News Articles for Bruce McCully

Retail property owners are looking for ways to capitalise on the surplus land around their shopping centres.

The $70 million purchase marks the second largest retail transaction this year in WA and was sold at 40 per cent below its replacement value.

Landlords are investing more in neighbourhood shopping centres to capitalise on consumer trends.

The purchase represents the property fund's second acquisition from the Vukelic family this year.

The property fund paid $15 million for the retail asset, anchored by Coles.

Shopping centre owners are increasingly exploring ways to incorporate residential components into retail districts.