George’s Building to welcome Aesop flagship store Paris-end retail space
Melbourne CBD flagship store at the iconic George’s Building at the Paris end 126 Collins Street leased to Aesop In an off-market deal negotiated by Colliers’ CBD Retail Leasing Manager, Jennifer Tai, and Colliers’ Victorian Director of Retail Leasing, Adam Lester.
Buyers shift to pandemic proof investments as Woolworths Eltham sold for a sharp 3.3% yield by Stonebridge and Fitzroys
Woolworths Eltham sold for $35,000,000, which represented a sharp 3.3% yield. The freestanding supermarket sold by Stonebridge Property Group agents Justin Dowers and Kevin Tong, in conjunction with Fitzroys David Bourke, Chris James and Shawn Luo.
Leading private Australian property group Vinta offers the strongly performing Marketplace Gungahlin for sale in Canberra with price expectations of more than $400 million by CBRE Head of Retail Capital Markets Pacific Simon Rooney.
Frasers Property Australia Burwood Brickworks receives 6 Star Green Star certification
The world’s most sustainable shopping centre, Frasers Property Australia’s Burwood Brickworks, has formally achieved a 6 Star Green Star Design & As Built rating from the Green Building Council of Australia. Burwood Brickworks experience to deliver world-leading sustainable projects in...
Melbourne’s prime shopping strip market demand continues in 2022 says Fitzroys
Melbourne’s prime shopping strip market has passed its first auction test for 2022 with 566 Burke Road Camberwell sold under the hammer for $6.66 million by Fitzroys’ Chris James and David Bourke.
Half stake in Brisbane’s Grand Plaza Shopping Centre sold to EG Funds by CBRE
EG’s Australian Core Enhanced Fund has acquired a half stake in Brisbane’s Grand Plaza Shopping Centre. CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney, exclusively negotiated the transaction on behalf of US investment manager Invesco.
Stage 2 construction underway for Primewest Promenade in Ellenbrook for lease by Vend Property
With Promenade in Ellenbrook Stage 1 completed Vend Property have KFC & Taco Bell committed to Stage 2 which is now under construction with Hungry Jacks together with a national liquor store, showroom and fast food operator already committed for early 2023 occupancy and completion date.
Woolworths anchored neighbourhood shopping centre in Metropolitan Melbourne for sale by JLL & CBRE
Watervale Shopping Centre for sale by JLL’s Stuart Taylor, Tom Noonan and Sam Hatcher together with CBRE’s James Douglas on behalf of a Melbourne private investor, who is being advised by former estate agent Mark Wizel of Advise Transact.
Dan Murphy’s-anchored retail investment sold to HomeCo Daily Needs REIT for $21m by Colliers
A diversified retail investment anchored by Dan Murphy’s sold for $21.5million. HomeCo Daily Needs REIT has acquired the Armstrong Creek site from Wel.Co in an off-market sale negotiated by Colliers’ Tim McIntosh and Mike Crittenden.