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Shopping Centre News

Wednesday September 19, 2018

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Westfield Says Demand for Stores is Strong
Business
Thursday April 6 2017

Westfield Says Demand for Stores is Strong

The owner of Westfield shopping centres in Australia and New Zealand says store space across its 39 properties is almost completely occupied.

Stockland not Worried about Failing Retailers
Strata
Thursday August 18 2016

Stockland not Worried about Failing Retailers

Shopping centre owner Stockland says there is plenty of demand from shop owners to replace the increasing number of retailers going into voluntary administration, most notably...

Jordan’s Newest Mall a Green Trailblazer
Commercial
Tuesday July 12 2016

Jordan’s Newest Mall a Green Trailblazer

In Jordan's newest retail and leisure hub, the typical high-end boutiques, cinemas and gourmet coffee shops are tucked into an intricate ecosystem of natural heating and...

Retailers Designing Space from the Outside In
Commercial
Thursday October 1 2015

Retailers Designing Space from the Outside In

From the ancient outdoor bazaar to strolling along a store lined Fifth Avenue, there has always been an outdoor component to shopping.

Auckland’s Westgate Mall Bought for $82.5m
Residential
Thursday September 3 2015

Auckland’s Westgate Mall Bought for $82.5m

Kiwi Property Group has paid $82.5 million for the Westgate retail centre in Auckland being developed by New Zealand Retail Property Group.

Bikini Berlin – Berlin’s New Concept Mall
Commercial
Friday June 19 2015

Bikini Berlin – Berlin’s New Concept Mall

What will global cities look like in the future? How can sustainability and economic development be balanced? How can public areas be integrated with office spaces...

Aging Retail Ripe for Renewal
Commercial
Wednesday April 15 2015

Aging Retail Ripe for Renewal

Across Australia, there are hundreds of small to medium size shopping centres that have relied on the fact that tough planning restrictions have prevented completion of...

CFMEU Official Allegedly Locks Non-union Workers Out
Commercial
Friday February 13 2015

CFMEU Official Allegedly Locks Non-union Workers Out

CFMEU official Scott Vink padlocked an onsite lunch shed, declaring that “sheds were won by unionists for unionists” and threw non-union workers’ food on the ground,...

Foreign Retailers Swamp Australian Shopping Centres
Strata
Tuesday October 21 2014

Foreign Retailers Swamp Australian Shopping Centres

Even as overall market conditions remain subdued, an influx of foreign retailers and fashion brands is driving a race to beef up space within the shopping...

Commercial
Jun 6 2018
Vicinity to Sell $1bn of Shopping Centres

Vicinity Centres will sell up to $1 billion of medium-sized and neighbourhood shopping centres to fund development of prestige projects.

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Commercial
13 Dec, 2017
Westfield Sold for $33b

Westfield Corporation has agreed to a $US24.7 billion ($A32.7 billion) takeover from a Paris property giant that will end the Lowy family's control of the shopping...

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Business
27 Aug, 2015
Westfield Earnings on track despite World Trade Centre Delay

Shopping centre operator Westfield will meet its full year guidance despite a delay in opening its World Trade Center flagship.

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Business
27 Aug, 2015
Scentre Sells Four Australian Shopping Centres

The operator of the Westfield brand in Australia, Scentre Group has sold four shopping centres in NSW and Queensland for more than $780 million.

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Business
5 Aug, 2015
Federation Centres Appoint ex Novion CEO

Shopping centres operator Federation Centres has appointed former Novion chief executive Angus McNaughton as CEO following the companies' merger.

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Business
22 May, 2015
DNZ to Continue Asset Sales

DNZ Property Fund has posted a 66 per cent gain in annual profit as it benefited from its property divestment plan, selling five properties and boosting...

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Business
22 May, 2015
$11b Shopping Centre Merger Gets Green Light

The competition watchdog will not oppose a merger of two major shopping centre owners, as long as one of them offloads a centre in south east...

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Business
5 May, 2015
Stockland Primed to Deliver Stronger-than-expected Results

A booming housing market and strong retail spending help deliver Stockland a rise in full year earnings.

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Business
14 Aug, 2014
GPT Earnings to Rise as Shoppers Spend

Property firm GPT Group has flagged a rise in earnings amid signs that consumers are becoming more willing to splash their cash.

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