NewsBite

Shopping Centres Australasia Property

Advertisement
Retail theft in NSW has increased by 12.6 per cent according to the latest crime data.

Co-ordinated shoplifters target vulnerable retailers

Groups of thieves are using encrypted messaging to scope out stores, and then create distractions to occupy staff as they strip shelves, Crime Stoppers NSW says.

  • Amber Schultz

Latest

Investor appetite for neighbourhood malls has surged.

Malls think green after acting as community hubs in disasters

Floods in NSW and fires in Victoria proved to mall landlords the properties need to be climate-proof and help the community when disasters hit.

  • Carolyn Cummins
Vicinity is building a new office tower at its Chadstone shopping centre in Melbourne.

Ballrooms, big bands and apartments all feature in post pandemic malls

Ballroom dancing, big bands and yoga are ways of using unoccupied retail space as landlords morph traditional shopping centres away from the big box at each end of a walkway into living and breathing malls.

  • Carolyn Cummins
Clouding the picture for REITs is the prospect of imminent interest rate rises, inflationary pressures, a federal election and pay rise pressures.

Rate rises and inflation cloud REIT horizon

Australia’s real estate trusts are weathering the pandemic’s retail upheaval and work-from-home storm, but interest rate rises and inflation are clouding their earning’s horizon.

  • Simon Johanson
Anthony Mellowes, CEO of mall landlord SCA Property Group.

‘Clumsy’: Landlords lash out at tenant relief ‘red tape’

Efforts to protect commercial tenants from rent-seeking landlords are “clumsy,” says a shopping centre landlord who has only just one tenant out of 2000 hand back keys to their shop.

  • Simon Johanson
Supermarket sales at SCA’s centres rose 3.2 per cent.

Locked-down shoppers boost retail landlords’ profits

The lockdown-inspired ‘shop local’ mantra is proving invaluable for convenience focused retail landlords, boosting their earnings as sales soar across all categories.

  • Simon Johanson
Advertisement
There has been a workplace accident at the development of Karrinyup Shopping Centre.

Worker, 18, stable in hospital after Karrinyup Shopping Centre development fall

Emergency services are concerned an 18-year-old worker who fell at a construction site in Perth may have suffered spinal injuries.

  • Peter de Kruijff
SCA Property Group's North Orange shopping centre. Supplied

SCA Property boosted by increased rent collection from tenants

The shopping centre landlord warns that the impact of lockdowns and government policies arising from the pandemic will be felt for some time.

  • Carolyn Cummins
SCA controls a portfolio of 85 Woolworths and Coles anchored neighbourhood shopping centres.

SCA Property Group warns tenants it will 'vigorously' chase rents

Panic buying, shopping locally and a big shift towards eating at home helped SCA Property Group shelter from the COVID storm.

  • Simon Johanson
Cuts to distributions and dividends across the market are going to be widespread.

Companies to slash distributions amid coronavirus carnage

Investors flocking to the higher yields and perceived safety of listed property trusts face a month of anguish.

  • Tim Boreham

Original URL: https://www.brisbanetimes.com.au/topic/scp-1eb