Shopping Centre News Magazine

Shopping Centre News Magazine SCN – the voice of the shopping centre industry in Australia & NZ. Published 5 times per year and available for purchase by subscription only.

A coalition of shopping centre, retail, fuel and convenience, pharmacy, security and cleaning industry groups has relaun...
05/11/2025

A coalition of shopping centre, retail, fuel and convenience, pharmacy, security and cleaning industry groups has relaunched the nation-wide ‘Be Kind in Retail’ campaign for the 2025 Christmas trading period.

With the central message “Kindness Never Goes Out of Style,” the campaign calls on the public to show respect to all workers in shopping centre and retail settings during the busy Christmas trading period and holiday season.

Led by the Shopping Centre Council of Australia (SCCA), The Pharmacy Guild of Australia, National Retail Association (NRA), Australian Association of Convenience Stores (AACS), Australian Security Industry Association Limited (ASIAL), and Building Service Contractors Association of Australia (BSCAA), the campaign now spans more than 350 shopping centres and 3,500 digital screens nationwide.

SCCA members are contributing more than $7 million in commercial advertising value, with the BKIR message expected to reach over 250 million customers and play more than 120 million times, across digital platforms, social media, and in-store activations.

Sydney metropolitan shopping centre Top Ryde City has been sold for $525 million to a partnership between MA Financial a...
08/10/2025

Sydney metropolitan shopping centre Top Ryde City has been sold for $525 million to a partnership between MA Financial and Singapore-headquartered Keppel REIT.

“Top Ryde City is one of the most significant retail transactions of the year and underscores strong investor demand for well‑positioned, defensive metropolitan shopping centres,” said Lachlan MacGillivray, MD, Asia Pacific and retail capital markets at Colliers.

“Opportunities to acquire 100 per cent interest in a regional shopping centre of this calibre in Australia are exceptionally rare,” said Sam Hatcher, head of retail investments, Australia and New Zealand, with JLL.

Imperial Centre Gosford has been sold to a private Sydney investor for $62.75 million, marking the largest transaction o...
18/09/2025

Imperial Centre Gosford has been sold to a private Sydney investor for $62.75 million, marking the largest transaction of a non-metro NSW neighbourhood centre since 2021.

JLL’s Nick Willis, Sam Hatcher, David Mahood and Sebastian Fahey, in conjunction with Colliers’ James Wilson and Ben Wilkinson, conducted the sale on behalf of IP Generation .

The Melbourne private equity firm acquired Imperial Centre Gosford, along with other properties in Lederer Group’s shopping centre portfolio, for $300 million in 2021.

Queensland’s Paradise Centre mall, one of the flagship shopping and tourism destinations in the Gold Coast, has been lis...
04/09/2025

Queensland’s Paradise Centre mall, one of the flagship shopping and tourism destinations in the Gold Coast, has been listed for sale.

The shopping centre was put up for sale alongside Novotel Surfers Paradise hotel. The two properties form the cornerstone precinct of the Gold Coast, with over 220 metres of direct frontage to Cavill Avenue generating 12-14 million visitors per annum.

With 23,000sqm of retail space, Paradise Centre is anchored by Woolworths, alongside iconic entertainment and hospitality venues including the world’s largest Timezone, The Sporting Globe, and Surfers Paradise Tavern.

The mall’s retailer line-up also includes Zone Bowling, Starbucks, Grill’d and Australia’s first Wendy’s concept store from the US.

JLL and McVay Real Estate have been exclusively appointed to manage the divestment. The shopping centre and the hotel are available for sale in-one-line or individually via an international expressions of interest campaign, which will close on October 3.

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Vicinity Centres is elevating the luxury retail landscape on Sydney’s North Shore. In partnership with LVMH, Chatswood C...
20/08/2025

Vicinity Centres is elevating the luxury retail landscape on Sydney’s North Shore. In partnership with LVMH, Chatswood Chase will welcome 12 iconic brands as part of its multi-phase redevelopment.

The new level 1 luxury precinct will be anchored by , and while and will feature stores on the centre’s ground floor.

With refreshed interiors, a new rooftop lifestyle precinct, and a world-class luxury offering, the centre is set to rival the globe’s leading retail destinations.

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📍Now on the market: Christchurch’s only dedicated outlet centreDress Smart Hornby — home to 45 national and global brand...
23/07/2025

📍Now on the market: Christchurch’s only dedicated outlet centre

Dress Smart Hornby — home to 45 national and global brands including adidas, Tommy Hilfiger, Icebreaker and Bonds — is a high-performing retail asset offering investors a rare opportunity in New Zealand’s South Island.

Strategically located on SH1 near the airport and CBD, the 7,125sqm centre recorded $56.3 million in annual sales (Dec 2024), with strong growth fundamentals, low vacancy, and a seismic upgrade underway.

Represented by Bayleys Knight Frank, the asset is offered for sale via deadline private treaty closing 14 August 2025 (unless sold prior).




Dexus has joined Scentre Group in a $683 million joint venture, acquiring a 25% stake in Westfield Chermside — Australia...
23/07/2025

Dexus has joined Scentre Group in a $683 million joint venture, acquiring a 25% stake in Westfield Chermside — Australia’s second-largest shopping centre by sales and GLA.

The off-market deal strengthens Dexus Wholesale Shopping Centre Fund’s (DWSF) portfolio and highlights strong confidence in premium retail assets. Scentre Group remains manager of the centre, with proceeds supporting its long-term capital strategy.

📍 17.6M annual visits
💰 $1.35B in annual sales
🛒 486 retailers across 176,585m²



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The voice of the shopping centre and retail industry

Shopping Centre News stands as the foremost, most authoritative publication for the shopping centre industry in Australia and New Zealand, and now enjoys increasing exposure overseas in markets such as China and the USA. Our subscribers include everyone from CEOs, marketing personnel and fund managers to retailers, architects and retail designers.

Daily and weekly news online makes shoppingcentrenews.com a must-visit as part of the morning routine for those who want to keep right across the latest developments and events in the world of retail and centre property, while the industry ‘bible’ Shopping Centre News is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders and personalities.