Matthews Real Estate Investment Services™’s Post

WA Maddington Central sale finalised by Realside Property for $107 million - CBRE Perth’s Maddington Central sold to @Realside Property for $107 million by CBRE agents Simon Rooney and James Douglas. Linda Rudd, Realside Chief Executive Officer, said, “Realside is excited to finalise the acquisition of Maddington Central, a shopping centre that we have particularly coveted given the significant mixed-used opportunity that the property provides. This is our first retail acquisition and has created a key opportunity to diversify and expand on our existing office and industrial portfolio. It provides Realside the ability to bring together the collective experience of our team to deliver an improved retail offering.” Simon Rooney, CBRE’s Head of Retail Capital Markets – Pacific, noted, “The West Australian retail market continues to be a focus for investors given the state’s solid economic fundamentals, which have translated into robust retail asset performance.” Read more on COMMO - https://lnkd.in/ghbEk-F4 CBRE Simon Rooney James Douglas Linda Rudd Realside Michael Hedger Joe Tynan CBRE Asia Pacific CBRE Retail Aaron Desange Mark Vonic Matthew McNeilly Kevin Lim Logan Trouchet Bibiana Yeung Claire Sligar Tyler Mackey Leon Stojmenov Kate Stevenson Katrina Christie Ingrid Gray Rebecca Brammah Lauren Trigg #latestwanews #washoppingcentresold #realsidepropertypurchase #retailnews #waretaillnews #cbre #cbreretail #perthre #westernaustralia #shoppingcentre #retailrealestate #reatilproperty #retailinvestment #perthrealestate

How can you transform a vacant big-box retail store into a profitable self-storage facility? Join us as we chat with Clint Harris, a general partner at Nomad Capital, who has mastered the art of converting underutilized spaces like old Kmarts and grocery stores into climate-controlled self-storage units. Clint shares his journey from traditional real estate ventures to this innovative niche, explaining the cost-effectiveness and efficiency of these conversions compared to new construction. You'll gain firsthand insights on revitalizing vacant properties and perhaps discover a new avenue for expanding your own real estate portfolio. Watch the full video here: https://lnkd.in/g-9j87bu #realestateinvestingstrategies #financialfreedomrealestate #dayinthellifeofarealestateinvestor #successfulrealestateinvestors

🚀 Kicking off the year with momentum! We've recently secured leases for a variety of properties, from expansive industrial facilities to dynamic retail spaces in bustling strip malls. Each lease signifies not just growth for our clients, but also our commitment to matching the perfect property to every business need. Here's to a successful year ahead! 🏢💼 #NewLeases #IndustrialAndRetail #RealEstateSuccess

Dan Murphy’s in Cheltenham for sale by JLL and Gorman Commercial Real Estate JLL’s, Tom Noonan, Stuart Taylor, Jarrod Herscu and MingXuan Li 李名轩 together with Gorman Commercial Real Estate agents Tom Maule and Jonathon McCormack bring to the market Dan Murphy's Cheltenham for sale. Tom Noonan, Director of Retail Investments at JLL said “We are anticipating significant interest in the asset, with Dan Murphy’s investments being one of the most sought-after retail covenants in the retail market – since 2014 there have been 10 metropolitan Dan Murphy’s transactions at an average yield of 3.89%” Tom Maule, Director at Gorman Commercial said “The freestanding Dan Murphy’s was built new in 2019 and forms Stage 1 of Cheltenham Quarter which has been developed by Brix Property.” Adam Brick, Managing Director, Brix Property Group said “Securing Dan Murphy's as an anchor tenant was pivotal in establishing Cheltenham Quarter as a key activity hub. As we near the completion of Stage 2, we’re seeing strong market demand from businesses eager to be part of this thriving precinct." Read more on COMMO - https://lnkd.in/gu3M3CzA Dominic McGrath Vicki Robinson Sam Hatcher Nick Willis Jacob Swan David Mahood Sebastian Fahey Ned McKendry Phoebe Cooney Sam Linden Will Morris Hannah Brisbane Liam Cox Ginny Rampling Nathan Lin Stephen Gorman Dean Alexander Nathan May Josh Dawson Josh Freezer Killian Ford Tom Simpson The Hotel Conversation #jll #gormancommercial #retail #danmurphys #retailforsale #liquerstoreforsale #melbre #melbournerealestate #hotelinvestments #jllaus #realestateinvestments #retailinvestment #realestateinvestment

JLL is pleased to have advised Haben Property Fund on their purchase of the remaining 50% in Stockland Townsville. Haben now owns a 100% interest in the asset with management. Opportunities to control and own 100% interest in Regional Shopping Centres are scarce with only four transactions occurring over the past 10 years. We are currently experiencing an elevated level of deal activity as the year ends and anticipate this momentum to carry though to 2024. Congratulations to all parties involved in the transaction. For more information on this deal please reach out. #AustralianRetailProperty #CommercialRealEstate #CRE #RetailInvestment #CapitalMarkets #ShoppingCentre #ShoppingCentreInvestment #PropertyInvestment #InvestmentProperty #RetailAssets #CommercialProperty #AustralianCRE #RealEstateFinance #RetailPortfolio #PropertyDevelopment #InvestmentOpportunity #RetailStrategy #AssetManagement #PropertyMarket #RealEstateInvestor #RetailTrends #AustralianEconomy #MarketAnalysis

JLL in conjunction with Stonebridge is pleased to announce the sale of Market Central Lutwyche. The triple-supermarket nature of the asset, being one of only three of its kind in Queensland, attracted a diverse range of investor interest. The Centre was sold following an on-market campaign which received eight bids, demonstrating the continued investor demand for core metropolitan assets underpinned by non-discretionary offerings. Sam Hatcher Nick Willis Sam Linden Phoebe Cooney Nathan Lin Hannah Brisbane Ginny Rampling Sebastian Fahey David Mahood Jacob Swan Ned McKendry Will Morris Liam Cox Stuart Taylor Tom Noonan Jarrod Herscu Dominic McGrath Victoria Robinson #AustralianRetailProperty #CommercialRealEstate #CRE #RetailInvestment #retail #CapitalMarkets #ShoppingCentre #australianshoppingcebtre #ShoppingCentreInvestment #PropertyInvestment #InvestmentProperty #RetailAssets #CommercialProperty #AustralianCRE #RealEstateFinance #RetailPortfolio #PropertyDevelopment #InvestmentOpportunity #RetailStrategy #PropertyMarket #RealEstateInvestor #RetailTrends #AustralianEconomy #MarketAnalysis #Retail #Brisbane #Queensland

Here’s your daily round-up of the latest news and views from EG. 🛍 British Land has acquired a portfolio of seven retail parks from Brookfield Properties for £441m, adding to what chief executive Simon Carter calls a “market-leading position” in the asset class. The deal, which the company will pay for with the proceeds of a £301m equity raising, is priced with a net initial yield of 6.7%. The portfolio includes Elliott’s Field Shopping Park in Rugby; Central Retail Park in Falkirk; Wellington Retail Park in Waterlooville; Ravenhead Retail Park in St Helens; Cleveland Retail Park in Middlesbrough; Forge Shopping Park in Telford; and Chilwell Retail Park in Nottingham. 📉 The board of Residential Secure Income has proposed that the company is wound down, telling shareholders there are “no quick fixes” to the problems besetting smaller listed real estate investors. In a stock market notice, the seven-year-old company said its market capitalisation of £101m means it is “of a size which might deter some potential investors due to lower share liquidity and the increasing demand from investors for larger listed funds”. It added that over the past two years its shares have traded at a “persistent, material discount” to the net asset value. 🌻 Cushman & Wakefield has identified “green shoots of recovery and growth” across all sectors of the European real estate market – including offices. The agency’s TIME – or Timing Investment Market Entry/Exit – Score Index uses historical data and economic indicators to track the cycle. Scores range from 1 (contraction) to 5 (expansion), with a higher reading suggesting that conditions for deals are favourable. Offices, which had lagged other sectors, now has a score of 2.7. Logistics and industrial, residential, retail and hospitality have scores ranging from 3 to 3.2. The “all property” figure is 3. 🗞 There’s also news on a Greenwich retail site up for grabs; a Square Mile office for sale that could be yet another hotel conversion; and new occupiers at a Bruntwood SciTech scheme in Birmingham. 🎤 And today you can read about – and watch – the talks from all seven of this year’s EG Future Leaders, exploring the impact real estate can have on all of our lives for the better. Enjoy. All this and lots more here. https://lnkd.in/eshEyf3a

Crow Holdings and Lincoln Property Co. are a couple of institutional giants spearheading a major revival in the retail real estate sector. Retail is demonstrating remarkable resilience post-pandemic, with open-air centers flourishing and robust tenant demand fueling renewed interest. As vacancies decrease and foot traffic rebounds, the sector is not only recovering but also poised for significant growth, bolstered by maintaining strong tenant relationships. #retailrealestate #investmenttrends #retailcomeback #investmentopportunities #REITs Source: https://hubs.li/Q02Khs7z0

Maximize Your Returns with Retail Real Estate Investments Stay informed about the latest trends and strategies in Canadian retail properties. From land development to office-retail integrations, we provide valuable insights for savvy investors. Connect with us for more updates. #RetailRealEstate #InvestmentStrategies #CanadaRealEstate

Megawarehouse Lease Deals in U.S. Increase in 2024 In the first half of this year, the U.S. saw a significant increase in leases for mega warehouses (1 million sq. ft. or larger), with 31 leases signed—a 35% rise from the 23 recorded in the same period last year. The report by CBRE highlights that traditional retailers and wholesalers led the leasing activity with 30 leases, followed by third-party logistics providers (29), e-commerce operators (14), and food & beverage companies (13). This increase in lease deals on warehouses has reflected a robust demand for large-scale industrial spaces despite a slight drop in first-year lease rates for these properties which the growth in average lease size among the top deals underscores the trend towards larger spaces.