In a transaction reaffirming capital demand for key metropolitan shopping centres, a 50% interest in Sunshine Marketplace has sold for $71 million.The sale was exclusively handled byJLL’s Sam HatcherandNick Willisthrough a direct off-market process to private investor.Sunshine Marketplace is a large-scale sub-regional shopping centre holding located just 12km from Melbourne CBD. Underpinned by a 12.3-hectare land holding, the Centre is a strategic gateway site to the growing western Melbourne catchment.Sam Hatcher, JLL’sHead of Retail Investments Australia & New Zealand,noted, “Opportunities to acquire metropolitan shopping centres in close proximity to the CBD are rarely presented along the East Coast of Australia. Sunshine Marketplace marks just the fourth Sub-Regional shopping centre to trade in Melbourne on a 12-hectare-plus land holding in the last 15-years.”Located adjacent to the Melbourne-Bendigo railway line, the Centre has a strategic tenant mix anchored by Woolworths, Big W and Village Cinema. The Centre has a total lettable area of 33,997 sqm, with masterplan approval for an additional ~190,000 sqm of mixed-use floor space.Nick Willis, Executive Director of Retail Investments Australia & New Zealand, highlights, “Capital depth for Australian retail is intensifying, led by a global resurgence following strong sector performance in the US. We are now beginning to see major investors re-enter the market across all retail sub-sectors.”Sunshine Marketplace has a strategic location within Melbourne, at the epicenter of investment and connectivity, with the State and Federal governments committing more than $120 billion to Western Melbourne, delivering projects such as the Suburban Rail Loop and Melbourne Airport Rail – Melbourne’s first airport rail service, which will travel directly through the suburb of Sunshine.Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
In a transaction reaffirming capital demand for key metropolitan shopping centres, a 50% interest in Sunshine Marketplace has sold for $71 million.The sale was exclusively handled byJLL’s Sam HatcherandNick Willisthrough a direct off-market process to private investor.Sunshine Marketplace is a large-scale sub-regional shopping centre holding located just 12km from Melbourne CBD. Underpinned by a 12.3-hectare land holding, the Centre is a strategic gateway site to the growing western Melbourne catchment.Sam Hatcher, JLL’sHead of Retail Investments Australia & New Zealand,noted, “Opportunities to acquire metropolitan shopping centres in close proximity to the CBD are rarely presented along the East Coast of Australia. Sunshine Marketplace marks just the fourth Sub-Regional shopping centre to trade in Melbourne on a 12-hectare-plus land holding in the last 15-years.”Located adjacent to the Melbourne-Bendigo railway line, the Centre has a strategic tenant mix anchored by Woolworths, Big W and Village Cinema. The Centre has a total lettable area of 33,997 sqm, with masterplan approval for an additional ~190,000 sqm of mixed-use floor space.Nick Willis, Executive Director of Retail Investments Australia & New Zealand, highlights, “Capital depth for Australian retail is intensifying, led by a global resurgence following strong sector performance in the US. We are now beginning to see major investors re-enter the market across all retail sub-sectors.”Sunshine Marketplace has a strategic location within Melbourne, at the epicenter of investment and connectivity, with the State and Federal governments committing more than $120 billion to Western Melbourne, delivering projects such as the Suburban Rail Loop and Melbourne Airport Rail – Melbourne’s first airport rail service, which will travel directly through the suburb of Sunshine.Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
The sale was exclusively handled byJLL’s Sam HatcherandNick Willisthrough a direct off-market process to private investor.Sunshine Marketplace is a large-scale sub-regional shopping centre holding located just 12km from Melbourne CBD. Underpinned by a 12.3-hectare land holding, the Centre is a strategic gateway site to the growing western Melbourne catchment.Sam Hatcher, JLL’sHead of Retail Investments Australia & New Zealand,noted, “Opportunities to acquire metropolitan shopping centres in close proximity to the CBD are rarely presented along the East Coast of Australia. Sunshine Marketplace marks just the fourth Sub-Regional shopping centre to trade in Melbourne on a 12-hectare-plus land holding in the last 15-years.”Located adjacent to the Melbourne-Bendigo railway line, the Centre has a strategic tenant mix anchored by Woolworths, Big W and Village Cinema. The Centre has a total lettable area of 33,997 sqm, with masterplan approval for an additional ~190,000 sqm of mixed-use floor space.Nick Willis, Executive Director of Retail Investments Australia & New Zealand, highlights, “Capital depth for Australian retail is intensifying, led by a global resurgence following strong sector performance in the US. We are now beginning to see major investors re-enter the market across all retail sub-sectors.”Sunshine Marketplace has a strategic location within Melbourne, at the epicenter of investment and connectivity, with the State and Federal governments committing more than $120 billion to Western Melbourne, delivering projects such as the Suburban Rail Loop and Melbourne Airport Rail – Melbourne’s first airport rail service, which will travel directly through the suburb of Sunshine.Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
Sunshine Marketplace is a large-scale sub-regional shopping centre holding located just 12km from Melbourne CBD. Underpinned by a 12.3-hectare land holding, the Centre is a strategic gateway site to the growing western Melbourne catchment.Sam Hatcher, JLL’sHead of Retail Investments Australia & New Zealand,noted, “Opportunities to acquire metropolitan shopping centres in close proximity to the CBD are rarely presented along the East Coast of Australia. Sunshine Marketplace marks just the fourth Sub-Regional shopping centre to trade in Melbourne on a 12-hectare-plus land holding in the last 15-years.”Located adjacent to the Melbourne-Bendigo railway line, the Centre has a strategic tenant mix anchored by Woolworths, Big W and Village Cinema. The Centre has a total lettable area of 33,997 sqm, with masterplan approval for an additional ~190,000 sqm of mixed-use floor space.Nick Willis, Executive Director of Retail Investments Australia & New Zealand, highlights, “Capital depth for Australian retail is intensifying, led by a global resurgence following strong sector performance in the US. We are now beginning to see major investors re-enter the market across all retail sub-sectors.”Sunshine Marketplace has a strategic location within Melbourne, at the epicenter of investment and connectivity, with the State and Federal governments committing more than $120 billion to Western Melbourne, delivering projects such as the Suburban Rail Loop and Melbourne Airport Rail – Melbourne’s first airport rail service, which will travel directly through the suburb of Sunshine.Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
Sam Hatcher, JLL’sHead of Retail Investments Australia & New Zealand,noted, “Opportunities to acquire metropolitan shopping centres in close proximity to the CBD are rarely presented along the East Coast of Australia. Sunshine Marketplace marks just the fourth Sub-Regional shopping centre to trade in Melbourne on a 12-hectare-plus land holding in the last 15-years.”Located adjacent to the Melbourne-Bendigo railway line, the Centre has a strategic tenant mix anchored by Woolworths, Big W and Village Cinema. The Centre has a total lettable area of 33,997 sqm, with masterplan approval for an additional ~190,000 sqm of mixed-use floor space.Nick Willis, Executive Director of Retail Investments Australia & New Zealand, highlights, “Capital depth for Australian retail is intensifying, led by a global resurgence following strong sector performance in the US. We are now beginning to see major investors re-enter the market across all retail sub-sectors.”Sunshine Marketplace has a strategic location within Melbourne, at the epicenter of investment and connectivity, with the State and Federal governments committing more than $120 billion to Western Melbourne, delivering projects such as the Suburban Rail Loop and Melbourne Airport Rail – Melbourne’s first airport rail service, which will travel directly through the suburb of Sunshine.Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
Located adjacent to the Melbourne-Bendigo railway line, the Centre has a strategic tenant mix anchored by Woolworths, Big W and Village Cinema. The Centre has a total lettable area of 33,997 sqm, with masterplan approval for an additional ~190,000 sqm of mixed-use floor space.Nick Willis, Executive Director of Retail Investments Australia & New Zealand, highlights, “Capital depth for Australian retail is intensifying, led by a global resurgence following strong sector performance in the US. We are now beginning to see major investors re-enter the market across all retail sub-sectors.”Sunshine Marketplace has a strategic location within Melbourne, at the epicenter of investment and connectivity, with the State and Federal governments committing more than $120 billion to Western Melbourne, delivering projects such as the Suburban Rail Loop and Melbourne Airport Rail – Melbourne’s first airport rail service, which will travel directly through the suburb of Sunshine.Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
Sunshine Marketplace has a strategic location within Melbourne, at the epicenter of investment and connectivity, with the State and Federal governments committing more than $120 billion to Western Melbourne, delivering projects such as the Suburban Rail Loop and Melbourne Airport Rail – Melbourne’s first airport rail service, which will travel directly through the suburb of Sunshine.Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
Sam Hatchercontinues, “Across all traditional retail sub-sectors, Sub-Regional Centres have recorded the tightest supply of deal volumes in 2025, down 32% YoY, despite total deal volumes for retail property up 56% YoY. This tightening of supply within the Sub-Regional space, which has been the most liquid over 2022-24, is leading to strong demand and yield compression as a growing weight of capital looks to deploy into the sub-sector.”Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
Nick Willisfurtherexplains, “We are now entering a period of capital deployment convergence of institutional, syndicators and private investors looking to acquire. Sub-Regional assets due to their price point and typically stronger liquidity, are the beneficiary of the majority of capital inflows; however restricted supply throughout 2025 is challenging the deployment of capital into the sub-sector.”Previous ArticleNext Article
