News Articles for Dexus

The resources company has relocated its headquarters from East Perth to a more central location.

Perth's industrial property market is still performing strongly but is showing signs of slowing.

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

Westfield owner Scentre Group has reported a steep drop in full-year profit due to property valuations but the company's leader says income improved.

Real estate group Dexus is searching for a new chief executive following the resignation of Darren Steinberg, who will step down from the role next year.

Confident industrial landlords are pushing ahead with new builds without pre-commitments from tenants.

The deal between Dexus and Fiveight took a year to settle.

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.

A $792 million expansion of Westfield Booragoon, which would make it the state's largest shopping centre, has been approved by WA's peak planning body.

Estimated costs for Scentre Group's updated proposal to build the state's largest shopping centre in Booragoon have escalated by nearly $300 million.

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

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

Sydney-based GPT Group is set to manage AMP's Karrinyup Shopping Centre, as the management of the group's retail assets changes hands.

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

SRG Global has landed a $65 million contract for work on a 39-storey office development in the Sydney CBD.

Strong leasing activity in the industrial space was linked to its 41.9 per cent profit increase.

Investors have voted for Mirvac to manage AMP Capital's $7.7 billion office fund, increasing the property giant's third-party funds under management by 76 per cent to $18.1 billion.

Kerry Stokes-backed developer Flagship's $180 million plan to build a 27-storey tower in the heart of King Square is another step closer to fruition.

Andrew and Nicola Forrest's Fiveight is buying Carillon City for an estimated $80 million.

Dexus is set to acquire close to $31 billion of assets under management from AMP Capital, including all of its domestic real estate.

WA's property market is set to change as eastern states and offshore investors increase competition for assets.

Cbus Super is set to acquire a sizeable stake in Jandakot Airport as part of a new joint venture with existing owner Dexus.

Bethesda's $60m Cockburn facility to grow to 75 beds.

Supply constraints are putting pressure on an increasingly active WA industrial property market.

Kerry Stokes-backed developer Flagship has unveiled plans to build a 27-storey tower in the heart of Kings Square, situated in the $5.2 billion Perth City Link.

The property fund manager has divested most of its multi-billion-dollar portfolio and plans to rebuild.

Scentre Group has offered a first look at its $500 million expansion plan for Westfield Booragoon, with retail tenancies, outdoor dining and an entertainment precinct.

Dexus has bought Jandakot airport and surrounding land for $1.3 billion, establishing its footprint in WA logistics infrastructure.

Retailers in Perth's Carillon arcade will need to close by the end of October as plans to redevelop the centre continue to face delays.

More than $951 million worth of Perth office assets have transacted so far in 2021, trending close to pre-pandemic volumes, according to the latest report from CBRE.

Dexus has spent $339 million on a 49 per cent equity stake in Capital Square Tower 1, home to Woodside's headquarters in Perth's CBD.

Bethesda Health Care has awarded a contract to Broad Construction to build its new facility at Cockburn and struck a deal to sell the asset to property group Dexus.

ANALYSIS: About 110 shops in central Perth sit empty after challenging years in retail, but some in the sector believe now is the time to make their move.

ASX-listed GDI Property Group has lodged plans for a new office tower and a revamp of buildings within its CBD Mill Green complex, proposing a new business and social precinct.

Although the pandemic has emphasised business can be done from anywhere, commercial property players are banking on the value of four walls.

Will working from home reshape the role of the office? Business News explores the potential impact on Perth's commercial property sector as part two of the Working From Home Series.

It will take a mix of planning, marketing and property redevelopment initiatives to resuscitate Perth's ailing CBD retail market.

Property groups fear today's announcement of timeframe extensions for COVID-19 rent assistance measures could harm further economic recovery.

Stringent cleaning measures and discounted parking are among the initiatives rolled out to lure workers back to the CBD.