Morningside Central in Brisbane announces major redevelopment
The investment will transform Morningside Central into a “modern, accessible and flood-resilient” neighbourhood centre.
The investment will transform Morningside Central into a “modern, accessible and flood-resilient” neighbourhood centre.
The acquisition elevates Fawkner’s total retail purchases to $3.5 billion since 2021.
The project is designed to deliver a landmark metro station and two over-station developments that integrate offices and retail in...
Scentre Group will continue to own 80.1 per cent of the centre and will remain the property, leasing and development...
The gain has been driven by strong net operating income growth, accretive tenant led developments and capitalisation rate tightening.
Key improvements include repositioning a previously obscured food court to reconnect seamlessly with the fresh food precinct.
Lendlease currently owns half-stakes in the three malls.
QIC director of real estate funds management Declan Walsh said the sale marked a pleasing outcome in realising value for...
The mall is anchored by a Romeo’s Foodland on a long-term lease until 2033, alongside 32 specialty shops and kiosks.
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Mirvac has agreed to sell the former Toombul shopping centre site in Brisbane to Irvine Property Group for an undisclosed...
Costco Wholesale is set to open its second New Zealand store in Drury after striking a deal with Kiwi Property....
Australia’s CBD retail market has seen a resurgence with sharp increases in foot traffic and turnover, Colliers’ latest CBD Retail...
New South Wales’ Erina Fair shopping centre is set to be sold for $900 million after its owner Lendlease secured...
The Shopping Centre Council of Australia (SCCA) has expressed support for the proposed changes to Victoria’s congestion levy, saying that...
Australians are tipped to spend up to $500 million on Halloween festivities this year, a significant increase from last year,...
More than 100 businesses based in five shopping centres will gain the tools and know-how to reduce waste, recover resources,...
The centre will be anchored by a new discount department store, a range of additional specialty retailers, and expanded food...
The centre has a gross lettable area of 9400sqm and is anchored by a full-line Woolworths supermarket.
Retail is one of the strongest performing sectors in the commercial property market, led by NSW.
Coles-anchored neighbourhood shopping centre Waterford Plaza in South East Queensland has been put up for sale. According to CBRE, the...
Sydney-based JY Group has acquired a 50 per cent stake in Bankstown Central for $318.6 million. The deal lifts the...
Imperial Centre Gosford has been sold to a private Sydney investor for $62.75 million, marking the largest transaction of a...
Stronger laws planned by the Queensland Government to more effectively crack down on illicit tobacco and vape products have been...
Oreana has commenced construction of its fifth neighbourhood shopping centre, Beveridge Village, a $23 million property with a 1400sqm net...
Queensland’s Paradise Centre mall, one of the flagship shopping and tourism destinations in the Gold Coast, has been listed for...
Scentre Group has reported an increase in funds from operations (FFO) amid higher visitations to its malls during the fiscal...
Vicinity Centres has reported a significant increase in profit amid higher funds from operations (FFO) for the last fiscal year....
HomeCo Daily Needs Reit has reported an uplift in funds from operations (FFO) for the last fiscal year as its...