The Warehouse Group has announced the final sale of its Newmarket location in an unconditional contract that is due to be completed in July of this year.
New Zealand retailers are being forced to use bigger spaces to create a ‘presence’ of their brand in stores to combat the loss of foot traffic due to online shopping growth.
As part of our series that explores the retail industry's greatest moves of the past year, we talked to JLL national director of sales and leasing on the year that was in retail property, and asked for some predictions for 2017.
The New Zealand retail industry is becoming much meaner and leaner, a report by property company Colliers says today. Retailers are streamlining their operations and managing their properties better to meet the changing demands of consumers. We take a closer look at the report’s findings and how New Zealand’s different cities are faring.
The first stage of the Bay of Plenty’s newest shopping centre, the Tauranga Crossing in Tauriko, is gearing up to open in September. The centre will be home to more than 20 specialty stores, while also providing dining, banking and health services.
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International fast fashion giant Cotton On has purchased its first ever shopping centre in no other country than little old New Zealand. It bought Papamoa's Fashion Island shopping centre off a group of business people earlier this year for $6.25 million. We talked to country manager Mark Singleton about the move.