Thursday, 10th August 2017
National Retail Vacancy Update (AFR Pg. 32) The shopping centre average vacancy rate – excluding the CBD retail – has risen 0.7% from 2.6% in December 2016 to 3.3% in June 2017. The CBD vacancy rate decreased 0.5% – from 6.8% to 6.3%. New South Wales Lake Macquarie Pub Sold (AFR Pg. 43) A local publican has acquired the 2307m² ‘Orana Hotel’ at 20 Pacific Hwy, Blacksmiths for $4.2 million ($1’821/m² per permissible site area) from Pelathon Management. The pub facilities includ