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
Super Retail Group’s Order Management System (OMS) is the winner of the Best Mass-Market Project in the iTnews Benchmark Awards. An OMS is a digital way to manage the lifecycle of an order. It tracks all the information and processes, including order entry, inventory management and
Given the similarities of our economies, culture, governments, retail sectors, and environments, many of the experiences in the New Zealand Large Format Retail market are not dissimilar to those in Australia. In fact, many of the LFRA members have a presence in the New Zealand market. 12
Axiom Properties Limited announced the Company had settled the purchase of its 3-hectare development site on Camborne Parkway and Butler Boulevard in Butler, WA from Woolworths Ltd and intends to commence construction on site next week. The land purchase comes after long-standing LFRA Gold Member Axiom
New research[1] released by IKEA Australia reveal climate concern is running high amongst Australians, with 85 per cent worried about climate change. While 84 per cent remain hopeful it is not too late to make a change, three in five (66%) say we need to act