Scentre plants seed for growth in Garden City
SCENTRE Group is keen to take on redevelopment plans for Garden City…
AREITs can withstand 30% decline in property values
PROPERTY yields will contract further over the next 12-18 months as values…
Lendlease sells Westfield Marion at a discount to book value
LENDLEASE’S long-awaited sale of a half share in Westfield Marion may prove…
Scentre store sales grow 2.4pc
SCENTRE Group lifted total in-store sales within Westfield shopping centres by 2.4%…
Miles calls it a day after 23-year run
AFTER almost 23 years with Scentre Group and Westfield, Scentre Group’s chief…
REITS moving away from retail but divestments remain difficult
STRONG performances in the office and industrial sectors have supported the overall…
Myer downsizes further, focusing more on online
DEPARTMENT store Myer has identified further “significant” opportunities to hand back more…
UK fashion retailer Karen Millen exiting Australia
RETAIL property landlords face further vacancy problems with British fashion retailer Karen…
Scentre profit down 49pc to $740m
AUSTRALIA’S largest retail landlord, Scentre Group has continued repositioning its shopping centre…
Blackstone pays $1.52bn for Sydney triple
SCENTRE Group has offloaded three Sydney CBD office towers to US funds…
