Perth's commercial property leasing market has recorded a solid start to 2013, with more than 21,000 square metres of office space already committed and around 12,000sqm of pre-commitments in the w
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
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.
LEIGHTON Properties has stolen a march on rival developers, including Brookfield Properties, aiming to start work on Perth's next large office buildings.
The contentious development of Smiths Beach near Yallingup has taken another twist, with the owners of the 40.5 hectare site putting the land on the market.
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.
THE industrial land market in Western Australia has been characterised by consistently strong demand for most of the past decade, which has been good news for investors and developers who bought la
Developer and syndicator Primewest has announced plans to build a four-level premium office development at the top of the Terrace after acquiring three adjoining properties at 253 St Georges.
Ric Stowe's sprawling Devereaux Farm in Bullsbrook is back on the market, with Jones Lang LaSalle and Garland International appointed by PPB Advisory to sell the property by tender.
Western Australian shopping centre managers are the most optimistic in the country, tipping sales growth over the next year thanks to relaxed Sunday trading laws and continuing strong economic cond
A 1.68 hectare tract of land at Leighton Beach has been placed on the market, raising the possibility for further high density residential development just 200 metres from the ocean in North Freman
Perth's industrial land sector is starting to show similar traits to the CBD office market, with sales data over the first four months of 2012 showing a clear contraction in supply.
Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.
Australia Post has failed to sell its General Post Office Building in Forrest Place and has, instead, reverted to trying to find tenants to fill the vacant retail space.
Property agent Jones Lang LaSalle says developers' appetites for large-scale residential land packages are growing, after booking a record year for land and apartment development transactions in 20
A LACK of supply will be the big issue for Perth's office market in 2012, with record-high office take-up figures sending the CBD vacancy rate spiralling to its lowest level in three years.
GLOBAL energy behemoth Shell plans to more than double its office footprint in the city as it ramps up its operation to support projects such as the $12.5 billion Prelude floating LNG plant.
Perth's increasingly tight office market is likely to result in gross rents exceeding $1,000 per square metre per annum next year, Jones Lang LaSalle has predicted.
PERTH'S office market has recorded the fifth strongest annual rental increase across 81 markets worldwide and is the best performing in Australia, according to new research released by Jones Lang L
Perth's office market has recorded the fifth strongest annual rental increase across 81 markets worldwide and is the best-performing in Australia, according to new research released by Jones Lang L
WESTERN Australia's super-charged resources sector has provided little protection for retailers battling to overcome sagging consumer sentiment and a shift from spending to saving.
Office rents are soaring in the Perth CBD, particularly for A-grade stock, with the vacancy rate falling to the lowest in Australia, new research from Jones Lang LaSalle says.
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
PROPERTY firm Jones Lang LaSalle is putting its weight behind a local community choir to help the choir's homeless and disadvantaged members raise funds for local charities through the sale of CDs
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
A WELL-KNOWN Perth family is understood to be the new owner of a significant swathe of Oxford Street after paying $9.5 million for four of Leederville's most high-profile shopfronts.
Perth's leasing market is the tightest in Australia, and with talk of a major new office tower, property analysts are warning tenants need to move now to take advantage of the city's next major construction cycle.
Clough Engineering's old base at 251 St Georges Terrace is up for sale, with Jones Lang La Salle and Burgess Rawson jointly appointed to manage the transaction.
The Subiaco Redevelopment Authority has appointed Jones Lang LaSalle as the new sales agent for the Subi Centro urban renewal project, after a competitive public tender process.
Office vacancy rates in the CBD are continuing to tighten with new figures showing the vacancy rate has fallen to a record low of 0.53 per cent at the end of September, down from 0.7 per cent in July.
After nearly 13 years at the helm of boutique commercial property agency NSC Corporate, joint managing directors Steve Carulli and Nick Stanisis are shutting-up shop to join global property player Jones Lang LaSalle.
Perth-based agency business NSC Corporate will be purchased by international commercial property services firm, Jones Lang LaSalle, the company announced yesterday.
