logo
Alceon follows wealthy downsizers to Coolangatta with $142m retail buy

Alceon follows wealthy downsizers to Coolangatta with $142m retail buy

Investment manager Alceon has paid $142 million to buy a shopping centre in Coolangatta and will invest an undisclosed further sum over the next five years to reposition The Strand to suit the southern Gold Coast's increasingly affluent beachfront population.
Alceon, founded in 2010 by Phil Green, Trevor Loewensohn and Morris Symonds, has partnered with retail consultancy Aktiv to acquire the Woolworths-anchored 32,000-square-metre centre with mixed-use retail, office and lifestyle space and 200 metres of beach frontage.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Woolworths, Coles, Aldi and Macca's to keep American beef off the menu
Woolworths, Coles, Aldi and Macca's to keep American beef off the menu

AU Financial Review

time2 days ago

  • AU Financial Review

Woolworths, Coles, Aldi and Macca's to keep American beef off the menu

The nation's largest supermarkets, Woolworths, Coles and Aldi will not stock US beef on their shelves even after the government lifted bans on the import of such products last week. The grocery giants are not alone, with iconic American fast food chain McDonald's – the food retailer that uses the most beef nationally – and Mexican fast food chain Guzman Y Gomez also opting out of using US beef in its burgers and burritos locally.

The army captain now helping corporates fight the mental health crisis
The army captain now helping corporates fight the mental health crisis

AU Financial Review

time2 days ago

  • AU Financial Review

The army captain now helping corporates fight the mental health crisis

Sonder founder and chief executive Craig Cowdrey says the COVID-19 pandemic almost sent the wellness app broke before it forced the start-up to change course. Today it is a major player in the employee assistance market. The health, safety and wellbeing platform has cracked more than 1.1 million members – a remarkable 16 per cent of the Australian workforce – and provides support to employees at companies as diverse as McDonald's, Woolworths, Volvo, David Jones, Mirvac, Hoyts, IAG, Guzman y Gomez and Nine Entertainment (publisher of The Australian Financial Review).

Bush Champions 2025: Meet the inspiring finalists for Australia's new rural leadership awards
Bush Champions 2025: Meet the inspiring finalists for Australia's new rural leadership awards

Herald Sun

time3 days ago

  • Herald Sun

Bush Champions 2025: Meet the inspiring finalists for Australia's new rural leadership awards

Don't miss out on the headlines from Victoria. Followed categories will be added to My News. The finalists for the inaugural Bush Champions Awards have been unveiled, celebrating inspiring leaders in rural and regional communities across Australia. The awards, supported by Woolworths, are part of this year's Bush Summit series that culminates with events in Broome, Mount Gambier, Toowoomba, Wagga Wagga, Ballarat and Darwin in late August. RELATED: Bush Summit 2025: What you need to know Six emerging leaders under 30 have been short-listed for the Young Champion award including 28-year-old Victorian Tup Forge, who made history this month as the first Australian to win the women's ranch bronc world championship in the US. She only started training 18 months ago before soaring to the top of rodeo competitions. Victorian Tup Forge has been short-listed for the Young Champion award. Picture: Chuck Miner The Young Champion shortlist also includes Queensland's Jarib Branfield-Bradshaw; Melissa Wurramarrba from the Northern Territory; and Emma Godsell, Josh Hurst and Josie Clarke from New South Wales. In the Ag Champion category, those in the running are Hannah Bamford and Linda Widdup from Victoria; Richard Cannon, Christine Chirgwin, Colin Wren and Jo Marshall from New South Wales; Queenslanders Lyn French and Bim Struss; and South Australia's Ben Wundersitz. Tup rides her horse Done Deal. There are 15 nominees for the Community Champion award, including Queenslanders Louise Martin, Katrina Starmer, Uncle Bill Speedy, and Paula Pool and Demelza Gardem, as well as Linda Blackwood and Raine and Tristan Holcombe from the Northern Territory. There are also several Victorians in the running: Anita Donlan, Jackie Elliot, Mick Giddings, Carlee Knight, Grace Larson, Katrina Lumb, Dan Rosendahl, Cheryl Telford and Leigh Wilson. The winners of each category will receive $2000. Woolworths Group chief executive Amanda Bardwell hailed the finalists for their achievements in their communities. 'Through our incredible team who serve in regional communities across Australia, I've witnessed first-hand the remarkable leadership, innovation and resilience that defines rural and regional Australia,' she said. 'I'm proud that, through the Woolworths Bush Champions Awards, we can celebrate and recognise inspiring Australians who are making a meaningful difference in their communities every day.' The winners of each category will receive $2000, with the overall Woolworths Bush Champion to receive an extra $10,000. They will be announced at the Bush Summit National Dinner – to be attended by Prime Minister Anthony Albanese – in Ballarat on August 28. To register to attend the Bush Summit event in your state, click here.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store