News Articles for CBRE

The law firm is set to occupy level 14 of the 43-storey tower.

The energy company has signed a five-year lease for the CBD tower, adding to a string of recent leasing deals in the CBD.

The Subiaco-based fund manager has purchased a $23 million retail centre near Ipswich.

The divestment of three fast food outlets in the past three months reflects a strong interest in the asset class.

Hotels are an increasingly attractive market segment for investors and owners.

Perth's office landscape continues to evolve as the city's focal point shifts.

The retail vacancy rate in the CBD has had a marginal decline amid Perth's core shopping strips showing signs of improvement, a recent report found.

The Adina Hotel on Barrack Street has been flagged for a refurbishment by its new owners, Sydney-based boutique fund manager Serene Capital.

Perth was the only city to see a decrease in its CBD vacancy rate in the last six months, to 14.9 per cent.

The Subiaco-based developer has bought two lots that were held by the Roche family for several decades.

The acquisition brings the national property fund manager's WA hotel acquisitions to $66 million.

Funds manager Greenpool Capital has bought northern suburbs neighbourhood centre Dianella Plaza for $76 million, flagging possible expansion plans.

Perth's office occupancy rate is 20 per cent above the national average, at 91 per cent.

GDI Property group has listed its 10-level carpark on the market after the ASX-listed property fund bought the asset in 2021.

ASX-listed miner Core Lithium will relocate its head office to 2 Mill Street in Perth's CBD from South Australia.

Perth will deliver 43,000 square meters of retail space over the next three years, limiting options for renters but raising profits for retail landlords.

Property Council figures show a 0.2 per cent lift in Perth's office vacancy to 15.9 per cent, the second highest in the country but amid an influx of new supply.

Senior journalists Claire Tyrrell and Jack McGinn discuss the different opinions on changes and trends playing out in Perth's property market.

New research from CBRE has shown a 0.2 per cent increase in available space in Perth's industrial properties, but it is still the second lowest nationally.

The Elizabeth Quay and Melbourne hotels are expected to fetch $500 million.

The move marks the second major leasing deal in a month for the 43-storey tower, and follows the departure of oil and gas giant Chevron.

The purchase represents the property fund's second acquisition from the Vukelic family this year.

The property mogul and the restaurateur have bought the P&O Hotel for $5.3 million, as part of their expansion into Fremantle's west end.

The wealth management firm will relocate to the St Georges Terrace tower, marking the first major leasing transaction since Chevron's exit.

The search for an experienced operator is on after Perth Airport announced plans for its first hotel development, which is set to offer 250 rooms for visitors.

Movement from private and public stakeholders at Perth City Link could turn the tide finally for the embattled precinct.

Changing worker requirements are driving growth in Perth's flexible workspace realm.

Perth's office market is showing signs of strengthening.

Recent moves in the industrial property sector show the market should continue to outperform this year.

IP Generation has acquired AMP Capital's half stake in a Rockingham shopping centre for $180 million, with Vicinity Centres retaining the other 50 per cent as co-owner.

The Property Council's latest biannual office market report shows a slight drop in Perth's office vacancy in the six months to January 2023.

The property fund paid $15 million for the retail asset, anchored by Coles.

The multinational group has divested $522.5 million of retail assets, including Willetton's Southlands Boulevarde for $92.5 million.

Our weekly appointments wrap includes Fiona Hick, Christopher Kohne, Brodie McCulloch, Zahra Peggs, Dean Misdale, Kevin Wilson, Hanno Van Der Merwe, Julian Anthony, Derek La Ferla, Fiona Campbell and Theo Smyrniotis.

CBRE has appointed Theo Smyrniotis to the role.

Properties & Pathways has sold off its industrial and logistics portfolio, comprising 120,000sqm of property across three states.

Industry experts say rental growth in the industrial sector may stall, as tenants grapple with affordability constraints.

STRUT Dance will be the first of many arts groups to use the long-shuttered Liberty Theatre in central Perth.

A spate of transactions in Perth's CBD is set to occur, with the low-profile Baldock family among the prospective buyers.

Shopping centre owners are increasingly exploring ways to incorporate residential components into retail districts.