News Articles

Property 06 Feb 2015

Landlords shrug off office vacancies

Perth's office market remains on solid footing despite a rising vacancy rate that's forecast to peak at 19 per cent in 2016, with pundits saying the state's strong economic fundamentals and a small construction pipeline past 2015 will bring balance back into the sector.

Property 12 Jan 2015

Singaporean group targets $47m hotel project on Wellington Street

Singapore-based diversified conglomerate Crescendas is preparing to construct its first property in Western Australia, lodging a development application to build a 23-storey hotel on Wellington Str

12 Dec 2014

Brookfield backs Perth office rebound

The past 12 months have been bleak for office developers in Perth, but one major player says there's light at the end of the tunnel.

Property 17 Nov 2014

Shell the catalyst for Perth’s newest precinct

Leighton Properties has revealed the simultaneous construction of its Kings Square precinct's four office towers was a condition of international oil and gas giant Shell taking up an entire building at the development in the Perth CBD.

Opinion 28 Jul 2014

Bank report grim reading for property

The shake-up of the commercial office market has some way to run, with a major investment bank tipping a big drop in rents.

Mining 15 Jul 2014

Woodside deal puts AAIG in spotlight

Woodside Petroleum quashed weeks of speculation this month when it revealed it would call Capital Square home from 2018.

Property 04 Jul 2014

Woodside to anchor Old Emu Brewery development

Woodside Petroleum has confirmed it will be the anchor tenant at Capital Square, signing a memorandum of understanding with the site's developer, AAIG.

Property 22 May 2014

Tower proposal tripped up by ageing church

St Andrew's Church on St Georges Terrace will remain closed for the foreseeable future due to structural issues, unless the Uniting Church can secure an anchor tenant for a planned 22-storey office tower.

Property 21 May 2014

Shell to take up entire tower at Kings Square

Global energy giant Shell has expanded its footprint at Leighton Properties and DEXUS Property Group's Kings Square, signing up to take up a further 5,847 square metres of office space in the devel

Special Reports 14 Apr 2014

Big Perth builders budget to stand out

SPECIAL REPORT: The state's major builders appear unfazed to be operating in what's considered among Western Australia's most competitive and closely monitored business sectors.

Property 17 Mar 2014

Leasing slow but sales hot for industrial land

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

Property 18 Feb 2014

Singaporean group in $90m Stirling Street buy

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.

Property 13 Nov 2013

Pre-commitments absorb bulk of 2015 office boom

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.

Property 28 Oct 2013

Harbour Town sold for $205m

The Harbour Town shopping centre in West Perth has been sold for $205 million to Singapore developer Far East Organisation.

Property 10 Sep 2013

Work starts on fourth Kings Square tower

Construction of health insurance provider HBF's new home has begun, with Planning Minister John Day on hand to launch the fourth office tower at the Kings Square precinct.

Property 06 Sep 2013

Exchange Plaza sale hits leasing hitch

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.

Property 29 Jul 2013

HBF to call Kings Square home

Health insurer HBF has completed a deal, foreshadowed earlier this year, to purchase and move into one of the new Kings Square office towers, relocating its 600-strong staff from its existing offic

Opinion 18 Jun 2013

Leighton gets it right at Kings Square

A year and half ago I sat down with Leighton's most senior property development management to talk about Kings Square.

Video 17 Jun 2013

Daily Video Wrap

Property 17 Jun 2013

Construction of Kings Square commences

Leighton Holdings marked a significant step in its Kings Square project this morning with a sod turning ceremony attended by Planning Minister John Day.

Property 31 May 2013

Brookfield Place II set to proceed

Construction of Perth's next big office development could start within weeks as investment group Brookfield strives to meet its 2015 deadline for a second tower at Brookfield Place.

Video 06 May 2013

Daily Wrap Video - 06/05/13

Property 06 May 2013

Institutional investors target new city office projects

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

06 Aug 2010

Dexus confirms QV1 sale plans

Dexus Property Group has confirmed plans to start marketing its half-share in the QV1 office building later this year through agent CB Richard Ellis.

News Articles for Dexus

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