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Leasing

Dutch pureplay VidaXL ramping up Australian operations

Dutch pureplay VidaXL ramping up Australian operations

Netherlands-based retailer VidaXL is ramping up its operations in Australia, committing to build an 81,000 sqm national distribution centre in Melbourne. The online-only business operates in the outdoor, ho...
Charter Hall spends $510 million on David Jones’ Elizabeth Street flagship
Ikea in talks to buy city-centre retail property in big European cities
David Jones enters Elizabeth Street sale negotiations with Charter Hall
Retailers cough up $183 million in rent for Scentre Group

Leasing Archives

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.

Scentre Group won’t budge on lease agreements

Property group firm on fixed rents moving forward.

Inside the battle between Westfield and retailers

Major retailers across the country have had their doors shut tight by a landlord that seems to have grown weary of talk.

Westfield locks out retailers over rent disputes

Over 150 Mosaic Brands and Strandbags stores have been shut in Westfield centres across the country.
Image of Bourke Street Mall

David Jones parent flags asset impairments across group

Trading conditions have continued to struggle for Woolworths Holdings.

Shopping Centre Council warns landlords can’t keep supporting rent

$1.6 billion in rent assistance has been handed out, but landlords can't afford much more.

Retailers can collectively negotiate leases until September 2021

ARA and NRA welcome decision by the competition watchdog.

Federal Court ruling casts doubt over rent relief

Businesses entering insolvency could be required to pay back all rents owed as a priority.
Internal Queen Victoria Building

ACCC rules retailers can collectively bargain for rent relief

ACCC grants NRA and ARA members the ability to share information for rent negotiations.
City Chic Fountain Gate store

City Chic to shutter 14 stores on rent negotiations

Ninety-two stores will remain open with reduced rents, City Chic says.

Retailers can collectively bargain for rent relief: ACCC

Authorisation should allow more retailers to receive support.
Closed sign due to COVID-19

Radio Rentals shutting stores permanently as COVID-19 takes its toll

Approximately 300 staff members are being made redundant.

Colette judgement opens door for more retail rent freezes

Decision could be ‘disastrous’ for landlords, and reflects the ‘extraordinary’ position retail finds itself in.

PM announces commercial rent relief, but leaves big business out

Proposed relief made up of one part rent waiver, one part rent deferral.

Watchdog allows shopping centres to implement rent relief

Decision allows shopping centres to defer, waive or reduce payments and interest.