Bunnings has announced Adelaide Tools will become Tool Kit Depot, positioning the professional tools business for expansion into Western Australia starting in October. Mike Schneider, Bunnings Managing Director, said: "We're really excited about our plans for the future of the business under the new name, Tool
The Commercial Tenancy Relief Scheme Regulations 2021 (Vic) (New Scheme) providing for further commercial tenancy rent relief for Victorian tenants is now in operation. Once again landlords and tenants are asked to share the burden where COVID-19 has adversely impacted tenants’ turnover through the provision of
Assembly Broadmeadows is helping to facilitate Victoria’s reopening and recovery by repurposing the site into a vaccine drive-through and walk-in facility. In partnership with the Department of Health and St Vincent’s Hospital Melbourne, 16,000m2 of hardstand and 35,000m2 of building was transformed to provide the community
Iconic furniture and homewares retailer Freedom is working with Australian designers and artists on a series of unique collaborations, kicking off with Sydney-based ceramicist Stephanie Phillips. The exclusive limited-edition collection consists of a vase, lamp, and candle all designed by Stephanie. "Freedom is committed to designing and
Retailer demand for floor space in South Australia has driven Adelaide’s Large Format Retail vacancy rate to an all-time low of 0.74%. Only 1,726sqm of the city’s Gross Lettable Area Retail (GLAR) of 232,933sqm is currently available, according to the latest data compiled by CBRE’s Research
Getting to Know COVA As one of LFRA’s newest Associate Members, can you tell us a bit about COVA and the industries you work within? Firstly, just wanted to note being a new Gold Associate member of LFRA, it is wonderful to already be experiencing how
Research by Savills indicates that Large Format Retail and Neighbourhood Sales accounted for 54% (in dollar terms) of the $5.2 billion worth of retail investment sales over the 12 months to March 2021. Yield compression over the last 12 months with both Neighbourhood Shopping Centres and
Following strong 2020 results as the world shifted their gaze from international travel to focus on home updates, bedroom, furniture and homewares retail siblings Sleeping Giant and James Lane continue a promising trajectory in 2021/22 with a focus on expanding their footprint with new store
What to look out for when securing or signing up to a tenancy pre-commitment for a new development We have seen that despite COVID-19, the demand for manufacturing and warehouse facilities, distribution centres and retail space within homemaker centres continues to be strong. The development of
Ethos Urban has announced the appointment of Mark Stefanac as Chief Executive Officer. Mark brings a wealth of knowledge and expertise to the role, with a career spanning over 25 years within the urban development industry. Throughout his extensive career, Mark has held various senior leadership