Perth-based tertiary education group Navitas is set to move its administrative headquarters to Brookfield Place, leasing the entire eighth floor of the 45-level tower.
Sydney-based Tourism Property Investment Group has appointed commercial agent CBRE to sell the Ibis Budget Hotel on Great Eastern Highway, part of a nation-wide portfolio shuffle.
Midland's Dome Coffees franchise opposite the Midland Gate Shopping Centre has been sold to a private investor for $2.7 million, in a deal brokered by commercial real estate group CBRE.
National funds management group CorVal has acquired three industrial properties leased by steel and plastic packaging group PACT Group, including a site at 175 Bannister Road in Canning Vale.
Henderson's Ship and Dock Inn, a prominent watering hole at the Australian Marine Complex, has been listed for sale by commercial real estate agency CBRE.
Singapore development giant Fragrance Group has bought a CBD site from Luke Saraceni's joint venture with Sirona Capital, Westbridge Property Group, for $40 million.
Aged care, family services and community health group MercyCare is moving to West Perth, after buying an office building at 38 Ord Street for $11 million.
Western Australia-based Brownes Dairy's head office, processing and distribution centre in Balcatta has been bought by national developer Stockland, in a deal worth $53.5 million.
Welshpool is emerging as a hotspot for industrial land transactions, with more than $65 million in deals recorded in the current financial year, and over $29 million in the last quarter alone.
Sneaker retailer Hype DC will open a new flagship store at the entrance to Carillon City, which is emerging as a location of choice for national and international fashion retailers.
Perth's industrial land sector is likely to experience a short-term supply shortage, with land values the most expensive in the nation and high construction costs affecting developers' ability to create new facilities.
Lack of supply of large, well-located office and retail assets in Perth's commercial property market has resulted in the total value of sales falling to less than half of what they were 12 months ago.
Rising vacancies and falling rents in Perth's CBD office market are putting tenants in prime position to score favourable deals, while the conditions could also result in potential bargains for institutional investors.
Owners of older office buildings in central Perth are struggling to find tenants, with the latest Office Market Report showing a widening gap between premium buildings and the rest of the market.
Investor confidence and demand for business premises will generate opportunities in the property sector in 2014, but it won't be in the traditional high transaction area of office leasing.
An ample supply of industrial land coupled with softening conditions in the resources sector could lead to downwards pressure on rents, new research has found.
Perth's office sublease space has increased by more than 70 per cent since the start of the year but supply is likely to have reached its peak, according to the latest research from CBRE.
Darren Tapscott has been appointed as an associate director in commercial real estate agency CBRE's national agribusiness team.Mr Tapscott is the team's first WA appointment.
The managing director of collapsed Perth building firm Gavin Construction made an unsuccessful last-ditch bid to recover a failed Karratha laundry project just weeks before appointing administrator
The state's retail market will remain the nation's strongest over the next 12 months, despite consumer spending growth expected to ease as expansion in the resources industry tails off, new researc
Perth's residential property sector is expected to continue to grow despite mining investment reaching its peak over 2013-2014, new research from CBRE says.
An industrial property in O'Connor is part of a portfolio of packaging manufacturer PACT Group's warehouses being brought to market by privately-held investment company Centralbridge, which expects to reap around $80 million from the sales.
