’s CBD, attracted strong bidding …

The Glen shopping centre in Melbourne’s south-east will be the latest Victorian mall to receive a major makeover, with Vicinity Centres announcing a $490 million overhaul that will include a new Aldi supermarket and a host of new fashion brands.

The volume of retail property sales is tipped to hit record levels this year, with a series of major portfolios on the block. This article originally appeared on theaustralian.com.au/property.

Amazon’s imminent arrival on the Australian shopping scene comes amid a drop in retail trade in December, with a high number of store closures and challenging conditions for tenants. This article originally appeared on theaustralian.com.au/property.

Illuminating a shopping centre in 2017 is a far cry from the old days of screwing in some bulbs and going to town with a few thousand cheap and nasty fluorescent tubes.

Last year’s childcare boom appears to be gathering even more steam, with almost $20 million worth of childcare centres sold at the first Burgess Rawson investment auctions of 2017.

Demand for Australian retail assets continues unabated, with a Sydney investor paying $13.2 million to secure a Big W-anchored shopping centre at Cessnock in regional New South Wales.

A bite-sized property that might just be the smallest on the commercial market is already proving a hit with potential investors.

Discount supermarket chain Aldi will unleash a deluge of new stores across South Australia and Western Australia in 2017, as its immediate expansion plans were revealed.