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Other Developments
A curated list of other prominent stories from this day.
9:46 PMPropertymarkets News
Coles, Woolworths and ALDI-anchored Neighbourhood Centres
Summary
Stonebridge Property Group Retail Investments and Colliers Retail Middle Markets have been appointed to market NorthWest Plaza in Queensland and The Village Australind in Western Australia. Both neighbourhood centres are anchored by major supermarket operators including Coles, Woolworths and ALDI.
The decisive shift is that two supermarket-anchored retail assets have formally entered the market, creating
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Why it matters
The campaigns will indicate how investors are valuing supermarket-backed retail assets across different Australian markets.
Construction Begins on $280M Fortitude Valley Office Tower
Summary
Goldfields has begun construction on 88 Robertson, a $280 million, 16-storey A-Grade office development in Brisbane's James Street precinct. The project adds a major new commercial building to Fortitude Valley's office market.
Construction has moved the project from proposal to delivery, committing substantial capital to new premium
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Why it matters
The project signals continued confidence in Brisbane's premium office market despite broader pressure on commercial property development.