Malaysian property investment group YTL Corporation has added to its Perth portfolio, with one of its subsidiaries acquiring The Westin Perth from BGC Australia in a deal understood to be worth around $200 million.
SPECIAL REPORT: Property groups are chasing retail opportunities in Perth's CBD with a pipeline of upgrades and developments worth more than $250 million.
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.
Preparations are being made for international fashion giant H&M to open its long-anticipated second store in Perth, while the Plaza Arcade is in line for a $6 million revamp to make room for another flagship global tenant.