Aldi is set to build a supermarket on the former Captain Stirling shops site in Nedlands, after clearing a planning hurdle in a meeting that lasted more than four hours.
International supermarket chain Aldi has renewed its interest in Captain Stirling Shopping Centre in Nedlands, submitting a fresh $12 million application for the site.
A $25 million revamp of the Captain Stirling Hotel site in Nedlands, including a multi-storey supermarket, has been given the green light after more than two years in limbo.
Western Australia's neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.
Supermarket giant Aldi is facing headwinds on its plan to acquire and demolish the Hilton Fresh shopping centre and construct one of its own supermarkets on the site, with local residents and the City of Fremantle raising concerns over the design of the proposal.
Private investment group Silverleaf Investments has added to its retail portfolio, buying the Millstream Shopping Centre in South Perth for $13.6 million.
Aldi has bought the Captain Stirling Shopping Centre in Nedlands, with the store expected to be among the first of 20 the Germany-based retail giant intends to open in Western Australia between Jun
