Dan Murphy’s Mount Barker sold for $11.7 Million - Stonebridge
Dan Murphy’s Mount Barker, located at 52-60 Hutchinson Street, Mount Barker SA sold achieved a record low yield of 5.21%, brokered by Stonebridge Property Group Partner’s Michael Collins, Tom Moreland, Rorey James and Kevin Tong.
Logan Village shopping centre sold for $16.3million – CBRE
Fund manager Clarence Property has sold the Woolworths-anchored Logan Village Marketplace to a Sydney-based private investor for $16.3 million, brokered by CBRE’s Joe Tynan and Michael Hedger.
Greystanes Shopping Centre sold for $76 million – CBRE
Sydney’s Greystanes Shopping Centre sold to private retail investment group Revelop, brokered by CBRE’s National Director of Retail Investments James Douglas on behalf of Region Group.
Retail recharged: Australian shopping centres set to thrive in 2025
GPT releases its inaugural research title which emphasises Australian shopping centres are returning to investor’s value proposition, with limited supply of new retail space and tight market conditions underpinning the sector.
Retail lease or not? Equestrian centre dispute offers key lessons
A recent dispute involving an equestrian centre operating a business on leased land highlights the importance of assessing the primary use of premises and the nature of services provided when determining whether a lease is considered a lease of retail premises.
Snowy Mountains Centennial Plaza sold for $13.725 million - JLL
A prominent Coles-anchored neighbourhood shopping centre in the Snowy Mountains, Cooma’s Centennial Plaza sold by JLL’s Sebastian Fahey and David Mahood.
High-profile Sunshine Coast IGA shopping centre sold – JLL
The IGA-leased Maud Street Grocer in Maroochydore sold to a private investor for $7.2 million brokered by JLL’s Ned McKendry and Liam Cox of the JLL Retail Investments team on behalf of Westbridge Funds Management.
JLL data reveals positive shift in Australian retail landscape for 2024
JLL's research reveals a continued improvement in Australia's retail property market, with overall vacancy rates declining to 4.7% in December 2024, down from 5.5% a year earlier, says James Hayward, JLL Research Analyst.