News Articles for Vicinity Centres

Property development and investment firm MGroup has added a second shopping centre to its portfolio, entering an agreement to buy Wodonga Plaza in Victoria from Vicinity Centres for $43.5 million.

Scentre Group is gearing up to unveil its next-generation dining and entertainment precinct at Westfield Whitford City, one of several planned upgrades to its shopping centres across Perth.

Aldi, JB Hi-fi and Harris Scarfe will anchor a $100 million extension of Midland Gate Shopping Centre, with construction to begin later this month.

After a quarter of a century, one of Perth's top planning firms is going back to its roots.

National builders John Holland and Probuild are embracing new strategies to enhance their standing in the WA construction market.

Chinese property developer and investment group Zone Q Investments has added a CBD office tower to its growing Perth portfolio, buying Westralia Plaza for $87 million.

Perth Airport has partnered with national property manager Vicinity Centres to develop a $145 million 110-store direct factory outlet near the airport.

SPECIAL REPORT: WA's big construction companies are going through a transition phase, following the end of a major building boom.

Brookfield Multiplex will start work by the middle of the year on a $350 million expansion of Mandurah Forum, with the redevelopment to make the southern suburbs mall the sixth-biggest shopping cen

More than 30 parties have shown interest in the assets of the collapsed Dick Smith retail business in Australia and New Zealand.

A long-running campaign to sell a 50 per cent stake in Exchange Tower is coming to a close, with property syndicator Primewest to pay $113.5 million for half of the CBD skyscraper.

The recent approval for an estimated $450 million expansion of Westfield Whitford City has added to a long line of shopping centre redevelopments proposed in Perth, although ongoing economic uncertainty is casting doubt on how many will actually go ahead.

Vicinity Centres has paid $319 million for The Shops At Ellenbrook and Livingston Marketplace, two suburban shopping centres put up for sale by the Insurance Commission of Western Australia earlier

While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.