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Cedar Woods sells Williams Landing Shopping Centre for $60 million

Inside Retail

Victoria’s Williams Landing Shopping Centre has been sold for $60 million after owner Cedar Woods accepted an unconditional offer which also includes one hectare of adjacent development land. The shopping centre has a Woolworths supermarket, 30 specialty stores, a childcare facility, and two levels of office space.

Shopping 130
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Scentre Group posts strong performance with higher Westfield foot traffic

Inside Retail

Shopping mall operator Scentre Group has reported a 7.4 We have commenced the $50 million repurposing of department store space at Westfield Mt Gravatt to introduce Uniqlo, Harris Scarfe and a range of specialty stores. per cent increase in customer visitations to 410 million in the first nine months of 2023.

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Miller Zell Wins 2023 Shop! Design Award with Micro Center “Store of the Future”

Miller Zell

ATLANTA, June 15, 2023— Miller Zell earned a first-place “Gold” award in the “Specialty Store Over 25,000 Square Feet (New or Remodeled)” category at the 2023 Shop! Design Awards for our design and execution of a “Store of the Future” for Micro Center in Tustin, Calif.

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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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Behind the Scenes of TikTok Shop with a Pioneering U.S. Seller

Retail TouchPoints

Now the company has become the first toy brand to test out the hottest new arena in digital selling — TikTok Shop. Now it’s here: first launched in the UK and several Asian markets, TikTok Shop was quietly made available in the U.S. in November 2022. in November 2022. We’re nimble and super entrepreneurial.

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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 Last year, JY Group also acquired Wollongong’s Central Shopping Centre and Sydney’s Roselands Shopping Centre. The acquisition boosts JY Group’s Australian asset portfolio to almost $1.8

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AMP Capital fund to sell 50 per cent of Westfield Tea Tree Plaza

Inside Retail

The shopping centre has a lettable area of 99,873sqm and is anchored by Myer, Big W, Kmart, and Target alongside a triple supermarket offering in Coles, Woolworths, and Aldi and approximately 240 specialty stores. A $40 million upgrade project is expected to be completed by September, which will bring about more benefits.