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Retail

News Retail Victoria 

Prominent Eaton Mall building trades on tight yield

August 10, 2024August 12, 2024 Marc Pallisco

An investor dug deep – paying a price reflecting a 2.88 per cent yield – for a two level investment

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New South Wales News Retail 

Westbridge buys maiden NSW asset

August 9, 2024August 9, 2024 Marc Pallisco

Perth-based fund manager Westbridge has made its maiden New South Wales investment – a neighbourhood shopping centre at North Tamworth.

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New South Wales News Retail 

Byron Griffith profits from ex-Bunnings sell-down

August 9, 2024August 9, 2024 Marc Pallisco

Byron Griffith has turned around an impressive profit selling down a former Bunnings outlet south of Wollongong after a repurpose

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News Retail Victoria 

ASX-listed giant leases Ringwood superstore

August 7, 2024August 7, 2024 Marc Pallisco

A prominent Ringwood showroom for more than 20 years occupied by Baby Bunting has been leased to ASX-listed Viva Leisure

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News Retail Victoria 

Party supplies chain coming to ‘Melbourne’s second city’

August 5, 2024August 5, 2024 Marc Pallisco

Centuria has filled a showroom at a south east Melbourne homemaker centre acquired with its 2021 takeover of Primewest. Party

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News Office Retail Victoria 

Fortis snaps up another Melbourne site

August 5, 2024August 7, 2024 Marc Pallisco

KordaMentha has sold the second of two properties seized from Mark Oman’s Residence Company. The double storey warehouse converted office/showroom,

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News Retail South Australia 

SCentre, Barrenjoey buy another Adelaide mall stake

August 4, 2024August 5, 2024 Marc Pallisco

SCentre and Barrenjoey Private Capital have teamed again for a stake in an Adelaide shopping centre. The 50 per cent

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New South Wales News Retail 

Revelop secures another strata titled shopping centre

July 25, 2024July 25, 2024 Marc Pallisco

Revelop has swooped on a near new strata titled shopping centre after a significantly more valuable deal to Centuria managed

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New South Wales News Retail 

ISPT offloads Northern Beaches mall

July 25, 2024July 25, 2024 Marc Pallisco

ISPT has sold a Northern Beaches shopping centre for about $60 million – the price it paid nearly 10 years

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News Queensland Retail 

Flux flicks mall for record yield

July 25, 2024July 25, 2024 Marc Pallisco

Flux Property Group has sold the IGA-anchored Dockside Village, in Pelican Waters, which opened early this month. The off-market deal

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News Office Retail Victoria 

Daniel Besen, Pask swap permit-ready development site

July 23, 2024July 23, 2024 Marc Pallisco

After receiving approval to replace it with a five level family office (artist’s impression, top), businessman and developer Daniel Besen

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New South Wales News Retail 

Gretel Packer rescues historic theatre from redevelopment

July 23, 2024August 26, 2024 Marc Pallisco

Gretel Packer has bought an 85 year old Art Deco theatre once owned by George Miller and before that, Metro-Goldwyn-Mayer.

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New South Wales News Retail 

Revelop snares supermarket from Woolworths off-market

July 17, 2024August 21, 2024 Marc Pallisco

Woolworths’ development arm Fabcot has sold another recently completed supermarket-backed retail investment. The Kirrawee Shopping Centre, which it fought the

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News Retail Tasmania 

Record price paid for Tasmanian mall

July 16, 2024July 16, 2024 Marc Pallisco

The only neighbourhood shopping centre south of Hobart – Channel Court at Kingston – has sold for a state record

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News Retail Victoria 

Chemist Warehouse executives buy prominent Melbourne corner

July 12, 2024July 16, 2024 Marc Pallisco

Chemist Warehouse directors have swooped on what is arguably suburban Melbourne’s most prominent commercial corner – at this stage to

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News Retail Tasmania 

Elanor sells Hobart shopping centre

July 9, 2024July 9, 2024 Marc Pallisco

Elanor Investors Group has sold a north Hobart shopping centre for nearly five per cent less than book value. The

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News Retail Western Australia 

Pilbara Coles finds buyer

July 9, 2024July 10, 2024 Marc Pallisco

EXCLUSIVE A Pilbara region Coles – the only full line supermarket within a 275 kilometre radius – has traded between

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News Retail Victoria 

Hirsch family divest Ballarat supermarket

July 5, 2024July 5, 2024 Marc Pallisco

The Hirsch family has divested another regional asset, this time in Ballarat. The Woolworths at 1203-1205 Howitt Street, Wendouree, collected

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News Queensland Retail 

Woolworths sell near new Queensland mall

July 5, 2024July 6, 2024 Marc Pallisco

Woolworths’ development arm Fabcot has sold an 11 month old mall in the Caboolture West growth corridor, between Brisbane and

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News Retail Victoria 

Newmark sells out of South Yarra’s Jam Factory

July 3, 2024July 4, 2024 Marc Pallisco

Newmark Capital has quietly sold the balance of South Yarra’s Jam Factory to the co-owners, Qualitas and Gurner, which will

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News Retail Victoria 

Tenant snares Glen Eira shop from landlord

July 1, 2024July 1, 2024 Marc Pallisco

A tenant who three years ago leased one of the more central stores in the Koornang Road, Carnegie, retail strip,

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News Retail Victoria 

New bank chooses Collins Street for flagship

June 24, 2024June 26, 2024 Marc Pallisco

A 15 month old member-owned bank has leased a prime store in Melbourne’s financial district for its flagship state branch.

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News Queensland Retail 

Region sells lemonade factory turned mall

June 24, 2024June 24, 2024 Marc Pallisco

Region Group has sold West End’s Soda Factory shopping centre after 10 years and a renovation. The 5253 square metre

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News Retail South Australia 

SCentre usurps IP Generation for Adelaide mall stake

June 24, 2024July 6, 2024 Marc Pallisco

SCentre has teamed with Barrenjoey Capital Partners for a half stake in Adelaide’s Tea Tree Plaza and adjoining Tea Tree

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News Retail Victoria 

Hansen family list trophy Melbourne retail portfolio

June 19, 2024June 19, 2024 Marc Pallisco

The Hansen family is selling down the last pieces of a prominent building in Melbourne’s retail heart – ending a

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New South Wales News Retail 

MPG doubles down in Dubbo

June 15, 2024June 15, 2024 Marc Pallisco

MPG Funds Management has snapped up another piece of the Dubbo Homemaker Centre. The 850 square metre showroom at 4

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News Retail Victoria 

Developer buying historic Melbourne boot factory

June 14, 2024June 17, 2024 Marc Pallisco

One of the most under-utilised and arguably highest character properties in what has become Collingwood’s commercial epicentre is selling to

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News Retail Western Australia 

GIC offloads another shopping centre stake

June 13, 2024June 13, 2024 Marc Pallisco

Singapore sovereign wealth fund GIC is selling another half stake in an Australian shopping centre, this time in Perth. JY

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New South Wales News Retail 

Landmark Blacktown mall selling for $900m

June 13, 2024June 14, 2024 Marc Pallisco

Haben, founded in 2009 by father and son Harold and Ben Finger, is teaming with one of the world’s biggest

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News Retail Victoria 

High end restaurateur makes two more Melbourne property plays

June 12, 2024June 12, 2024 Marc Pallisco

Chris Lucas has made two more Melbourne CBD property plays. In the east end, the restaurateur is is paying about

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Industrial News Retail Victoria 

Brunetti leases building for first “cake consulting boutique”

June 11, 2024June 13, 2024 Marc Pallisco

EXCLUSIVE Banco Group has secured one of Melbourne’s highest profile cake and desert makers to a near new food focused

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Industrial News Retail Victoria 

Brunetti owner buys cafe, factory from landlord

June 11, 2024June 13, 2024 Marc Pallisco

EXCLUSIVE Brunetti Oro owner Yuri Angele has bought a sizeable inner north restaurant and commercial kitchen from his landlord of

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A.C.T. News Retail 

Region acquires maiden ACT mall

June 6, 2024June 6, 2024 Marc Pallisco

Region Group, formerly known as SCA Property Group, has quietly purchased its first Canberra shopping centre. The deal for Cooleman

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New South Wales News Retail 

Griffith Group exits Wollongong mall in the black

June 6, 2024August 9, 2024 Marc Pallisco

Griffith Group, which turns 10 this year, has sold Wollongong’s Bayview Centre after a three and a half year repositioning.

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News Retail South Australia 

HMC sells homemaker centre after four years

June 5, 2024June 6, 2024 Marc Pallisco

Accord Property, created nine years ago by developer and Harmony Group founder Joe Walker with valuer and ex-Aspen executive, Lachy

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News Retail Victoria 

McDonald’s returns to old ground for biggest Melbourne store

June 5, 2024June 5, 2024 Marc Pallisco

EXCLUSIVE After in 2017 being displaced from its spectacularly located 9-11 Swanston Street store – compulsorily acquired to construct the

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News Retail Western Australia 

Elanor, Vicinity divest Pilbara mall

June 4, 2024June 5, 2024 Marc Pallisco

A triple anchored shopping centre in Western Australia’s Pilbara has sold to Melbourne fund manager Fawkner Property for a touch

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News Retail Victoria 

Publican swoops on ex-train station first class lounge

June 3, 2024June 7, 2024 Marc Pallisco

EXCLUSIVE Publican and coffee house owner Julien Moussi has snapped up what could be his highest profile property – a

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News Retail Victoria 

Shop on Melbourne’s oldest roundabout sells

May 31, 2024June 3, 2024 Marc Pallisco

An entry level retail investment built on a prominent piece of Melbourne’s first traffic roundabout has traded for $561,000 reflecting

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News Retail Victoria 

Pitard sells new Melbourne gym

May 31, 2024May 31, 2024 Marc Pallisco

A strata titled gym – a 1148 square metre piece of Pitard Group’s recently completed Elsternwick Village Apartments building, in Melbourne’s

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News Retail Western Australia 

Woolworths secures growth corridor site

May 29, 2024May 30, 2024 Marc Pallisco

Cedar Woods is celebrating a “significant” value uplift selling a shopping centre development site at its best performing housing estate

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New South Wales News Retail Victoria 

Rodd & Gunn expands in Sydney, Melbourne

May 28, 2024June 3, 2024 Marc Pallisco

Rodd & Gunn has opened a Sydney flagship at the sandstone 14 Martin Place, originally known as the Colonial Life

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New South Wales News Retail 

Charter Hall, TelstraSuper sell another mall

May 24, 2024May 30, 2024 Marc Pallisco

A trust controlled equally by Charter Hall’s Retail REIT and TelstraSuper has divested another shopping centre, this time on the New

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News Office Retail Victoria 

‘Australia on Collins’ set for another rename following lease deals

May 21, 2024May 22, 2024 Marc Pallisco

The new owner of the troubled multi-level arcade for years known as Australia on Collins, UBS Asset Management Real Estate

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News Retail Western Australia 

Vicinity snares stake in landmark Perth mall

May 21, 2024May 21, 2024 Marc Pallisco

Vicinity Centres is believed to be in advanced negotiations for a half stake in Perth’s enormous Lakeside Joondalup Shopping Centre,

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New South Wales News Retail 

Chinese investor buys row of Sydney shops

May 16, 2024May 16, 2024 Marc Pallisco

A high net worth Chinese investor has snapped up a row of Haymarket shops offered separately. The $19.28 million outlay

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News Retail Western Australia 

Vicinity lists its smallest mall

May 16, 2024May 16, 2024 Marc Pallisco

Vicinity Centres is selling its smallest mall by value – in Perth’s exclusive Victoria Park, diagonally adjacent to the Burswood

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New South Wales News Retail 

Investors snap up NSW supermarkets

May 15, 2024May 15, 2024 Marc Pallisco

Two supermarkets in the heart of their respective New South Wales towns have traded to private investors. In the biggest

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New South Wales News Residential Retail 

Shop top project to expand Byron Bay’s retail centre

May 13, 2024May 15, 2024 Marc Pallisco

Byron Bay’s commercial heart will spread a little further south with developer Jason Dunn and ex-Seek director, Robert Watson, winning

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News Retail Western Australia 

Centuria picks up another Mandurah mall

May 7, 2024May 7, 2024 Marc Pallisco

Centuria has snapped up Halls Head Central – its third major shopping centre at Mandurah, 75 kilometres south of Perth.

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New South Wales News Retail 

Melbourne fund manager scoops up NSW mall

April 25, 2024April 25, 2024 Marc Pallisco

Stockland is selling Chris Lock’s IP Generation a regional New South Wales shopping centre it developed 28 years ago. Worth

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News Retail Victoria 

United Petroleum founders behind ex-Target store deal

April 24, 2024April 24, 2024 Marc Pallisco

A company once controlled by United Petroleum co-founders Eddie Hirsch and Avi Silver has sold Colac’s ex-Target store. Now a

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News Retail Victoria 

Sydney investor buys regional retail hub

April 24, 2024April 24, 2024 Marc Pallisco

Blackfox Property, for a trust now seeking investors, has bought the prominent Shepparton Retail Hub – where 95 per cent

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New South Wales News Retail 

Fund managers reap major windfall from Masters converted homemaker centre

April 24, 2024April 24, 2024 Marc Pallisco

Sydney fund managers Argus Property Partners with Kaipara Property Group, which also develops, have sold a Masters converted homemaker centre

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New South Wales News Retail 

Centuria divests two west Sydney malls

April 18, 2024April 19, 2024 Marc Pallisco

Centuria has sold two west Sydney neighbourhood shopping centres picked up when it took over Primewest – all up for

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News Retail Western Australia 

Banjo Bond doubles down in Perth CBD

April 18, 2024April 19, 2024 Marc Pallisco

Banjo Bond’s Cosgrove Group has snapped up adjoining CBD retail assets from JJ Leach, which developed them a decade ago

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News Retail Western Australia 

Vicinity sheds another Perth mall

April 16, 2024April 16, 2024 Marc Pallisco

Vicinity is selling another sub regional Perth shopping centre, this time in the north east. Maddington Central is speculated to be

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News Retail Victoria 

Billionaire fashion house owners buy ex-Church of Scientology HQ

April 12, 2024April 15, 2024 Marc Pallisco

The billionaire owners of fashion powerhouse Chanel have quietly bought the c1923 ex-Royal Bank of Australia building, in Melbourne’s exclusive

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News Retail Victoria 

Rich List family sell supermarket in 24 hours

April 12, 2024April 13, 2024 Marc Pallisco

A Smorgon family arm will bank just over $21 million from a Woolworths-backed mall held for over 50 years in

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News Retail Tasmania 

Region takes haircut on Tasmanian mall

April 12, 2024April 13, 2024 Marc Pallisco

Region Group has sold a Woolworths anchored shopping centre north of Launceston for $14 million – a slight drop on

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News Queensland Retail 

Victorian snares high yielding regional investment

April 11, 2024April 11, 2024 Marc Pallisco

A near-new homemaker centre 130 kilometres south west of Brisbane sold six months after hitting the market for a yield

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New South Wales News Queensland Retail 

Cupra makes it a dozen in Australia

April 11, 2024April 12, 2024 Marc Pallisco

Cupra has opened a second sales garage in Brisbane and committed to another, in south west Sydney, bringing the number

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News Retail Victoria 

Walker secures tenants access to world’s largest digital art gallery

April 5, 2024April 5, 2024 Marc Pallisco

Walker Corporation has secured tenants at its $3 billion Collins Square project access to The LUME – the world’s biggest

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News Retail Victoria 

Hill of Content freehold sold after auction

April 4, 2024April 11, 2024 Marc Pallisco

EXCLUSIVE It should be business as usual at the city’s oldest bookshop, the Hill of Content, which sold this week

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News Queensland Retail 

Charter Hall sells Queensland mall off-market

April 4, 2024April 4, 2024 Marc Pallisco

Charter Hall has sold Mackay’s recently refurbished Sydney Street Markets to Augustine Property, off market. The $43.5 million price falls

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News Retail South Australia 

IP Generation lines up another landmark mall

April 3, 2024April 4, 2024 Marc Pallisco

Melbourne fund manager IP Generation is believed to buying a half stake in Modbury’s Tea Tree Plaza – the largest

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Essential services News Retail Victoria 

Flagship healthcare fund sheds another asset

March 30, 2024April 2, 2024 Marc Pallisco

Australian Unity sold the biggest of two neighbouring investments offered this week opposite an Epworth hospital, in Melbourne’s inner east

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News Retail Victoria 

Occupier digs deep for prominent Moonee Valley corner

March 29, 2024March 30, 2024 Marc Pallisco

Operators of the popular café who for five years rented Essendon’s prominent ex-ES&S Bank bought it from the landlord Wednesday

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News Retail Victoria 

Council sells prominent car park for museum

March 27, 2024March 28, 2024 Marc Pallisco

A Melbourne council representing a community where over a sixth of the population is Vietnamese is selling a piece of

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News Retail Victoria 

Chris Lock snaring another Melbourne shopping centre

March 27, 2024March 28, 2024 Marc Pallisco

Chris Lock’s IP Generation is buying another under-utilised land rich retail asset, this time a discount factory outlet in the

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New South Wales News Retail 

Melbourne fund manager adds another Bunnings to book

March 25, 2024March 25, 2024 Marc Pallisco

The Sydney investor who three years ago paid $11 million for the then new Bunnings Young, setting a record low

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News Retail Victoria 

Region divests two Victorian shopping centres

March 25, 2024March 25, 2024 Marc Pallisco

Region Group, formerly known as Shopping Centres Australasia Property Group, or SCP, has divested two Victorian shopping centres for sub

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News Retail South Australia Victoria 

Woolworths buys, sells retail assets

March 25, 2024March 27, 2024 Marc Pallisco

Woolworths has quietly bought a Melbourne shopping centre it anchors for some 45 per cent more than the landlord was

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News Residential Retail Victoria 

Developer turns profit in central Box Hill

March 25, 2024March 26, 2024 Marc Pallisco

A developer who between 2021 and 2022 bought two standalone single storey retail investments in central Box Hill has flipped

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News Office Retail Victoria 

A-grade office tower full after ‘history repeats’ retail deal

March 18, 2024March 20, 2024 Marc Pallisco

GMHBA has leased the balance of a near new office it co-owns with Quintessential. The healthcare group will open a

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News Queensland Retail 

Investor snaps up central Indooroopilly pet store

March 18, 2024March 18, 2024 Marc Pallisco

A double fronted retail investment near the billion-dollar plus Indooroopilly Shopping Centre has traded for $4.85 million. Despite the relatively

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New South Wales News Retail 

Developer spends $6.3m for gateway Northern Rivers site

March 13, 2024March 18, 2024 Marc Pallisco

Melbourne developer Cadre, established by Chris and Nick Tyas, has snared a gateway Northern Rivers site with plans for a

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New South Wales News Office Retail 

Childcare boss snares Sydney arcade with development upside

March 10, 2024June 24, 2024 Marc Pallisco

Former Deutsche Bank and Macquarie Bank executive turned Oxanda Education founder, Adrian Fonseca, has snapped up the Roma Arcade in

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News Retail Victoria 

Max Beck, Lindsay Fox attract another car dealer to billion dollar precinct

March 9, 2024March 11, 2024 Marc Pallisco

Zagame Automotive is the latest dealership to commit to Essendon Fields, in Melbourne’s north west. For Audi and Cupra, the

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New South Wales News Retail 

Melbourne fund manager secures another regional mall

March 6, 2024March 6, 2024 Marc Pallisco

Melbourne fund manager Fawkner Property is continuing to boost its regional retail portfolio, this time with another asset from Stockland.

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