Property

Australian Unit has paid nearly $13 million for the industrial property at 1651-1657 Centre Road, Springvale

Industrial deals east and west

Fund manager Australian Unity has splashed out nearly $13 million on an industrial property leased to Mainfreight in Springvale.

Foot Locker will move from Swanston Street to double its floor space in a 10-year lease over a two- level tenancy at 327 ...

House of Hoops hits the mall

Global sneaker retailer Foot Locker will open a House of Hoops when it opens its new shop on the Bourke Street Mall mid-2017.

Massmart, from South Africa, could be one of the new retail entrants to Australia.

New retailers set sights on Australia

A swath of new retailers are eyeing off the viability of entering Australia, depending on being able to secure flagship sites in capital cities or in the expanding suburban malls, according to new research from Colliers International.

1 Lakeside Drive in the Tally Ho, Burwood East business park which sold for $10.8m to a Malaysian investor.

WeWork eyeing historic Collins Street office

WeWork – a start-up "experiment" established six years ago in Manhattan – is understood to be leasing a Melbourne CBD building which made headlines last year when the landlord sensationally locked out long-standing occupant, Roy Morgan Research.

A Sydney-based private Asian investor has paid $5.06 million for a Shell-Coles Express Service Station

Yield no longer the headline

In the lower-for-longer interest rate environment, falling yields are now a reality of property, but savvy investors are beginning to look past initial yield for attractive total returns.

Stomping Ground in Gipps Street, Collingwood was redesigned by Studio Y.

Stomping Ground's refit makes it more than just another watering hole

Making a fit-out appear old takes considerable skill. It goes well beyond creating a few stressed finishes and bringing in some old fixtures and fittings. However, creating a time warp in the style of a 1920s railway station/beer hall has been successfully achieved at Stomping Ground in Gipps Street, Collingwood. "Our client summed up his brief in one sentence: 'Make this place look around 100 years old'," says interior designer Yaron Kanor, director of Studio Y.

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