News Articles for AAIG

Perth's office market is showing signs of strengthening.

The state government has asked the developers behind a proposed 54-storey glass tower at Elizabeth Quay to provide more information before it can be approved.

Telethon and the MACA Cancer 200 Ride for Research raised a record-breaking $69 million for medical research over the weekend.

Dexus has spent $339 million on a 49 per cent equity stake in Capital Square Tower 1, home to Woodside's headquarters in Perth's CBD.

Perth may have the highest office building vacancy rate nationally, but that's done little to dampen the confidence of investors, developers and real estate agents.

Although the pandemic has emphasised business can be done from anywhere, commercial property players are banking on the value of four walls.

Brookfield Properties has received development approval for its plans to build two mixed-use towers at Elizabeth Quay.

Telethon 2020 raised a record $46.3m for the Channel 7 Telethon Trust over the weekend, with 14 donors contributing the lion's share of the money.

CBRE's latest office report has highlighted how minimal new office supply entering the Perth market could help shelter it from the brunt of COVID-19.

Revised plans for two new towers at the old Emu Brewery site in Perth have officially been given the green light, following the City of Perth Local Development Assessment Panel's recommendation for approval by absolute majority last week.

SPECIAL REPORT: Commercial developers are continuing to prepare for more favourable conditions in Perth's office market.

Western Australia's two biggest charity events, Telethon and the MACA Cancer 200 Ride for Research, raised a collective $47.4 million for medical research over the weekend.

Malaysian developer Victor Goh has lodged plans to build two new towers at Capital Square, with another office building and an apartments complex proposed alongside Woodside Petroleum's headquarters, Mia Yellagonga.

A handful of big, integrated, high-rise projects with a combined value of $2.2 billion will reshape the waterfront site.

Perth's next wave of CBD developments is taking shape, with Brookfield Property Partners' plans to add an 8-storey office tower to a redeveloped Elizabeth Quay busport approved this week, and its $360 million riverside headquarters for Chevron also understood to have gotten the nod from planning authorities.

WA's biggest construction contractor, Multiplex, has extended its scope of works at AAIG's Capital Square, having been appointed to deliver fit-out works at the office development, which will becom

Perth's upcoming development pipeline has a distinctly international flavour.

The potential to create iconic developments at Elizabeth Quay may be proving a lure too attractive to resist for Malaysian developer Victor Goh.

The state government says it expects to reap about $300 million from the sale of all nine lots at Elizabeth Quay, with three offers being considered for the last vacant site.

Woodside Petroleum's impending move to its new offices has provided an unexpected visibility and branding boost, with the oil and gas company's logo appearing on two prominent Perth CBD skyscrapers.

SPECIAL REPORT: New office development is grinding to a halt, but landlords are nonetheless aggressive in attempts to attract tenants to the city.

Elizabeth's Quay's newest project is a big step forward for one of Malaysia's most prolific developers.

Lease Equity has signalled strong intentions to shake-up Perth commercial office sales, widening its focus outside of retail property by establishing a capital markets division headed up by industry stalwart Brett Wilkins.

A public art gallery and viewing platform 45 storeys above the ground will create a new tourist drawcard at Elizabeth Quay, with the latest development at the state government's flagship redevelopment project unveiled today.

Perth's tourism sector is expected to receive a boost from the Ritz-Carlton & The Towers proposal at Elizabeth Quay, with national construction contractor Probuild confirming it has been appointed to undertake the project.

The Fini name is returning to Perth's property sector in a big way, with the Fini Group brand being revived for a series of apartment developments across the city.

A collaboration between Victor Goh's AAIG and Adrian Fini's private development firm, Fini Group, plans to develop apartments and a hotel at Elizabeth Quay, after offering $85 million for two lots.

With a record run of construction coming to a close, commercial developers are facing an uncertain few years in Perth's CBD. Click through to find the special report, which also looks at Perth's biggest landlords, place making, suburban office markets and a green technology company.

EXCLUSIVE: Construction giant Brookfield Multiplex has taken the inside rail from rival Probuild to win the main construction contract for Woodside Petroleum's new headquarters at the Old Emu Brewery site on Mounts Bay Road.

Perth's office market remains on solid footing despite a rising vacancy rate that's forecast to peak at 19 per cent in 2016, with pundits saying the state's strong economic fundamentals and a small construction pipeline past 2015 will bring balance back into the sector.

Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.

An application has been lodged with the City of Perth to amend the design of the office component of the much-awaited Capital Square development, the latest sign of progress at the old Emu Brewery site.

Woodside Petroleum quashed weeks of speculation this month when it revealed it would call Capital Square home from 2018.

Woodside Petroleum has confirmed it will be the anchor tenant at Capital Square, signing a memorandum of understanding with the site's developer, AAIG.

There are signs of progress at one of the city's most infamous vacant plots of land, the Old Emu Brewery site on Mounts Bay Road.