News Articles

Property 12 Feb 2018

Buckeridge property sells for $43m

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.

Property 22 Jan 2018

Investors move on Perth seeking value

Foreign investors are making their mark on Perth, accounting for more than half of the purchases in the CBD office market in the past two years, according to Savills Australia.

News 17 Jan 2018

Conditions improving for industrial property

Confidence is building among the state's industrial property players, despite persistent market challenges.

News 16 Jan 2018

Business confidence boost for property

Some in the state's property sector are confident it has turned the corner, and are expecting further signs of improvement across 2018.

Appointments 12 Jan 2018

People moves January 15 2018

Grant Thornton has appointed Matthew Hingeley head, audit and assurance.

Property 06 Nov 2017

Catching up to students’ housing needs

SPECIAL REPORT: A new wave of property developments is taking shape across Perth's CBD, with more than $200 million worth of student accommodation projects in the pipeline.

Property 03 Aug 2017

Perth office vacancies drop

Perth's ailing office market could be on the mend, with the CBD recording the largest drop in vacancies of any capital city during the past six months, according to the Property Council of Australia.

Property 13 Jul 2017

Two Perth office buildings sold for $92m

ASX-listed property investment group Centuria has made its way west, acquiring two office buildings on the outskirts of Perth's CBD for $91.8 million.

Property 22 Mar 2017

Engineering group grows into new office

MSP Engineering has established a new headquarters in West Perth to cater for a bigger workforce as it builds a $400 million lithium processing plant in Kwinana.

Property 13 Mar 2017

Retailers waiting for redeveloped city malls

Vacant shops are usually considered to be harbingers of doom and gloom in the retail sector, but that may not necessarily be the case in Perth's CBD.

Property 16 Jan 2017

Satterley goes from south to west

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.

Property 04 Aug 2016

Property Council calls peak for office vacancies

Perth's office vacancy rate has risen to nearly 22 per cent, but the Property Council of Australia says that figure could mark an end to commercial landlords' pain due to the supply cycle having peaked.

Property 22 Jul 2016

West Perth vacancy hits record high

Commercial landlords in West Perth are coming under increasing pressure to retain tenants, as the near-city suburb's office vacancy rate hits all-time highs.

Property 20 Jul 2016

KPMG, CGU join race for office space

Global accounting giant KPMG and insurance group CGU have joined a host of firms searching through Perth's 400,000-plus square metres of vacant office space for new homes.

Property 07 Jun 2016

GMPG spends $7.65m on Sydney property

Perth-based boutique investment and development firm, GM Property Group, has made its fourth interstate asset acquisition in the last 12 months, buying an industrial property in Sydney's Blacktown

Advertising, Marketing & Communications 03 Jun 2016

Ad, marketing firms take CBD digs

Tenants willing to shift from the suburbs to the city are emerging as rare winners in Perth's patchy commercial property market.

Property 09 Feb 2016

Credit Suisse in $64m CBD purchase

Global investment giant Credit Suisse has added a Perth office tower to its portfolio, buying 190 St Georges Terrace for $64.2 million.

Professions 17 Aug 2015

KPMG dips toe in real estate advice

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

Property 06 Aug 2015

Vacancies up, but less than expected

Perth's commercial property market got a dose of good news/bad news this morning, with the office vacancy rate slightly lower than it was expected to be at 16.6 per cent, however it was the highest

Appointments 05 Aug 2015

Savills WA Appoints Metro & Regional Sales Manager

Savills WA has appointed Barney Dear to the new position of Manager of Metropolitan & Regional Sales.

Property 22 Jun 2015

Pindan Capital spends $37m on northern estate

Pindan Capital has bought residential land estate The Reef at Two Rocks, in a deal understood to be worth around $37 million, the third big purchase of prime coastal land in Western Australia recor

Property 05 May 2015

Tony Poli to restart Port Geographe

Tony Poli's Aigle Royal Developments will revive the long-stalled Port Geographe development near Busselton, after it bought a 59-hectare tract of land in a deal worth $13.5 million.

Property 13 Apr 2015

Stalled Karratha Hilton works on fixing finance

The future of Karratha's $70 million DoubleTree by Hilton proposal appears to be tied to the health of the Pilbara economy, with the hotel's developer forced to redesign the project to finalise a suitable construction financing deal.

Property 17 Nov 2014

Climate stance has office fallout

The Anglican Church's move to distance itself from fossil fuel-related industries could have implications for its CBD property portfolio, with up to nine resources sector companies that lease office space across the church's commercial buildings.

Property 20 Oct 2014

CBD stock shortage

Offshore buyers are increasingly interested in Perth office stock, but limited assets for sale and the city's rising vacancy rate are stifling opportunities.

Property 16 Oct 2014

Poli circles Port Geographe

Aquila Resources founder Tony Poli has emerged as a potential buyer for the Port Geographe development, in a move that could breathe new life into the long-stalled coastal project.

Property 13 Oct 2014

Buyer closes in on Port Geographe

A buyer is understood to be circling the Port Geographe development near Busselton, potentially ending years of uncertainty for the blighted marina project.

Property 21 Jul 2014

CBD office supply concern

FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.

Property 30 May 2014

Capricorn ponders Forge’s old digs

Collapsed engineering firm Forge Group's old premises in West Perth have firmed as a likely landing spot for automotive parts buying group Capricorn Society, which is looking to consolidate its office requirements into one location.

Property 13 May 2014

EY poised to stay at Mounts Bay

Accounting giant EY is understood to be close to finalising negotiations on a new lease at the six-storey EY Building on Mounts Bay Road, after coming up empty in its search for a new home.

Property 24 Feb 2014

Tenants, buyers win in sluggish CBD

Rising vacancies and falling rents in Perth's CBD office market are putting tenants in prime position to score favourable deals, while the conditions could also result in potential bargains for institutional investors.

Property 18 Feb 2014

Singaporean group in $90m Stirling Street buy

Perth's CBD office market is still proving to be attractive to offshore investors, with the office building at 130 Stirling Street sold to a Singaporean firm for $90 million.

02 Nov 2010

CBD vacancies tipped to fall to 5%

Property firm Savills has warned of a significant office vacancy shortage in Perth's CBD after Chevron Australia announced it was leasing more than half of 256 St Georges Terrace.

Property 19 Dec 2005

SAITeysMcMahon pays $47.5m for Wesfarmers House

Melbourne-based fund manager SAITeysMcMahon has been confirmed as the buyer of Wesfarmers House on the Esplanade, paying $47.5 million in the second biggest property deal of the year.

17 May 2005

Johnson heads new Savills division

International property group Savills has appointed Claire Johnson to lead the newly created Mall Leasing division in its Western Australian office.

News Articles for Savills

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark