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.

📍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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Carousel of recent Industry News ⏮️👩🏻‍💻 Sign up to receive our free e-newsletter 🔗 Link in bio for more ...
23/04/2025

Carousel of recent Industry News ⏮️

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SCN’s Big Guns lunch — Friday 21 March 2025 — The Ivy Ballroom Sydney. The industry event of the year! Celebrating the b...
27/03/2025

SCN’s Big Guns lunch — Friday 21 March 2025 — The Ivy Ballroom Sydney.

The industry event of the year! Celebrating the best in retail property and recognising the achievements of Australia’s top performing Big Gun shopping Centres.

CONGRATULATIONS: .au | | 👏👏👏

THANK YOU to our event sponsor

Networking drinks sponsor

Event supporters: | | | |

📸 Offical even photos are here!

Link in bio for more

After a turbulent period for the retail sector, Macquarie Centre has led a remarkable recovery, achieving $1 billion in ...
26/03/2025

After a turbulent period for the retail sector, Macquarie Centre has led a remarkable recovery, achieving $1 billion in Moving Annual Turnover (MAT) sales in December 2024 for the first time ever. This achievement not only emphasises the resilience of bricks-and-mortar retail but also highlights Macquarie Centre’s ability to adapt while keeping customers at the heart of its strategic vision.

In recognition of this success, SCN invited Emma Merlino, Centre Marketing Manager at Macquarie Centre, to share insights into the journey behind this remarkable achievement.

Read this article and more in the latest edition of SCN – Big Guns 2025 edition – out now!

Link in bio
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Having recently acquired Westpoint – the first 100% acquisition of a Big Gun in more than a decade – Haben has now estab...
25/03/2025

Having recently acquired Westpoint – the first 100% acquisition of a Big Gun in more than a decade – Haben has now established itself as one of Australia’s major players in the shopping centre industry…

For some 15 years, Haben has been in the sights of industry watchers across Australia; at first as a new player in neighbourhood centres, but one with expertise, a canny knowledge of re-mixing, re-leasing, expanding and having the overall skill of turning poor or low performing centres into high-yielding assets.

For some 15 years, we have seen Haben acquire one, then two, then three… small neighbourhood centres, and then a graduation to sub-regionals, a progression to full-regionals and, ultimately, to Big Gun Centres.

Link in bio to read this exclusive cover story

Melbourne-based Nikos Property Group has forged its fourth partnership with Vicinity Centres after settling on a $385 mi...
06/03/2025

Melbourne-based Nikos Property Group has forged its fourth partnership with Vicinity Centres after settling on a $385 million deal to acquire the GPT Wholesale Shopping Centre Fund’s 50% interest in Northland Shopping Centre.

It is the largest Victorian retail transaction since 2018 and further strengthens Nikos Property Group’s relationship with Vicinity Centres, which co-owns and manages the asset.

CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney, introduced Nikos and negotiated the transaction alongside co-agent Lachlan MacGillivray, Colliers’ Asia Pacific Managing Director, Retail Capital Markets.

The Nikos interest was underpinned by the centre’s robust performance, secure major tenant covenants and significant future development potential, located 13km north-west of the Melbourne CBD, with the site offering potential for a long-term staged masterplan development subject to the relevant panning approvals.

Northland Shopping Centre occupies a prominent 19.04-hectare site and offers significant development potential via a masterplan for a 30-year staged development.

The centre has a gross lettable area (GLA) of approximately 98,238m2. It is anchored by leading national retailers, including one of the best-performing Myer stores in Victoria, Coles, Woolworths, ALDI, Kmart, Target and HOYTS Cinemas. It boasts an attractive major tenant WALE of nearly 7.1 years by income and services a substantial trade area of more than 500,000 residents.

Since 2022, Nikos Property Group has outlaid $828 million to acquire four 50% stakes in Vicinity-owned and managed assets: Adelaide’s Elizbeth City Centre ($170.0m in 2024), Colonnades Shopping Centre ($138.2m in 2022) and Melbourne’s Broadmeadows Central ($134.5m in 2023).

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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.