The latest shopping centre news from RetailBiz

 

Broadway Shopping Centres ranks no.1

The shopping centre took out the number one spot in the MAT/m2 category with $10,390/m2, an increase of 5.7 per cent on the back of a 4.25 per cent increase in MAT ($412.3 million), and one of only two Big Guns in Australia to beat the $10,000/m2 mark, the other being Westfield Bondi Junction with $10,016/m2.

Well done Broadway Shopping Centres – Amuse Australia is here to help top shopping centres and retail outlets to maximise their income per sq m… more on this.

Westfield signs JV with U.S company

Westfield has entered an agreement with O’Connor Capital Partners for a series of transactions, which will see the investment in a portfolio comprising of six Westfield regional malls in Florida.

O’Connor’s investment will represent a 49.9 per cent interest in this portfolio. Westfield will remain as property, leasing and development manager.

Well done Westfield – Australia expanding into the USA