News Articles for Knight Frank Australia

The Menora-based developer is aiming to add to the construction of 10 townhouses on the site spanning 4,252 square metres.

The Subiaco-based property group has acquired a Greenfields asset for $16.25 million, which brings the assets in its medical fund to $38.75 million.

The three-storey property was bought by a local medical centre operator intending to occupy some of the building and lease the rest to other medical and allied health operators.

Retirement village provider Eureka Villages bought the 9-hectare property.

From multinational private equity firms to sovereign wealth fund-backed groups and a pioneering First Nations venture, the race to build the next generation of digital infrastructure in WA is under way.

Coogee Chemicals boss Tim Martin has recently sold a 4,229 square metre waterfront site, south of Perth, to the Prendiville Group.

The Public Transport Authority has purchased a Stirling Street property for $30 million, while the owners of Shafto Lane are expanding their footprint in a $19 million deal.

The CBD's office vacancy rate is the second highest in the nation and the highest it has been since January 2021.

The state agency's plan to consolidate its office space from four buildings to one hinges on the sale of a property in Northbridge.

The asset changed hands between two private equity firms for $9.25 million.

A local family has purchased the fully-leased property.

The Aboriginal charitable trust has expanded its property portfolio with the purchase of an East Perth building.

Our weekly appointments wrap includes Stuart Nicholls, Tony Kiernan, Peter Blackmore, Fabio Mancini, Pele Reeve, Rick McKenzie, Brad O'Donnell, Matthew Keating, and new board members and staff announcements for the Centre for Stories.

Hall & Prior has purchased the site with plans to develop it into an aged care facility.

The new hire left Knight Frank in December last year.

The Hector Street property attracted strong interest from investors.

Perth has recorded the strongest growth in luxury residential property prices in the country, recent Knight Frank research shows.

A notorious Pilbara pub, which has been for sale on-and-off for more than a decade, will shut its doors by the end of the month.

Our weekly appointments wrap includes Mark Scatena, Lachlan Lewis, Elodie Allegret, Emma Elliott, Tania Cecconi, Brendan Shalders, Grant Dyker, John Nolan, Jay Stephenson and Samantha Mostyn.

Our weekly appointments wrap includes Nick Dwyer, David Lim, Andrew Vinciullo, Sarah Asmussen, Janet Jones, Xavier Saldoni, Matt Lutman, David Harrison, Chris Oughton, Rob Cole, Diane Smith-Gander, Vanessa Torres and Erwin Schaufler.

The energy company has signed a five-year lease for the CBD tower, adding to a string of recent leasing deals in the CBD.

Perth was the only city to see a decrease in its CBD vacancy rate in the last six months, to 14.9 per cent.

The $21 million transaction will allow the college to eventually move to the William Street location.

Property Council figures show a 0.2 per cent lift in Perth's office vacancy to 15.9 per cent, the second highest in the country but amid an influx of new supply.

A Sydney-based fund manager has bought the coastal accommodation facility, in the first time the asset has changed hands in 17 years.

Real estate consultancy firm boss Jeremy Robotham says greater population growth could translate into a significant boost for the state's commercial property sector.

The local buyers, who are brothers and dermatologists, intend to transform the vacant site into a warehouse and logistics facility.

A transport and logistics company has bought the industrial site with a view to relocate there.

An east coast family has purchased a medical centre in Cockburn Central from a local investor.

The Adrian Fini and Ben Lisle led property developer says it will work on a masterplan for the site, which includes Hollywood Retirement Village.

Our weekly appointments wrap includes Tanya Trevisan, Tommie van der Walt, David Hughes-Owen, Chris Elliott, Michael Beros, Terri Taylor, Jo Gaines and Jean Perkins.

Disability services provider Rocky Bay will move into a three-storey Belmont hub after a development assessment panel unanimously approved its $78 million proposal.

The vacancy rate of the Perth CBD office market has declined and will continue to dip amid limited supply, a Knight Frank Australia research report has found.

Two Perth engineering executives have purchased a Centrelink building in Victoria Park for $8.75 million, the first sale for the property since its construction 30 years ago.

The city's industrial rents have grown by 41 per cent in 2022, the fastest growth nationally, new research shows.

Our weekly appointments wrap includes Gavin Bain, Celia Hammond, Frank Malloy, Alyson Martinovich, Stuart Skerman, Richard Kilbane, Christina Matthews, Rebecca Banks, Allister Legge, Elizabeth Keen, Deborah Low, Emma Richards, and Max Used.

Recent moves in the industrial property sector show the market should continue to outperform this year.

The Property Council's latest biannual office market report shows a slight drop in Perth's office vacancy in the six months to January 2023.

Our weekly appointments wrap includes Kirstin Stewart, Rebecca Tomkinson, Chales Altshuler, Clive Brown, Jason Giltay, Adam Stubbings, Lewis Otton, Jim Beyer, Avril Fahey and Tom Percy.

One of the best-known names in WA property remains firmly entrenched in the industry.