Vicinity Centres
Australia’s cities no longer ghost towns as workers, travellers and students return
City retailers are popping the champagne corks as workers return to the office, international tourists and students fly in and shoppers come back for weekend visits.
- by Carolyn Cummins
Latest
Shopping centre owner counts cost-of-living crunch
The country’s second-largest retail landlord, Vicinity Centres, has had a decline in sales across its shopping malls as Australians cut back on discretionary spending.
- by Carolyn Cummins
‘No faith’: Mayor slams stalled $350m Morley Galleria redevelopment
Broken promises to revive the 36-year-old, “run-down, half-empty” Morley Galleria into the community hub it once was has angered locals, their mayor and their MP.
- by Claire Ottaviano
Exclusive
Retail property
Vicinity ‘left exposed’ to security threats after senior management shake-up
One of Australia’s largest mall owners significantly downgraded its security management at 57 major shopping centres around the country in the month before the deadly Westfield Bondi Junction attack.
- by Simon Johanson
Sponsored
Christmas
Five festive hotspots around Sydney you can’t miss
Australians might not have the typical picturesque image of celebrating Christmas with snow falling on chimney tops, chestnuts roasting on a fireplace and Santa Claus sipping hot cocoa, but when it comes to the Holiday season - we know how to throw a great party.
- by Michelle Tchea
Sponsored
Christmas
See Christmas come alive at Queen Victoria Building
Sydney’s beloved QVB is an iconic part of the city’s festive season – it’s the heart of Christmas every year. And the centrepiece of it all? The magnificently decorated tree soars up three floors.
- by Cameron Bayley
Opinion
Commercial real estate
Will big commercial property players ‘confront their demons’?
Is this market slump just another part of the regular cycle of buying and selling real estate, or has COVID permanently changed the landscape forever?
- by Stephen Miles
Sponsored
Christmas
Santa got it wrong this year? Give back to Australian Red Cross
Don’t suffer from Unwanted Gift Syndrome this year, The Galeries is here to help!
- by Cameron Bayley
Updated
World markets
Healthcare companies, wage data lift ASX after Wall Street gain
The Australian sharemarket climbed on the back of healthcare companies after a set of strong results from some of its biggest players and softer wage data.
- by Millie Muroi
Vicinity steps up asset sales to fund new developments
Retail landlord Vicinity Centres has stepped up its asset sale program with the divestment of a half share of the just-opened Broadmeadows Central mall in Melbourne to Nikos Property Group for $134.5 million, with the proceeds going to repay debt.
- by Carolyn Cummins
Vicinity sales rise as visitors return to the city
Retail landlord Vicinity Centres has reported a rise in sales and visitors across its malls, particularly in its hard-hit city portfolio, in defiance of the challenging economy.
- by Carolyn Cummins
Original URL: https://www.smh.com.au/topic/vcx-1ma