National construction outfit Built Holdings will start work shortly on Charter Hall Group's $240 million redevelopment of Raine Square, after being appointed as primary contractor.
One of institutional property group Charter Hall's investment funds has bought The Ship Inn in Busselton, part of a $23.2 million sale and leaseback deal with Australia's biggest pub owner, ALH Group.
Banking giant Westpac has been confirmed as the newest tenant for Brookfield Place Tower 2, as one of the city's newest office towers moves towards full occupancy.
Sydney-based property fund manager and investment group CorVal has made a big acquisition in Western Australia, buying Northbridge office building WorkZone East from Charter Hall in a $68.2 million deal.
SPECIAL REPORT: Local developer and syndicator Primewest joined the list of Western Australia's top three office landlords following its $113 million purchase of a 50 per cent stake in Exchange Tower.
Hoyts Group has announced plans to open a new cinema complex in Karrinyup and redevelop its Garden City complex, as part of shopping centre redevelopments in those areas.
One of Perth's newest office precincts is in line to get a fresh face, with Charter Hall seeking to build a second tower at Raine Square, part of a $150 million redevelopment plan.
Interest in commercial property in Perth's CBD is on the rise, with interstate institutional groups and syndicators eyeing Perth as an alternative to crowded and competitive eastern states markets.
A newly-established trust managed by Charter Hall has purchased four properties leased by Perth-based Automotive Holdings Group in a deal worth $82 million.
Property syndicator APiL says it only took a matter of days to raise the equity required to buy Ballajura Central shopping centre from Charter Hall REIT.
Recent sales in Perth's commercial property market show appetite remains for well-located assets with strong leasing profiles, but activity levels are still well down historically as the shadow of rising vacancies looms large over the city.
Port Hedland investors and developers are proving to be resilient and opportunistic, but it remains to be seen how the Pilbara town will successfully diversify from its resources-reliant economy.
Perth-based vehicle retailer Automotive Holdings Group has sold three of its east coast properties to trusts managed by Charter Hall, for $50.5 million.
Western Australia's neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.
Engineering services company RCR Tomlinson has announced it will sell and lease back four properties for $37.5 million, with the proceeds to be used to pay down debt.
Institutional investors, both in Australia and overseas, are increasingly focused on Perth industrial property, with investment yields tipped to crack 8 per cent for prime grade assets.
Charter Hall Group and hospitality industry super fund Hostplus have acquired 54 pubs and liquor stores from ALH Group, including the Hyde Park Hotel and the Dunsborough Tavern among several from Western Australia, in a sale and lease-back deal worth more than $600 million.
Property transactions in the agribusiness sector are heating up, with considerable activity in the first six months of 2014, according to Colliers International.
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.
Property firm Charter Hall Group has added to its portfolio of Bunnings stores with a $127 million acquisition of stores in Western Australia and Queensland.
Leasing activity in Perth's industrial land sector is beginning to show the first signs of recovery after a slow 2013, according to a leading sales agent, while at the same time demand from institu
Perth's CBD office market is still proving to be attractive to offshore investors, with the office building at 130 Stirling Street sold to a Singaporean firm for $90 million.
GDI Property Group and Charter Hall have formally launched investment offers this week, giving wholesale investors an opportunity to buy a stake in two major Perth office buildings.
Westfield Group looks set to offload its stake in two major shopping centres in suburban Perth just days after it was given the green light to increase ownership of the Karrinyup centre.
The campaign to sell Colonial First State Global Asset Management's half share of Exchange Plaza appears to have hit a speed bump amid concerns over the tower's key tenant.
The purchase by Dexus of the first three towers in the Kings Square precinct caps a stellar month for city office sales as the major property groups home in on the new opportunities in Perth's expanding
