News Articles for Cygnet West

The two retail properties have significant redevelopment potential.

The property has sold to a healthcare provider after a deal with Kerry Stokes' Australian Capital Equity fell through.

The Public Transport Authority has purchased a Stirling Street property for $30 million, while the owners of Shafto Lane are expanding their footprint in a $19 million deal.

The fund manager is expected to attract more than double what it paid for the South Hedland apartment building.

A surge in listings is good news for the city's fledgling office market.

Fife Capital bought the asset from Hire Intelligence, in Perth's first CBD office transaction this year.

Perth's property agencies are shaking up their operations to position themselves for growth.

The ASX-listed company has bought a 33.4-hectare site for $12 million.

Jason Peterson has purchased an apartment block on South Perth's foreshore, paving the way for a luxury residential project.

The $27.85 million transaction adds to the company's hospitality assets in Dunsborough, Denmark and Fremantle.

The $74 million deal represents the biggest large format retail transaction nationally this year.

The long-vacant Fremantle building was purchased for $4.5 million by an entity wholly owned by Nicola Forrest.

The sale of 66 St Georges Terrace represents the largest Perth office building sale in two years.

The Nedlands property fund is raising capital to fund the transaction, estimated to be $35 million.

The WA syndicator has purchased a Subiaco office building from two separate owners.

The developer's $200 million Claremont Oval project is in doubt, after the project owner was placed into administration and the lender repossessed the site.

Our weekly appointments wrap includes Mark Scatena, Lachlan Lewis, Elodie Allegret, Emma Elliott, Tania Cecconi, Brendan Shalders, Grant Dyker, John Nolan, Jay Stephenson and Samantha Mostyn.

Industrial developers are doing what they can to incorporate renewables into their buildings.

A seven-storey apartment complex on Mill Point Road has sold for $9.5 million.

Real estate company Cygnet West has signed a three-year deal to sponsor Proptech Hub WA.

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

A West Perth building that formerly housed Thompsons fashion retailer has been sold for $2.3 million, changing ownership for the first time in almost a century.

Two taverns have been flagged in the City of Cockburn, with a $2.5 million Port Coogee site earmarked for one of the proposed venues.

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.

Hesperia has emerged as the leading proponent to redevelop two major car parks, which covers more than 12,800 square metres of land in Leederville.

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.

Rents for prime industrial space in Perth have grown at their fastest rate in more than two decades, research shows.

Moves by mining magnate Gina Rinehart to expand her company's presence in West Perth reflect broader sentiment in the area.

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

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 buildings that house The Standard and Japanese restaurant Kobe Teppanyaki have sold for a combined $5.5 million back to their original owners.

Institutional giant Centuria has reported a 19 per cent uplift across its releasing deals nationally, and says Perth is showing some of the highest growth.

The site, including a heritage-listed building, on the corner of Pier and Wellington streets is up for sale after a student accommodation plan failed to come to fruition.

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

Julie Drago is among the industry veterans identifying opportunities in an increasingly tightening industrial market.

Our weekly appointments wrap includes Pilar Kasat, Erica Campbell, Angela Dawson, Matthew Allen, Ian Burrows, Clinton Turner, Scott Hollier, Amanda Hunt, Linda McSherry, Tamsyn Howard and Luke Disbury.

Retirement home operator Arcadia Waters has purchased the 194-unit Lattitude Lakelands village for close to $5.5 million.

Vulcan Engineering bought the 1.5-hectare asset from a Queensland glass and aluminium manufacturer.

The real estate group has continued to grow since its former franchise rebranded to Cygnet West.

Our weekly appointments wrap includes Dunja Rmandić, Alan Pettigrew, Andrew Tome, Peter Mott and Mike Reynolds.