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Vicinity Centres sells half share in Broadmeadows Central

Inside Retail

Vicinity Centres has sold a 50 per cent stake in Broadmeadows Central shopping centre to Melbourne-based Nikos Property Group for $134.5 Vicinity would continue to provide centre management services and assist in the leasing of the shopping centre as well as any development activities.

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Half share of Sydney’s Carlingford Court sells for $120.5 million

Inside Retail

Hong Kong-based real estate investment firm JY Group has acquired a 50 per cent stake in Sydney’s Carlingford Court shopping centre for $120.5 Situated 18km from the city’s CBD, at a prime landmark location in Sydney’s northwest, the centre is close to Carlingford railway station. million appeared first on Inside Retail.

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Australians return to the malls despite a plunge in consumer confidence

Inside Retail

Australians are returning to shopping malls as Covid fears subside with Scentre Group reporting customer visitations up 12 per cent on 2021 levels during the first quarter. Excluding CBD-located centres, mall foot traffic is up by 16 per cent. “We Comparable sales of major retailers and specialty stores were up by 11.2

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Crate & Barrel to Open New Location at Twelve Oaks Mall in Suburban Detroit

Shopping Center

. — Crate & Barrel is set to open a new location at Twelve Oaks Mall in the Detroit suburb of Novi. Twelve Oaks Mall is home to 180 specialty stores and 30 restaurants.

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Revived MKT Square brings opportunities to Brisbane’s north

Inside Retail

Located in the rapidly growing Moreton Bay region, MKT Square’s stage two master-planned multi-million-dollar transformation is nearing completion, offering retail and hospitality operators far and wide the opportunity to be part of the growing market. MKT Square Deception Bay is now taking leasing enquiries.

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The Evolution of Retail Formats: Adapting to Environmental and Social Forces

Retail Focus

The journey of retail formats, as we know them, began with specialty stores, where retailers differentiated themselves through elevated service, expansive inventory, and deep local knowledge. This early phase prioritized a personalized shopping experience, setting the foundation for what was to come.

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Updated Dillard’s to Anchor Texas Mall

VMS

The new 220,000-square-foot flagship will take over the former Sears site at the mall, replacing the two locations Dillard’s currently occupies within the complex. South Plains Mall is a regional shopping, dining and entertainment center featuring a variety of specialty stores, including JCPenney, H&M, Pandora, PINK and Hollister.