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Leasing

Leasing Archives

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 and Mark McInnes

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.
shopping centre retail

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.
Photo of Ikea

Ikea in talks to buy city-centre retail property in big European cities

Ingka Group's investment arm is pushing into real estate.

David Jones enters Elizabeth Street sale negotiations with Charter Hall

The property firm will have a period of exclusive negotiations to pick up the recently renovated flagship.
Woman browsing clothes store

Retailers cough up $183 million in rent for Scentre Group

After a major dip in rent payments during the months of April and May, the shopping centre company has benefited from th...

Scentre Group targets Premier Retail for next wave of shutdowns

Move comes after Scentre Group boss Peter Allen doubled down on fixed rents moving forward.