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.
After a record-breaking 2012, the past 12 months have been pretty quiet for new office construction in Perth, with little significant space to be added until 2015.
Perth's industrial land market is set to rebound from a subdued 2013, as Western Australia's strong economic fundamentals attract interest from institutional investors, new research from Colliers I
Colliers International has been appointed to manage two new facilities for the Harry Perkins Institute of Medical Research which will hold a combined value of $200 million when they open next year.
ALDI's imminent arrival in WA and continuing competition between the retail majors has sidelined many retail developers who just can't pay the big prices Coles and Woolworths will shell out for new sites.
Mining and construction equipment provider Hitachi will develop a $100 million facility at Forrestdale business park, providing a boost for several other commercial developments in the Armadale are
Bankwest has put its former administrative headquarters in Northbridge on the market, with agent Colliers International expecting the James Street property to stoke keen buyer interest.
THE lively start to the year for Perth's property market has continued, with four substantial retail and industrial properties changing hands in the past week in deals worth an estimated $275 milli
THE slowdown in mining project development last year has affected the Perth office market, with the vacancy rate for CBD offices recording a modest increase to 5.7 per cent in January.
PERTH'S property market has had a busy start to the year, with offshore investors and local syndicators negotiating five purchases worth about $230 million.
Four Perth property sales worth $210 million have been announced in the past fortnight, including Herdsman's largest office building, an iconic city shopping arcade and two industrial properties.
THE number of Perth shopping centres changing hands this year has grown to six, with the conditional sale of Phoenix Shopping Centre for about $80 million; but there has been no progress on W
SCARCE supply and growing demand from the resources sector have helped push Perth's hotels market to the top of the class, with the Western Australian capital outperforming all major Australian cit
PRIVATE property developers are making the most of Perth's industrial land shortage to build the profits, along with much-needed facilities, for national and multi-national tenants keen to lift the
Perth's pressure-cooker office market is driving the development of a number of smaller projects on the edge of the CBD as city tenants seek space to consolidate their operations and take advantage
THE Perth CBD office leasing market is heating up, with top-tier tenants beginning to hunt out new space and upgrade their premises after the recovery of business conditions.
The office vacancy rate in Perth's CBD has reached another record low, falling from 0.7 per cent to 0.5 per cent in January, West Perth has reached a highly improbable milestone – the area is statistically full.
IN a deal that will add an extra 40,000 square metres to its property management portfolio, Colliers International has secured a sub-contract to manage AMP owned buildings 140 St Georges Terrace and 66 St Georges Terrace.
