Coinciding with the launch of our large format retail precinct in Ellenbrook over the weekend, our CEO Nigel Satterley sat down with The Australian Financial Review's Michael Bleby to talk about our expansion and diversification into commercial real estate, currently underway. “Conservatively now we’ve got $500-$600 million of these assets under our control,” Satterley told The Australian Financial Review . “We’ve got an immediate pipeline for a further $500 million and we believe that we would have the potential, on an annual basis if we can get the sites, to develop at a rate of $750 million-$1 billion per year.” “We will develop neighbourhood shopping centres, convenience stores, day care centres, large format retail – where we’ve been quite successful – then we’ll be in a position to buy existing assets that come on the market.”
Nigel Satterley talks expansion and diversification into commercial real estate
More Relevant Posts
-
Retail #CRE Transaction: Lotus Capital Corp. has acquired a portfolio of four, Eastern Ontario shopping centres from Choice Properties REIT. The properties are all grocery-anchored, and located in the communities of Kingston, Cornwall, Hawkesbury and Rockland. Details... #realestate #commercialrealestate #shoppingcentres #retail #property #ottawa https://lnkd.in/gF337q24
To view or add a comment, sign in
-
Retail absorption in Orlando may be hindered by space #availability, but it's not deterring retailers and restaurants seeking space in the market. Household growth in the past five years totals 15%, and that continues to attract new-to-market tenants, and those in #expansion mode. For this latest story, I spoke with Rebekah Marrero of Atrium Commercial Real Estate and Jason Kaiser, CCIM of SRS Real Estate Partners in Orlando to better understand the deal landscape, and how it is impacting rent growth. Tight vacancies in high barrier to entry markets are prompting tenants to move forward on any viable space that becomes available but getting deals to pencil remains a hurdle. To learn more, CoStar subscribers can read on for the full story.
To view or add a comment, sign in
-
Retail Division | October Report Miami’s retail market is entering a phase of cautious stability following several years of expansion. Vacancy has edged slightly higher to 3.1%, while rents have leveled off near $49 per square foot—a sign of balance between tenant demand and limited new supply. Despite slower population growth, tourism and consumer spending continue to sustain strong retail performance across Miami-Dade. This month’s investment spotlight highlights County Square Shopping Center in Northeast Dade, a fully leased property offering value-add potential through rental increases and tenant renewals. With a prime location near major traffic corridors, it demonstrates how well-positioned assets continue to deliver long-term value in a competitive retail landscape. #USFRealEstate #USFMumaCollegeOfBusiness #RetailRealEstate #CommercialRealEstate #CRE #MiamiRetail #MarketReport #RealEstateInvesting #USF #RealEstateSociety #RetailDivision #SouthFloridaRealEstate
To view or add a comment, sign in
-
JLL has secured the sale of Hillside Town Center, a 160,330-square-foot open-air retail center located in Hillside, Illinois, within the Chicago MSA. Read more: https://lnkd.in/eHWxeHFQ Hutensky Capital Partners, Edgemark Michael Nieder, Brian Page #CRE #CREnews #Retail
To view or add a comment, sign in
-
JLL is pleased to continue its longstanding relationship with Shopping Centre News Australia, with the most recent Mini Guns edition. The editorial showcases Australia’s top-performing neighbourhood centres and their ongoing strength as convenience hubs for the community. The JLL team shares our insights into the neighbourhood centre investment market and the positive tailwinds set to benefit the sub-sector, including: Sector Insights - An additional $8.9 billion in Food and Grocery spend to enter the market by 2029 - 173 new supermarkets are required to be built to service this growing demand - Only 56 new supermarkets are likely to be delivered, resulting in a significant undersupply Transaction Insights - Private investors own an impressive 76% of Australia’s neighbourhood centres - Due to tightly held ownership 61% of all neigbhourhood centre transactions since 2020 have occurred off-market - Ongoing heightened demand for neighbourhood centres to drive further yield compression - JLL observing that average bidder depth has risen from four to seven offers over the last 18-months If you would like to receive a copy of JLL’s latest report, please contact the team. #JLL #CommercialRealEstate #Retail #ShoppingCentreNewsAustralia #SCNMiniGuns #RetailSectorInsights Nick Willis Sam Hatcher Sam Linden David Mahood Sebastian Fahey Brendan Higgins James Hayward George Daley Sophie Alford Pip Lamb Ned McKendry Jacob Swan Will Morris Liam Cox Tom O’Rorke Stuart Taylor Tom Noonan Dominic McGrath Romanor Falconer Victoria Robinson
To view or add a comment, sign in
-
-
🛍️ Q3 2025 Lincoln Retail Market Overview by Grace Newton, Principal | Lee & Associates Nebraska Lincoln’s retail market continues to prove its strength with a tight 2.2% vacancy rate and very little new construction in the pipeline. Space is so limited that the city would need to lease another 290,000 square feet in Q4 just to catch up with last year’s pace. That alone tells you how little turnover we’re seeing and how steady tenant demand has remained. Sales activity has cooled a bit compared to 2024’s record year, landing around $50 million year-to-date, but investor confidence hasn’t wavered. Properties that come to market are moving quickly, especially those in strong trade areas like SouthPointe and 84th & O Street. A great example of that momentum is Lee & Associates’ own Ammar Abu-Hamda, who represented the buyer in the largest retail sale of the quarter — proof that well-located assets are still drawing serious interest. Lincoln’s retail scene continues to do what it does best: stay disciplined, consistent, and locally driven. Strong tenants, thoughtful development, and long-term investor faith are keeping this market steady and positioned for continued growth. #LincolnRetail #CommercialRealEstate #RetailMarketUpdate #LeeAndAssociates #NebraskaCRE #RetailLeasing #MarketTrends #LincolnBusiness #RealEstateInvesting #RetailSpace #CREInsight #LeeRetail
To view or add a comment, sign in
-
Vancouver-based Lotus Capital Corp. has acquired a four-property Eastern Ontario grocery-anchored portfolio of shopping centres from Choice Properties REIT, reported Real Estate News Exchange (RENX). "Lotus said the 292,000-square-foot portfolio includes grocery and needs-based shopping centres in the communities of Kingston, Cornwall, Rockland and Hawkesbury. “This transaction reflects our disciplined approach to capital deployment and the strength of the relationships that enable us to execute with confidence,” Shenoor Jadavji, founder and CEO of Lotus Capital, said in the announcement. “It is a strong strategic fit within our broader retail thesis and supports our continued expansion into well-established, necessity-based markets.” "Financial details of the transaction have not been disclosed." https://lnkd.in/g_PPpFMg #ontario #retail #sales
To view or add a comment, sign in
-
Retail / High Street Pressure Continues A major UK dessert chain (100+ locations) has abruptly closed a city‑centre branch in Liverpool following enforcement and rent arrears. Takeaway for property owners: - Retail and hospitality tenants remain under pressure - closures mean voids, renegotiations, uncertain rental streams. - Assets previously let on retail‑heavy leases may need to be assessed for alternative uses. At Heritage Property Investing, we support landlords with proactive repositioning: converting retail units into more resilient uses (residential, serviced living, specialist uses) before voids erode value. If you have a retail unit under stress or facing tenant risk, talk to Heritage about conversion strategies to create future‑proof income. #ukproperty #commercialproperty #propertyinvestment #retailcrisis
To view or add a comment, sign in
-
-
Retail remains resilient, and Chicago is right in the mix. CBRE’s Q3 2025 U.S. Retail Figures highlight a national retail market that’s stabilizing and showing renewed demand. Availability held steady at 4.9%, and net absorption turned positive (totaling 1.8M SF) for the first time this year, signaling that openings and expansions are beginning to outpace closures. National Highlights: 📉 Availability: 4.9% 🏗️ Completions: 5.1M SF 💵 Average Rent: $24.92/SF (+1.8% YoY) While new construction remains below long-term norms, both developers and retailers are concentrating on prime, necessity-based locations — the same type of dense, urban retail corridors that define downtown Chicago. Our team continues to see consistent leasing momentum across key neighborhoods — from Fulton Market to River North and Michigan Avenue — fueled by F&B operators, boutique fitness concepts, and neighborhood retail that bring daily energy to the streetscape. The fundamentals are strong, and Chicago continues to prove it’s a market worth investing in. #RetailRealEstate #ChicagoRetail #CBRE #Leasing #CommercialRealEstate #RetailTrends #UrbanRetail
To view or add a comment, sign in
-
SOUTH FLORIDA CRE: CBRE Facilitates Sale Of Wilton Station Shops In Wilton Manors The retail property traded for $325 per square foot. Read more at https://lnkd.in/g_HwtKHz #retail #southfloridacre #southfloridarealestate #commercialrealestate #realestate #cre
To view or add a comment, sign in
-