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Private investor snaps up Adelaide’s Kurralta Village for $75 million

Inside Retail

Located in Kurralta Park, about 4km west of the Adelaide CBD, the mall boasts 10,669sqm of gross lettable area and a 100 per cent occupancy rate. It is anchored by Coles and Kmart alongside 12 specialty stores, with an annual net passing income of around $3.5

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Three malls with great CX: American Dream, Battersea Power Station, Chadstone

Inside Retail

Battersea Power Station Located in London, UK, Battersea Power Station has transformed a 170,000sqm development in the heart of central London into a community of homes, shops, bars, restaurants, cafes, offices and over 19 acres of public space. The centre is located 17 kilometres southeast of the Melbourne CBD.

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

Inside Retail

The centre occupies a 33,298sqm site, and is anchored by Coles, Woolworths and Target, along with 65 specialty stores including Bing Lee, Fitness First and The Reject Shop, cafes, restaurants and takeaway outlets. It draws 5.3 million visitors a year yielding a moving annual turnover of $188 million.

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Perth Airport is seeking retailers for prime T3/T4 sites amid refresh

Inside Retail

Waiting passengers translate into browsing customers, creating significantly more opportunities for engagement and sales compared to traditional high street locations. This consistent, high-volume foot traffic, coupled with passenger dwell, is a unique feature of airport retail.

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Saks Fifth Avenue teams with Reliance Retail to enter India amid luxury boom

Inside Retail

Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week.

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Vicinity Centres sells half share in Broadmeadows Central

Inside Retail

The shopping centre is located 19 km north-west of Melbourne CBD and is anchored by Kmart and has three supermarkets – Aldi, Coles and Woolworths – along with Hoyts Cinemas and more than 115 specialty stores.

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Australians return to the malls despite a plunge in consumer confidence

Inside Retail

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 We are seeing week-on-week improvement across our suburban and CBD based centres,” he said. per cent.

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