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Half share of Sydney’s Carlingford Court sells for $120.5 million

Inside Retail

Hong Kong-based real estate investment firm JY Group has acquired a 50 per cent stake in Sydney’s Carlingford Court shopping centre for $120.5 Situated 18km from the city’s CBD, at a prime landmark location in Sydney’s northwest, the centre is close to Carlingford railway station. million appeared first on Inside Retail.

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Joondalup Square shopping centre now for sale

Inside Retail

The Joondalup Square shopping centre in Perth is up for sale. Colliers and Cygnet West are jointly marketing the shopping centre, which has 14 large format retailers and five specialty stores, including Amart Furniture, Beacon Lighting, PetO, Bedshed, Kitchen Warehouse, Forty Winks, Adore Home Living, and BBQ’s Galore.

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Vicinity Centres sells half share in Broadmeadows Central

Inside Retail

Vicinity Centres has sold a 50 per cent stake in Broadmeadows Central shopping centre to Melbourne-based Nikos Property Group for $134.5 Vicinity would continue to provide centre management services and assist in the leasing of the shopping centre as well as any development activities.

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Australians return to the malls despite a plunge in consumer confidence

Inside Retail

Australians are returning to shopping malls as Covid fears subside with Scentre Group reporting customer visitations up 12 per cent on 2021 levels during the first quarter. Excluding CBD-located centres, mall foot traffic is up by 16 per cent. “We Comparable sales of major retailers and specialty stores were up by 11.2

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How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

In a survey of consumers conducted by Doddle , 84% said a positive returns experience encourages them to shop with a retailer again. Conversely, 73% of consumers responding to a survey by Returnly said they would not shop with a brand again after a poor returns experience. Infection Control: Burden Or Benefit?

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Three malls with great CX: American Dream, Battersea Power Station, Chadstone

Inside Retail

Shopping is about more than just a transaction, as evidenced by our inaugural global feature on the ‘Most desirable shopping precincts’. Home to Apple’s London Campus, a 2229sqm food hall and a glass chimney lift, Battersea Power Station also has housing and hundreds of shops located in its historic turbine halls.

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After 10 years, Japan’s Aeon seems ready to conquer Vietnam’s regions

Inside Retail

At Celadon, Aeon opened a hypermarket, aggregating a collection of local retailers and new-to-market Japanese brands it had experience with at home, intentionally building its own shopping centre destination rather than leasing space in someone else’s. Not only in Aeon shopping centres.