Retail property
They refused to sell as a whole Perth suburb was built around them. Until now
The six acre property in Hammond Park has been owned by the same family for nearly four decades.
- by Sarah Brookes
Latest
Strong win from supermarkets for elite sports doctor
High-profile sports doctor Peter Brukner has made a tidy profit, selling a Bellarine Peninsula supermarket to a first-time Chinese investor.
- by Nicole Lindsay
APH sell-down yields a deal in Hawthorn
The Chinese-backed investor and developer has properties with a total value of $200 million on the market, including its prized Forest Hill project.
- by Nicole Lindsay
Westfield centres ramp up security as shoppers return
The retail landlord says it has “materially” increased security and is refreshing its tenants to lure back shoppers battling the cost-of-living crisis.
- by Carolyn Cummins
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
Morry Schwartz makes Queen Street re-entry
Developer-publisher Morry Schwartz has made his move back into the property market, striking a $16 million bargain for a B-grade office building in Melbourne’s CBD.
- by Nicole Lindsay
Not just for cashed-up Boomers: Lure of luxury brands is bridging the generational divide
Luxury retailers are still riding high in Australia despite cost-of-living pressures, with upmarket handbags, jewellery and accessories in strong demand.
- by Carolyn Cummins
Safe bet? Investors take savage haircuts in commercial real estate
Selling buildings that seemed like a safe bet when purchased three years ago is hurting investors’ hip pockets.
- by Nicole Lindsay
Updated
Crime
Armed teenagers trigger Adelaide Westfield lockdown as shoppers flee
Police said two groups of teenagers, some armed with batons, battled in a food court at Westfield Marion, causing panic and triggering a lockdown.
- by Roy Ward and Sally Rawsthorne
Cuckoo buyer wanted for popular $4m Dandenongs restaurant
The tearoom has been selling smorgasbords and steins in the chalet-style restaurant with a strong Alpine theme for more than 65 years.
- by Nicole Lindsay
Rich-lister Patricia Ilhan and top restaurateur Chris Lucas hunt for CBD property bargains
When times get tough, cashed up investors with deep pockets start looking for distressed property.
- by Nicole Lindsay
Original URL: https://www.theage.com.au/topic/retail-property-hqe