Author - Harry Booth

The opening follows those in Kotara, Parramatta, Robine and Hurstville.

“Portfolios of this scale and geographic diversification rarely come to market.”

An expressions of interest campaign attracted bids from retail investment trusts, wholesale funds and syndicates.

“This will appeal to retail owners, developers and land bankers.”

The Chinatown location, spanning six floors and 11,845sqm, has introduced new experiences for customers.

The campaign will run from September 14 to October 11, and then from January 1 to 30.

"Investor sentiment is gradually shifting into positive territory for Melbourne, as retail supply nationally reduces."

Pialba Place attracted a strong level of competition throughout the campaign.

Scentre Group will continue to manage the shopping centre.

The Sydney shopping centre is adding more than 10,500sqm of retail space, making way for around 50 new stores.

“New Zealand's retail fundamentals are among the strongest we're tracking globally."

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"Northcote Central offers a proven retail centre with a large-scale site."

The development will include Melbourne’s first flagship Books Kinokuniya store.

Stonebridge expects competition for supermarket and neighbourhood retail investments to strengthen further.

“Palm Beach has evolved into one of the Gold Coast’s most exciting lifestyle destinations."

It plans to bring a "carefully curated mix of retail offerings" that "enhance the public realm".

The deal – Morgan Stanley’s first-of-its-kind in Australia – has been called a “significant evolution” for the sector.

Mecca first opened in Chadstone in 1999. Its new store will have more than double the floorspace.

City officials say the plan has been “40 years in the making”. Critics say there is no need for it.

Haynes said that the centre has already received commitments from Banjo’s, BP, KFC and Automasters.

"The sale reflected the continued demand for retail assets within wealthy metropolitan areas."

“The sale of Westfield Marion presented a rare opportunity to enter this sub-sector.”

“We’re focused on growing the economic activity that occurs at our Westfield destinations."

The 3800sqm space will create a store concept that some have likened to Ikea, with a dedicated home living space.

The site comprises more than 40,000 square metres of gross lettable area across three locations.

It follows Cartier's George Street flagship and its boutique at Sydney International Airport.

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Westfield shopping centres managed by Scentre Group – of which there are 42 across Australia and New Zealand – recorded...

“These are the kinds of projects that leave a lasting impact well beyond the centre environment.”

“This is a fantastic coup for Casuarina Square and the Territory."