Property investment and funds management company Charter Hall have announced plans to acquire a 49% stake in BP Australia retail sites. The $840 million deal will see the company take a managed partnership in the $1.7 billion portfolio of 225 long weighted average lease expiry (WALE) convenience retail properties currently leased to BP Australia. The […]
This month, BP Australia, one of Australia’s leading fuel and convenience retailers, reopened its doors to its newly renovated Kings Way site in Victoria; the first concept store of its kind which heralds the future of convenience retail. Featuring modern interiors with yellow and charcoal accents, and wooden ceiling panels for a refreshed look and
BP Australia will not continue with the proposed acquisition of Woolworths’ retail fuel and convenience business, originally announced on 28 December 2016. Despite its best efforts, BP has determined the transaction cannot be structured to meet its strategic objectives. The decision does not deter BP Australia from its strategy to transform the retail convenience sector
The Australian Competition and Consumer Commission (ACCC) has announced that it intends to oppose the proposed acquisition of Woolworths Limited Petrol sites, by BP Australia.
The Australian Competition and Consumer Commission (ACCC) announced that it has delayed its consideration of BP’s proposed acquisition of Woolworth’s service stations, this time at the request of both parties involved.
The Australasian Association of Convenience Stores (AACS) held its Gala and Awards dinner, announcing the winners of awards such as Retailer of the Year, Supplier of the Year and a range of awards dedicated to women in convenience.
Inaugural Woman of the Year, Rising Star, and Store Operator of the Year named.