Food delivery businesses the new retail disrupters
Food delivery services are becoming the latest disrupter in the retail sector and are shaping the way, restaurant tenants select their next location.
Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
Food delivery services are becoming the latest disrupter in the retail sector and are shaping the way, restaurant tenants select their next location.
Asia-Pacific's Mercedes Benz distributor has signed the largest lease in the Goodman Group's Sydney Corporate Park, at 160 Bourke Road, Alexandria, this year in a deal struck by LJ Hooker Commercial South Sydney.
Manly Wharf is set to have a $9 million facelift with the owner, Seagrass Capital, looking to add a second storey as well as upgrade the existing facilities.
State Planning Minister Rob Stokes knew when he attended the CBRE Large Format Retail Association forum in Sydney on Monday, that it was going to be a tough audience.
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.
Shareholders in Goodman Group have shown their disapproval at chief executive Greg Goodman's pay and bonus, with 40 per cent voting against the commercial property group's remuneration report.
SILVERWATER Â $11.35 m
With the swag of new international labels, Sydney's Pitt Street Mall and Melbourne's Bourke Street Mall have cemented their places as some of the most expensive locations in the world to rent a store.
Charter Hall's Prime Office Fund has signed global law firm Clyde & Co as a key anchor tenant at its 333 George Street development in Sydney's CBD.
Retail giant Amazon is expected to use the changes to the goods and services tax, slated for July 2017, as the catalyst for the start of its physical presence entry into Australia, according to analysts.
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