A nine-hectare lot with holding income has been sold for $31.5 million, with plans to develop an A-grade logistics facility on the vacant portion of the land.
ASX-listed apartment developer Finbar Group has established a new business division, appointing an in-house sales team led by former Knight Frank head of residential Western Australia Neil Kay.
A focus on the emerging downsizers market and collaboration with some established firms has proved a successful strategy for one of Perth's newest developers.
Warrington Capital Partners has made a tidy return on selling 66 Kings Park Road to Primewest, with the ASX-listed funds manager paying more than twice what Warrington did for the property in 2017.
Sydney-based EG Funds Management has returned to Perth's commercial property market, splashing more than $90 million in the past month on office properties in the CBD and Leederville.
Fresh data on Perth's residential property market points to a long-awaited recovery in 2020, with sales activity tracking higher in the second half of 2019 and supply starting to tighten across in-demand suburbs.
A new student accommodation proposal has emerged on Wellington Street, on a development site owned by a syndicate of investors including former Adelaide Crows coach and West Coast Eagles footballer Don Pyke.
Global serviced office and flexible workspace provider WeWork will establish a second Perth facility in Northbridge, taking up an entire floor of Warrington Property's recently refurbished William Square.
Lendlease's Australian Prime Property Fund Industrial has added a second Western Australian property to its portfolio, investing $4.1 million in an industrial property in Gnangara's Northlink Industrial Park.
Developers across Perth's CBD are positioning themselves to ride the city's next wave of office development, with options for tenants with large space requirements becoming scarce despite an overall vacancy rate of 18.5 per cent.
A raft of high-value commercial property assets has hit the market this week, including a shopping centre in the northern suburbs, a two-level office on Stirling Highway in Claremont and a large parcel of land in Muchea.
Curtin University will soon embark on the first phase of its $500 million Greater Curtin plan, which includes more than 900 new student accommodation rooms, a hotel and serviced apartments alongside new educational space.
International real estate services company Cushman & Wakefield has been appointed as facility manager of the new Woodside headquarters in Perth, with former Knight Frank director Bret Madden brought on to lead the on-site team.
Singaporean-listed OKP Holdings has made its first foray into Australia, via the purchase of an East Perth property for $43.5 million from BGC directors Andrew and Sam Buckeridge.
Sydney-based property fund manager and investment group CorVal has made a big acquisition in Western Australia, buying Northbridge office building WorkZone East from Charter Hall in a $68.2 million deal.
Satterley Property Group is closing its long-time South Perth headquarters, taking advantage of historically high levels of vacant office space to move across the river to West Perth.
Consulting and advisory group Urbis is preparing to add property valuation to its suite of services, following its move to customised new premises at The Quadrant on William Street.
Interest in commercial property in Perth's CBD is on the rise, with interstate institutional groups and syndicators eyeing Perth as an alternative to crowded and competitive eastern states markets.
A recent office leasing deal at Exchange Tower has illustrated the lengths to which landlords are going to attract tenants, as vacancies continue to rise across the CBD.
Accounting firm KPMG has followed rivals EY and PwC into the real estate arena, setting up a property advisory division to service its existing clients and provide advice to other corporates and go
Rents are falling and vacancies in industrial property have hit an all-time high in Perth, as the fallout from the resources slow-down continues to flow into the real estate sector.
Construction on Chinese developer JianHe Jian Group's $100 million residential and commercial project opposite Perth Zoo in South Perth is expected to begin later this month, after local builder JA
The office building at 220 St Georges Terrace has been sold for $35 million, with a local private buyer purchasing the building in a deal brokered by commercial agency Knight Frank.
The Coffee Club will open in Fremantle, motorcyle retailer Monza Imports in Bibra Lake, and Rockingham-based building products firm EnduraClad will move to Henderson, under three separate leasing d
A waterfront commercial development site, including 37 boat pens, at Mandurah's Mariner's Cove has been listed for sale, with Knight Frank appointed to undertake the sales campaign.
Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.
