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
IKEA Retail (Ingka Group) has revealed the first pilot of its future store format, with the reopening of the renovated IKEA Shanghai Xuhui store after four months of extensive refurbishment. The test store represents a bold next step in the business’s mission to transform its retail
Aventus is Australia’s largest, fully integrated owner and manager of Large Format Retail centres in Australia. As a major landowner, Aventus acknowledges the importance of playing their role in reducing the impact of their environmental footprint. Head of Asset Management, Ruth Jothy explained, for them, being a community
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
A wayfinding strategy can be defined as an integrated set of visual cues that aim to help people navigate their way through a specific venue or facility. While wayfinding signs are often directional by nature, their effectiveness can extend far beyond helping people get from point
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