Weak sentiment in Perth's commercial property sector is proving to be a challenge for landlords seeking to sell assets, with sales campaigns for a range of CBD assets shelved in 2016.
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.
A CONSORTIUM of private investors has kicked off construction of a Perth CBD office building without pre-committed tenants, punting on the continuing strength of the market.
GDI Property Group says it will undertake one of the largest refurbishment projects in the Perth CBD's history, with its $50 million revamp of the former Governor Stirling Tower complex at 197 St G