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.

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



Karrinyup achieves a historic milestone: $1 billion in annual sales! 🛍️✨Owned by UniSuper and managed by The GPT Group, ...
09/07/2025

Karrinyup achieves a historic milestone: $1 billion in annual sales! 🛍️✨

Owned by UniSuper and managed by The GPT Group, Karrinyup Shopping Centre has become the first in Western Australia to surpass $1 billion in annual sales, underlining its status as Perth’s premier destination for fashion, dining and lifestyle. Driven by continued demand for retail, unique first-to-market brands, and a major redevelopment, the centre has also welcomed over 13 million visitors in the past year.

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🎨 Cj Hendry has landed at Chadstone — and she’s making a bold statement.In her first Australian exhibition in four years...
26/06/2025

🎨 Cj Hendry has landed at Chadstone — and she’s making a bold statement.

In her first Australian exhibition in four years, internationally acclaimed artist has transformed Chadstone – The Fashion Capital into an immersive, centre-wide art experience.

Now live and running through 20 July, Lost & Found invites visitors to explore:

🔐 The Maze – a vibrant padlock labyrinth
💎 The Vault – showcasing new original works and exclusive merch
🌀 Ah-MAZE-ing School Holiday Program – creative fun for families

This headline cultural activation reinforces Chadstone’s commitment to experiential retail and placemaking, merging world-class art with a high-energy visitor experience across three major zones of the centre.

With strong foot traffic and social buzz already underway, Lost & Found is a powerful example of how retail destinations can evolve into cultural platforms.

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🎉 Westfield Southland has officially launched its revitalised dining and entertainment precinct — bringing new energy, f...
26/06/2025

🎉 Westfield Southland has officially launched its revitalised dining and entertainment precinct — bringing new energy, flavour and family fun to Melbourne’s southeast!

The launch weekend attracted thousands of visitors, with live music, interactive entertainment, and the Victorian debut of Timezone’s ColourGrid experience. The expanded precinct now features:

🍴 New dining including Kinn Thai, Zeus Street Greek and Yo-Chi
🎳 Family attractions like Timezone & Zone Bowling and Little Amigo’s Kids Café
🛍️ New retailers Toymate and Macpac, plus a refreshed David Jones
🎨 Striking large-scale murals by local artists

With upgraded interiors, improved access and more to come, the transformation reflects Scentre Group’s commitment to evolving the Westfield Southland experience for the community.

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Lewis Land developed HarbourTown Premium Outlets – Australia’sfirst and largest outlet shoppingexperience – opening it i...
19/06/2025

Lewis Land developed HarbourTown Premium Outlets – Australia’sfirst and largest outlet shoppingexperience – opening it in 1999. Today,it maintains a 50/50 ownership withVicinity Centres. It’s a centre poisedfor massive growth over the comingyears.

Located between the coastline and the ever-expanding heart of the Gold Coast, Harbour Town Premium Outlets defies categorisation — and that’s exactly its strength. More than just an outlet centre, it’s a dynamic, open-air retail destination that blends luxury, lifestyle, convenience and community in one uniquely landscaped setting. With a tenant mix that evolves with the city around it, and a retail performance that ranks among Australia’s elite, Harbour Town is not just keeping up with change — it’s shaping it.

We profile in the latest issue of SCN magazine — link in bio for more…



In a landmark move for Melbourne’s luxury retail and lifestyle property sector, GURNER™ Group, in partnership with inves...
23/05/2025

In a landmark move for Melbourne’s luxury retail and lifestyle property sector, GURNER™ Group, in partnership with investment manager Qualitas, has lodged plans for the third and final stage of its $3.75 billion Jam Factory redevelopment — positioning the South Yarra site as one of Australia’s most significant mixed-use urban regeneration projects.

The new vision, designed by global architectural powerhouse Skidmore, Owings & Merrill (SOM) alongside Buchan and the GURNER™ Design House, represents a major evolution from the original masterplan. The revised concept replaces the previously approved commercial tower with a series of sculptural “fluted” buildings rising from the restored heritage façade — a design shift expected to further elevate the project’s international profile.

For retail property professionals, the significance lies not just in scale but in the repositioning of the Jam Factory as a next-generation, multi-sensory precinct that blends ultra-luxury residential, retail, commercial, and entertainment uses in a unified, experience-driven environment.

Originally built in 1858, the Jam Factory has seen over 160 years of evolution — from brewery, to jam production hub, to retail icon.

Demolition is already underway led by Mann Group. Once complete the entire Jam Factory site will be 20,000m2 or equivalent to the size of the MCG and will re-establish the site as a globally significant lifestyle and cultural destination.

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23/04/2025

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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.