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.

30/03/2026

SCN Vol. 44 No. 1 is HERE! The Australian retail property sector is entering 2026 from a position of remarkable strength, and this edition of Shopping Centre News captures the forces shaping its next chapter.

🔗 Click here to view: https://shoppingcentrenews.com.au/shopping-centre-news/magazine/scn-vol-44-no-1-big-guns-2026-defining-the-next-era-of-australian-retail-real-estate?utm_source=social&utm_medium=facebook&utm_campaign=2026-03-30

Here’s what’s inside:

👉 Big Guns 2026 Report: Get the industry’s definitive benchmark of shopping centre performance. The number of billion-dollar centres has reached a new high, with Chadstone setting the national standard. Plus, celebrate historic state-first milestones: Karrinyup Shopping Centre (WA) and Westfield Marion (SA) have both surpassed $1 billion in annual retail sales!

👉 CEO Outlook: Learn from the sector’s most influential leaders about retail’s structural advantage. Insights cover data-led decision making, AI integration, and the ongoing transformation of shopping centres into multi-use community hubs.

👉 Retailers to Watch in 2026: Our leasing insights explore the brands and concepts—from beauty and athleisure to digitally native retailers and emerging wellness operators—that are redefining the shopping centre and capturing the attention of leasing teams across the country.

Read the full edition of Shopping Centre News now!

SCN Big Guns 2026 – RECAP 🔴 Australia’s top-performing shopping centres have been recognised in the Big Guns 2026 report...
27/03/2026

SCN Big Guns 2026 – RECAP 🔴

Australia’s top-performing shopping centres have been recognised in the Big Guns 2026 report by Shopping Centre News, indicating continued sales growth among large-scale retail destinations.

The annual report ranks centres based on Moving Annual Turnover (MAT), MAT per square metre (MAT/sqm), and Specialty MAT/sqm. These measures provide a benchmark of retail performance across the country. This year’s results show an increase in centres recording annual retail sales of more than $1 billion, with the total reaching 16.

https://shoppingcentrenews.com.au/latest-news/scn-big-guns-2026-australian-shopping-centres-sales-growth-ranked/?utm_source=social&utm_medium=facebook&utm_campaign=2026-03-27

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.

🔗 Link in bio for more
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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.

🔗 link in bio for more
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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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