Melbourne retail vacancy rate plummets as F&B sector eats up space
Melbourne’s shopping strips have made a staggering recovery as vacancy rates drop below pre-Covid levels, according to new research. Real estate agency Fitzroys’ latest Walk the Strip report says the reinvi...
Eatertainment concept to anchor Aurora Melbourne Central
Called Paddle Battle, the new 'eatertainment' venue will take up a 1680sqm retail area on the lower ground floor of the ...
Aesop leases space in Melbourne’s ‘Paris’ precinct for flagship
Australian luxury skincare brand Aesop is set to open a new flagship store in Melbourne's CBD in the George’s Building.
Retail leasing in 2022: Seismic shift or same-same?
Beyond rent and incentives, this year the Franklin Shanks team is seeing significant traction in refurbishment terms, br...
Myer Melbourne attracts biggest CBD sale in 13 years
The store has a weighted average lease expiry of 10.5 years, and is 100 per cent leased to Myer.
Pop up code of practice extended through the next decade
Australian Consumer and Competition Commission approves the extension of the code of coduct for another 10 years.
What we know so far about lawsuits over unpaid rent during Covid-19
Court rulings have tended to favour landlords so far, but retail tenants could get the last laugh.
Solomon Lew called to court over $3.5m in unpaid rent
Premier Investments was among the key retailers that, during the initial stages of the pandemic when retail was shuttere...
Real Estate Institute of NSW calls for retail leases to be standardised
The move could, in theory, avoid costly negotiation processes, and allow businesses to get up and running sooner.
The core of quality property management – tenant retention and sustainability
"The shopping centre is effectively a retail outlet, Whereas a fashion shop sells clothing, a shopping centre’s essentia...
Construction underway at Melbourne’s most iconic market
Lord Mayor Sally Capp said the construction of the hospitality and retail stores at the Munro development is due to be c...
Woolies injects $184m into Queensland supply chain with new DC
The centre, which will service more than 260 Queensland and northern New South Wales stores with chilled and frozen good...
How one property management firm kept tenants afloat during the pandemic
While many businesses struggled through the pandemic, Comac Retail Property Group supported its tenants through thick an...
Dutch pureplay VidaXL ramping up Australian operations
Netherlands-based retailer VidaXL committed to a custom-built 81,000 sqm national distribution centre in Melbourne.
Charter Hall spends $510 million on David Jones’ Elizabeth Street flagship
The deal provides David Jones a 20-year lease to operate in the property.
Ikea in talks to buy city-centre retail property in big European cities
Ingka Group's investment arm is pushing into real estate.