The Large Format Retail Market in Western Australia is entering an exciting period of new development. Vend Property recently announced $125 million worth of projects with major centres in Butler, Belmont and Ellenbrook now at various stages of construction and pre-leasing. Butler Central Shopping Park Long time
The lyrics go "Everybody’s talking ‘bout the new kid in town" and for one Perth commercial real estate team, it certainly applies. After 6 years under the ACTON Franchise Group as ACTON Commercial, there’s been a change. The people are the same, the services are the same -
Aventus Group has purchased a 31,470 sqm development site for $11.5m from Kaufland Australia. The site adjoins Aventus Group’s Epping Home centre, and completion of the acquisition is said to occur in late July 2020. Earlier this year German supermarket giant Kaufland suddenly pulled the pin
In this period of uncertainty, many businesses need to save money and resources. Whether your business is currently booming, slowing or hibernating, there are opportunities to cut back on overheads and reduce expenses. The Federal government recently announced a stimulus package to support businesses. How can
New Melbourne Industrial and Commercial Land Use Plan In April, the Department of Environment Land Water and Planning (DELWP) released the final version of the Melbourne Industrial and Commercial Land Use Plan (MILCUP). This followed a brief consultation period in November and December 2019, where a
(Retail Trends / Why) Retail traffic trends are the missing link between what we 'know' and what we 'think' is happening. Trends provide insight based on real data to indicate customer behaviours and traffic movements across the retail industry. We are now starting to see some traffic
The LFRA has been strongly advocating that Large Format Retailers should remain open for trade during the COVID-19 crisis should they choose to do so. Despite this, property owners and managers may be faced with the possibility of some building closures. Grosvenor Engineering Group has
Background: In addition to the Federal Government’s recent stimulus package announcement, State and Territory Government’s affected by the COVID-19 outbreak have also announced measures that operate in addition to federal measures. Please note that in many cases these measures require legislative approval and therefore cannot commence
Despite many similarities between our nations, New Zealand has cut a different path to Australia when it comes to Large Format Retail. There is no set template, what Large Format Retailers do in Australia cannot be applied in New Zealand. Key Data Colliers International New Zealand and
Australia’s complexity of multiple planning definitions of Large Format Retail contrasts with New Zealand’s simplicity. New Zealand has a broad and all-encompassing understanding of Large Format Retail. They focus on floor space size rather than the merchandise types or categories, with each Council setting a minimum gross