Property syndicate Quadrant Investments has secured Sydney Tools as a tenant at its Malaga premises, marking the industrial power tool retailer's initial foray into Western Australia.
A syndicate headed by Quick Corporate Australia chairman Amu Shah has bought a retail property in Canning Vale for $17.7 million, in a deal brokered by Vend Property.
Western Australia is increasingly on the radar of Chinese property investors, with commercial agents and developers hoping to replicate the success of their Sydney and Melbourne counterparts in sourcing significant capital from this cashed-up cohort.