PRIMEWEST has added two new shopping centres to its recently launched Australian “daily needs” trust, taking its spend in the last three weeks to $126.5 million on neighbourhood shopping centres as retail landlords look for pandemic-proof assets. Two Woolworths-anchored centres acquired from Charter Hall in Sydney suburbs Pemulwuy and West Ryde follow the recent purchase of the Spring Farm…

THE startling fall in activity across the construction industry slowed in June, but lower employment levels, new orders uncertainty around future immigration levels suggest an ongoing wait for recovery. The latest Australian Industry Group/Housing Industry Association Australian Performance of Construction Index rose by 10.6 points to 35.5 in June, indicating conditions remained negative. However…