Yesterday
Melbourne’s Mecca superstore is already getting a makeover
Just six months after the cosmetics giant’s largest store opened to much fanfare on the Bourke Street Mall, its distinctive facade is getting a facelift.
January
$650m stake in Adelaide’s biggest mall up for grabs in retail revival
The offering comes amid a revival of investor confidence in major malls, which has led to several near $1b deals in recent weeks.
‘The time is right’: Billionaire Lederer opens up funds platform
Billionaire Paul Lederer has 50 years of investment nous, building his own property portfolio. He’s putting that on the line in a funds management business.
Aware Super’s global ambition soars with stake in $4.5b Euro mall fund
The mega property deal comes as Australia’s major super funds outgrow investment opportunities at home.
December 2025
Lendlease to develop $2.2b tower above Hunter Street Sydney Metro
The commercial tower above the terminus of the city’s next heavy rail line gives a big boost to Lendlease’s Australian pipeline.
Scentre sells stake in Westfield Sydney to super fund ART for $864m
The largest single-asset retail property transaction in Australia adds to the pool of funds the mall operator is building up to develop housing at its sites.
Lendlease gearing to surge on settlement delays from asset sales
The property investor and developer has a lot of work to do to get net debt back down to its target of 15 per cent by financial year-end.
Private investors pour into fast-food chains in final rush before 2026
Nearly $50 million in commercial property assets, including fast-food chains, have transacted in a single day.
November 2025
‘Pretty hectic’: Local malls rival world’s priciest retail strips
Australia’s most expensive main street retail strip is Pitt Street Mall. It’s also the eight most expensive in the world. Melbourne and Brisbane malls rate too.
Lendlease will sell down key $2.8b retail fund
It’s a blow for the property giant, which won a battle against super fund investor Hostplus last month to hold on to the fund management rights.
Two Aussie Fast Starters are using US ideas to modernise home building
Victoria-based Buildlab and Queensland’s Avia Homes have found a competitive advantage in home building that is driving their revenue sky-high.
‘I’ve got a long-term contract’: Lendlease CEO Lombardo not leaving
The property and construction giant’s boss said succession talks were ongoing, and talent renewal was crucial. But he’s not leaving any time soon.
Hong Kong investor offers $1.5b for malls in Lendlease fund
The $21.3 billion Link REIT has made an opportunistic bid for three assets Lendlease owns in the retail fund it manages.
Architect Koichi Takada signed up for $100m Brisbane CBD project
Known for its upmarket residential projects, developer Graya has brought Takada and his signature style on board for its first foray into commercial property.
October 2025
CBRE dispute descends into allegations of dead rabbits, sex quizzes
An argument between two senior agents at the realty giant spiralled into bizarre claims and an internal review, according to filings in the Federal Court.
A Chadstone-sized problem in supply of new retail space
The development of new space is projected to plunge by 72 per cent over the next five years even as top global brands compete for prime CBD positions.
Lendlease to sell $900m shopping mall from embattled fund
The sale to Melbourne syndicator Fawkner Property comes as Lendlease’s funds management arm awaits what is expected to be a large queue of redemption requests.
MA Financial locks in $525m Top Ryde mall deal
The mega-deal comes amid a return of investor interest in shopping centres after the sector suffered during the pandemic lockdowns.
Investors hand Lendlease a win over $2.8b malls fund
Superannuation giant Hostplus’ bid to dislodge the real estate company from its flagship $10 billion property investing empire is running out of steam.
Melbourne McDonald’s smashes record after selling for $4.7m
The restaurant in the city’s south-east has sold on an investment yield of just 2.78 per cent, the sharpest return benchmark yet.
