Lease Equity

The $70 million redevelopment of Cloisters Square is complete, with the opening of heralded American-style steak restaurant Chophouse the culmination of a three-year transformation that has repositioned the property from an ageing building to a go-to destination.

Work has started on the $21.4 million Port Coogee shopping centre, with national development group Australand signing Adco Constructions to carry out the build.Australand put out the call for builders for the centre, which will be anchored by a Woolworths supermarket, in April.

The founders of a popular Korean restaurant in Karawara have curtailed their original expansion plans, despite being flooded with offers to open a number of new outlets.

SPECIAL REPORT: Uncertain economic conditions mean ensuring a brand meets its market targets is increasingly important.

While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.

The traditionally dominant players in Australian retail are being forced to reinvent themselves in the face of increased competition – from each other, and a host of international raiders.

Commercial real estate agency Metier has scored another plum government job, this time to handle retail leasing for the Metropolitan Redevelopment Authority at Midland’s Railway Workshops.

The state government is seeking local hospitality operators to fill 25 food and beverage tenancies at King Square’s landmark Yagan Square, at the same time Seven Group Holdings put out the call internationally for a developer to create the city’s tallest apartment towers at the CBD rejuvenation project.

A new food and beverage precinct will open early next year on St Georges Terrace, with Mirvac Group today unveiling its vision for a redeveloped Allendale Square.

Japanese fashion retailer Uniqlo will open its first Western Australian store in Perth’s Murray Street Mall, with a flagship two-level shop anchoring a $6 million redevelopment of Plaza Arcade.

Hawaiian founding managing director Brett Wilkins has been appointed senior director, capital markets by Lease Equity.Most recently Mr Wilkins was executive director, real estate services for EY's Perth office, a role he held for four and a half years.

Lease Equity has signalled strong intentions to shake-up Perth commercial office sales, widening its focus outside of retail property by establishing a capital markets division headed up by industry stalwart Brett Wilkins.

SPECIAL REPORT: New office development is grinding to a halt, but landlords are nonetheless aggressive in attempts to attract tenants to the city.

Property players are recalibrating their executive teams across the city, with a series of high-profile moves punctuating new strategies in 2017.

Local law firms make moves

Notching up 15 years in business, and managing more than $1.1 billion in combined retail rents for clients over that time, is a significant achievement in any industry.

SPECIAL REPORT: Property groups are chasing retail opportunities in Perth’s CBD with a pipeline of upgrades and developments worth more than $250 million.

The building on the corner of Wellington and Pier streets, most recently home to the Wellington Surplus Stores, and an adjoining property have been purchased in an off-market deal for $8.4 million.

The new owner of 335 Wellington Street, home to the Wellington Surplus Stores for 75 years, has lodged an application with the City of Perth to build a $70 million student accommodation building.

SPECIAL REPORT: Developers and investors are looking beyond office buildings to explore a variety of property opportunities across Perth.

The private sector has matched public funds dollar for dollar in 2017 to support the Historic Heart of Perth project, which aims to revitalise the east end precinct through public art and streetscape improvements.

Our weekly appointments wrap includes Christine Allen, David Lock, Steve Cuzens, Jared Dimbley, Zoe Tsagalis, Eu-Min Teng, Marianne Rose, Angela Beechey and Anwen Pattinson.

Our weekly appointments wrap includes Shannon O’Rourke, Ben Norrish, Andy Weir, Rod Johns, Warrick Clent, Alan Ings and Michael Shanahan.

Our weekly appointments wrap includes Pilar Kasat, Erica Campbell, Angela Dawson, Matthew Allen, Ian Burrows, Clinton Turner, Scott Hollier, Amanda Hunt, Linda McSherry, Tamsyn Howard and Luke Disbury.

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