Retail

5+ hour, 20+ min ago   (271+ words) With the festive quarter just a month away, the moderation in residential sales, especially the wide mismatch between the luxury and the affordable mid segment with regard to sales and new launches in NCR, has raised a pertinent question – can…...

5+ hour, 13+ min ago   (340+ words) Kalkine Australia’s retail property market includes a range of Assets with different levels of exposure to consumer spending cycles BWP Trust (ASX:BWP), HomeCo Daily Needs REIT (ASX:HDN) and Region Group (ASX:RGN) focus on segments where tenants…...

6+ hour, 5+ min ago   (402+ words) While all three businesses depend on retail activity, their exposure differs. Large destination centres are more closely linked to discretionary spending and experiences, while convenience-focused centres tend to benefit from recurring essential shopping activity. Scentre Group (ASX:SCG) owns and…...

5+ hour, 58+ min ago   (189+ words) DTZ Investors has completed the refurbishment and extension of two industrial warehouses in Crawley, providing a combined 51,019ft² of Grade A space. Perimeter One comprises 34,329ft², while Perimeter Two totals 16,690ft² following an extension. Both units include warehouse and office space, with secure…...

15+ hour, 34+ min ago   (195+ words) Commercial and residential property news Berwick Marketplace on 6528 square metres at 6-8 Lyall Road, on the north-east corner of Wilson Street, also exposed to Peel St, in the town’s centre, cost $26.115 million. The vendor, a Melbourne-based private investor, acquired the asset…...

7+ hour, 56+ min ago   (292+ words) Fourways Mall co-owner Accelerate Property Fund has sold Cedar Square Shopping Centre for R630m. The company said on Tuesday the sale of the property in Fourways, north of Johannesburg, forms part of its strategic repositioning and restructuring programme. The property, which…...

8+ hour, 16+ min ago   (312+ words) Barratt Redrow has shaved ts housebuilding targets and cut back on spending to tackle a “challenging” outlook for sales. The FTSE 250 housebuilder said building costs continue to put pressure on the business and housing demand is lower. Group chair, Caroline…...

13+ hour, 16+ min ago   (472+ words) Australian property veteran and developer Max Beck has led a group of prominent private investors and family offices backing Wizel Invest’s $26.115 million acquisition of Berwick Marketplace Shopping Centre. The acquisition represents the first major publicly participated investment undertaken by Wizel…...

13+ hour, 52+ min ago   (406+ words) Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations…...

18+ hour, 33+ min ago   (333+ words) An unidentified industrial developer appears to be exploring a West Jacksonville project, which would join the city’s largest inventory of warehousing. City utility JEA issued a service availability determination letter Sept. 10 for landowner N.G. Wade Investment Co. Inc. for 20.95 undeveloped…...