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Vicinity Centres

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Chadstone

Three days inside the climate-controlled confines of Chadstone sent this reporter into a daze

It seems every Melburnian has a Chaddy story. The shopping mecca has drawn generations, who have worked, wandered, spent and even got married in the precinct.

  • Stephen Brook

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ABS figures showing retail spending in September was slower than expected, rising just 0.1 per cent during the month.

Australia’s shopping centres shake off cost-of-living gloom

While many of us still struggle in the cost-of-living crisis, the big shopping centre landlords are optimistic they’re on the cusp of a retail recovery.

  • Simon Johanson
Retailers are returning to prime CBD locations, according to leasing managers.

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.

  • Carolyn Cummins
Peter Huddle, CEO of Vicinity, at Chadstone.

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.

  • Carolyn Cummins
Morley Galleria

‘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.

  • Claire Ottaviano
Vicinity Centres owns the Chadstone shopping mall in Melbourne.

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.

  • Simon Johanson
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Environmentally friendly buildings in the best locations with excellent amenities will thrive.

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?

  • Stephen Miles
Wall Street has had a mixed start to the week.

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.

  • Millie Muroi
Vicinity has sold a 50% stake in Broadmeadows Central, Melbourne to Nikos Property Group for $134.5 million

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.

  • Carolyn Cummins
Vicinity Centres CEO Peter Huddle at the launch of the new entertainment and dining precinct at Chadstone, The Social Quarter. 

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.

  • Carolyn Cummins

Original URL: https://www.watoday.com.au/topic/vcx-1ma