Retail

ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.

Law firms running competing class actions against Coles and Woolworths over alleged illusory discounts have agreed to join forces, but a judge has warned he will not simply “rubber stamp” the arrangement. 

Billionaire petroleum tycoon turned property investor Nick Andrianakos has scooped up a half share in Melbourne's Northland shopping centre for $385 million.

A second law firm has lodged class actions against Coles and Woolworths on the back of the consumer regulator's claims that the supermarket giants' discount campaigns were misleading.

Real estate funds manager Centuria Capital Group has acquired  Logan Super Centre in Brisbane, hosting big ticket tenants including Freedom, Fantastic Furniture, Spotlight and Anconda. 

A court has given the consumer watchdog the OK to pursue its case against Mosaic Brands over alleged misleading delivery times, despite hearing the company will likely be liquidated.

Westpoint Shopping Centre in Western Sydney has been sold for $900 million, in Australia's largest individual retail asset transaction.

ASX-listed jewellery chain Lovisa has been hit with a class action after employees claimed it failed to pay them for extra hours worked. 

Online fashion retailer FWRD has lost its challenge to registration of the 'FFWD' trade mark by data processing software company Corezero.