Retail

The first Sydney freestanding supermarket for 2023 hits the market

Greenacre Village Shopping Centre has been listed for sale and is expected to gather significant interest from a range of private, institutional, and offshore investors as freestanding Coles and Woolworths anchored opportunities in Sydney remain scarce.

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GURNERâ„¢ acquires Prime South Yarra corner site, unveils plans for $800M mixed-use precinct – “The Next Saint Moritz”

Multi-billion-dollar developer GURNER™ has announced the acquisition of a major 4,651sqm site at 424 – 426 St Kilda Road, Melbourne, with plans to transform the commercial site into 160-180 residences to rival the design and service of Saint Moritz, with a total end value of circa $800 million.

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Coles anchored centre and development site offered for sale in Perth’s rapidly expanding north-east growth corridor

Whiteman Edge Village and an adjoining 1.4723ha town centre development site have been listed for sale, presenting the first opportunity to purchase a Coles anchored centre in the Perth metro area since 2019.

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Recession-proof essential service Retail Investment trades for $11.46m to a private investor

The Hub Westlake, a convenience-based retail shopping centre anchored by SPAR, 6 specialties and a Swim School has been transacted off market by Colliers Harry Dever, Associate Director of Colliers Retail Middle Markets, QLD who sold the Brisbane Metroplitan Neighbourhood Shopping Centre to a private investor, highlighting the ongoing demand for assets underwritten by non-discretionary retail.

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Prime strip retail assets attracting strong demand as 3 assets in Sydney’s eastern suburbs sell over the past 4 months

Prime strip retail assets in Sydney are attracting strong buyer interest in the current market, evidenced by strong sale results for three properties in the city’s eastern suburbs over the past four months by Knight Frank.

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Trophy Freestanding ALDI Headlines Stonebridge September Portfolio

Stonebridge’s September Portfolio comprises 12 premium investments across the Eastern Seaboard, with assets spread throughout the popular sectors of supermarkets, tyre & auto, freestanding retail and fuel & convenience, with leases in place to ASX listed and national tenant groups such as ALDI, Metcash, K-Mart, EG Group, 7-Eleven and Total Tools.

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