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Major Melbourne Sub-Regional Shopping Centre sold to IP Generation - JLL and Stonebridge Property Group ISPT sold its 50% stake in Cranbourne Park Shopping Centre to IP Generation for $126.5 million, negotiated by JLL’s Nick Willis, Sam Hatcher and Stuart Taylor, along with Stonebridge Property Group’s Justin Dowers, Carl Molony and Philip Gartland. Sam Hatcher from JLL said “The acquisition of a non-management interest by a syndicator signifies the fight for quality metropolitan retail assets in a market where formal availability of opportunities remains low. Further this highlights capital’s intensifying demand for the sector.” Nick Willis from JLL said "Whilst we continue to see strong participation from the syndicator cohort, who have dominated the sector in recent years, we are now seeing the re-emergence of major institutional capital looking to reweight back toward the sector. Justin Dowers from Stonebridge said, “The campaign generated strong national interest from a number of syndicators and private investors, which continues the capital demand trend for retail and particularly, sub-regional centres.” Carl Molony from Stonebridge said, “This transaction serves as a testament to the resilience and evolving nature of the retail property market, signalling a potential shift in investor sentiment towards quality retail assets in strategic locations." Read more on COMMO - https://lnkd.in/gJpcCYtF Sam Hatcher Sam Linden Phoebe Cooney Nathan Lin Hannah Brisbane Ginny Rampling Sebastian Fahey David Mahood Stuart Taylor Tom Noonan Jarrod Herscu Dominic McGrath Victoria Robinson Jacob Swan Ned McKendry Will Morris Liam Cox Michael Nguyen Brett Williams Amanda Steele Will Walker Chris Lock Andrew Coutts #melbourne #realestate #shoppingcentre #victoria #retail #property #jll #jllcapitalmarkets

Vicinity Centres finalises major $287 million Sydney retail portfolio disposals - CBRE Vicinity Centres has successfully sold half shares in Sydney’s Roselands Centre and Carlingford Court for a combined $287 million negotiated by CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney. “The Roselands and Carlingford acquisition demonstrates the continued demand for quality metropolitan, sub-regional and regional assets with a focus on non-discretionary spending. There is particularly strong interest in assets which offer mixed-use development potential and strategic value-add opportunities.” Simon Rooney said. Read more on COMMO > https://lnkd.in/grUKUyhD Simon Rooney Leif Olson Sheree Griff Shane Cook CBRE Capital Markets Mark Granter James Douglas Tony McCormack Peter Huddle Adrian Chye David McNamara Tom Broderick Flint Davidson #retail #cbre #commercialinvestment #commercialrealestate #sydre #sydneyrealestate #sydneymarket #shoppingcentresold #shoppingcentre

Unibail-Rodamco-Westfield has announced the sale of a 25% stake in the Centrum Cerny Most shopping center in Prague to Upvest and RSJ Investments.

🚀 British Land's Retail Park Strategy Pays Off 🚀 Simon Carter, CEO of British Land, highlights the strong performance of the company’s retail park investments. In its latest report, British Land made £456m in non-core disposals and invested £711m into retail parks. 🏙 🚀 The strategy is proving effective, with a 99% occupancy rate and a 5.1% increase in portfolio valuation since April. ⚡ The focus on retail parks reflects British Land’s confidence in this asset class as a key driver of growth and resilience ⚡ #BritishLand #RealEstate #RetailParks #Investment #BusinessGrowth

Discover Skyline Retail REIT's strategic advantage. Specializing in essential needs-based retail properties primarily anchored by grocery and/or pharmacy tenants, Skyline Retail REIT is designed for resilience. Skyline Retail REIT (SKY2013) is a meticulously curated, 100% Canadian portfolio of retail assets. With 67% of its properties anchored by grocery and or pharmacy tenants, and over 5 million square feet of 'open-air' retail space under management across Canada, #SkylineRetailREIT is primed to support the growing demands of the rising Canadian population. Invest in the Essentials. Invest in historically stable, income-generating, long-term potential growth opportunities with Skyline Retail REIT. Learn more at https://lnkd.in/e4xKd_ZC #alternativeinvestments #privatewealth #portfoliomanagement #investinginrealestate #REIT #CRE #retailrealestate

Landsec has completed its acquisition of a 92% stake in Liverpool One, one of the premier shopping centres in the UK, from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) (69%) and Grosvenor (23%) for £490 million (US$623 million) in a landmark transaction revealed by CoStar News.

Private investor acquires Ferny Grove Shopping Village in off-market deal - CBRE   A Melbourne-based private investor has purchased Coles-anchored Ferny Grove Shopping Village from Kerching Capital for $19.25 million.   CBRE’s Michael Hedger and Joe Tynan brokered the off-market deal with the sale reflecting a 5.72% passing yield.   “The buyer has been actively looking in the market for over 12-months and was drawn to the significant future value-add proposition of the shopping centre and Coles’ long-term commitment to the centre,” Mr Michael Hedger said.   Mr Joe Tynan noted in Q3 2024 investment volumes were 64% below the three-year quarterly average, demonstrating a pent-up demand for supermarket-anchored neighbourhood shopping centres in well-established growing residential catchments.   “Retail assets in metro locations remain highly desirable given the significant underlying land value and diverse tenancy mix across essential services and daily need retailers. Ferny Grove ticked all the boxes as a full-service shopping centre and attractive investment opportunity,” Mr Joe Tynan added. Read more about the transaction on COMMO > https://lnkd.in/gDFscpQc CBRE Asia Pacific CBRE Retail Bruce Baker Simon Rooney Harrison Coburn Mikaela O'Farrell Sabina Jakobsson James Douglas Jack Tourish Fiona Ellender James Sherley Leah Santon Sam Guest Jamie Hess Chloe Mason Mark Curtain RETalk Asia #cbre #retailinvestment #brisbanerealestate #retailproperty #shoppingcentre #realestateinvestment #retaildevelopment

Vicinity Centres finalises Australia’s largest retail transaction for 2024 with $420 million Lakeside Joondalup deal - CBRE   Vicinity Centres has outlaid $420 million for a 50 per cent stake in Western Australia’s coveted Lakeside Joondalup in Australia’s largest 2024 retail transaction.   CBRE’s Head of Retail Capital Markets Simon Rooney acted on behalf of the Future Fund to sell the stake, with the remaining interest in the landmark centre owned by Lendlease’s APPF Retail Fund. As part of the transaction, Vicinity has also secured the property and retail development management rights for Joondalup.   Mr Simon Rooney noted, “The acquisition marks the re-entry of REITs into Australia’s regional shopping centre investment market. The Joondalup transaction is the first such acquisition since Scentre Group’s $720 million acquisition of a 50% stake in Westfield Eastgardens in Sydney in mid-2018. It signals renewed interest from both REITs and unlisted wholesale funds in this market sector, which is expected to gather momentum throughout the second half of this year.” Read more on COMMO. > https://lnkd.in/gM222Qmv CBRE Asia Pacific James Douglas Joe Tynan Michael Hedger Greg Hyland Brent McGregor Mark Granter Leif Olson James Sherley Sam Guest Ben Hunter Nadine Vielhuber Aaron Desange Fiona Ellender Tony McCormack Peter Huddle David McNamara Matthew Parker Kirrily Lord #cbre #retailnews #retailinvestment #retailrealestate #retailproperty #shoppingcentre #vicinitycentres

JLL APAC Retail in conjunction with Stonebridge is pleased to announce the successful sale of ISPT's 50% stake in Cranbourne Park Shopping Centre, Victoria's largest retail transaction in 2024.   Cranbourne Park, a dominant Sub-Regional Shopping Centre, boasts a secure income profile, underpinned by 92% national retailers. The centre is strategically positioned to capture growth from the southeastern corridor and has undergone significant transformation including a $113 million expansion and revitalisation in 2015.   The sale follows a widely successful on-market campaign which gained significant attention and enquiry from a range of capital sources, highlighting the ongoing demand retail, particularly Sub-Regional centres.   JLL congratulates ISPT, IP Generation and all parties involved in this significant transaction. Nick Willis Sam Linden Phoebe Cooney Nathan Lin Hannah Brisbane Ginny Rampling Sebastian Fahey David Mahood Stuart Taylor Tom Noonan Jarrod Herscu Dominic McGrath Victoria Robinson Jacob Swan Ned McKendry Will Morris Liam Cox

Sold & Settled | Brandon Park, VIC $107.5 million, Victoria's largest retail transaction YTD. On behalf of our valued client Newmark Capital, JLL Retail Investments in conjunction with CBRE are pleased to announce the successful sale and settlement of Brandon Park Shopping Centre to HMC Capital (Last Mile Retail Logistics Fund). The property consists, a Sub-Regional Shopping Centre on a prime 58,100sqm land holding, approximately 19km south-east for the Melbourne CBD. The asset attracted interest from a wide range of investors given its metropolitan Melbourne location, strategic repositioning opportunities and future potential for a large scale, mixed-use development. Congratulations to all parties on this landmark Melbourne retail transaction. For more information, reach out to any of the JLL team. Nick Willis Sam Hatcher Stuart Taylor Sam Linden Nathan Lin Phoebe Cooney Hannah Brisbane Ginny Rampling Sebastian Fahey David Mahood Tom Noonan Jarrod Herscu Dominic McGrath Victoria Robinson Jacob Swan Ned McKendry Will Morris Liam Cox #AustralianRetailProperty #CommercialRealEstate #CRE #RetailInvestment #CapitalMarkets #ShoppingCentre #ShoppingCentreInvestment #PropertyInvestment #InvestmentProperty #RetailAssets #CommercialProperty #AustralianCRE #RealEstateFinance #RetailPortfolio #PropertyDevelopment #InvestmentOpportunity #RetailStrategy #AssetManagement #PropertyMarket #RealEstateInvestor #RetailTrends #AustralianEconomy #MarketAnalysis