Retail

Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.

In a sign of recovery for Melbourne's commercial property market, developer Bill McNee's Vicland has sold St Germain in Toorak to Spotlight Property Group.

Charter Hall Group's retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.

A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.

Facing claims it misled customers with its 'Down Down' pricing, Coles has urged the court not to second guess its judgment, but a judge overseeing the case has said competitive pressures do not excuse misleading promotions.

ASX-listed Vicinity Centres has secured full ownership of Uptown Shopping Centre in Brisbane's CBD after agreeing to purchase IFM Investor's 75 per cent stake for $212 million.

A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.

Aldi has entered into a 20-year pre-lease agreement with Charter Hall for a 102,000 square metre temperature controlled warehouse in Tarneit, Victoria, and has extended its tenancy at a distribution facility in Queensland by eight years.

A Western Australian local council left the court in a “less than ideal position” in failing to fully participate in a dispute over the rejection of a development extension sought by Woolworths' property arm, a judge has said.

Service station chain United Petroleum has resolved its case alleging competitor On The Run made unjustified claims of infringement over trade marks for 'Quickstop' and 'Cigmart'.