Westfield owner steps up retail war
Scentre’s dive to a loss comes after COVID-19 turned its malls into ghost towns, forcing a $4bn hit to property values.
Scentre’s dive to a loss comes after COVID-19 turned its malls into ghost towns, forcing a $4bn hit to property values.
The battle between shopping centre landlords and retailers is entering a new and potentially more dangerous phase.
A bounce-back in residential packages helped steady developer Stockland’s results after its commercial holdings were hit by a $500m drop in value.
Sydney real estate identity John McGrath says home prices are defying warnings of gloom, as his firm returns to the black.
People staying home have been spending up on new electrical items, white goods and homewares.
James Mawhinney says he’s brought on board local high net worth investors to restart the Dunk Island resort project.
The battle between shopping centre owners and hard-pressed tenants burst into ugly view this week.
Retail chief Paul Zahra is worried about rising tensions between mall landlords and tenants ahead of the crucial Christmas season.
Property industry warns on code as local Westfield empire owner demands rent and boards up stores.
Developer Mirvac is feeling pandemic profit pain but expects residential housing, and build-to-rent, to help power a rebound.
Original URL: https://www.theaustralian.com.au/author/ben-wilmot/page/200