News Articles for Aaron Desange

The Kids Research Institute Australia has sold its former headquarters in Subiaco for $21.55 million, several years after its move to Perth Children's Hospital.

The WA capital has outperformed other states in its hotel occupancy rates, which has translated to revenue gains.

Hotels are an increasingly attractive market segment for investors and owners.

The Adina Hotel on Barrack Street has been flagged for a refurbishment by its new owners, Sydney-based boutique fund manager Serene Capital.

The acquisition brings the national property fund manager's WA hotel acquisitions to $66 million.

GDI Property group has listed its 10-level carpark on the market after the ASX-listed property fund bought the asset in 2021.

The search for an experienced operator is on after Perth Airport announced plans for its first hotel development, which is set to offer 250 rooms for visitors.

Movement from private and public stakeholders at Perth City Link could turn the tide finally for the embattled precinct.

Singapore-based High Street Holdings has purchased Peppers Kings Square hotel in Perth CBD for roughly $26 million, with a rebrand in the works.

Brookfield Properties is anticipating offers of more than $350 million for the 51-level office building at 108 St Georges Terrace.

More than $951 million worth of Perth office assets have transacted so far in 2021, trending close to pre-pandemic volumes, according to the latest report from CBRE.

Limited new supply, high yields and a rebounding resources sector are elevating the appeal of Perth's office assets.

Mineral Resources will pay $60.5 million for its new headquarters at Walters Drive, Herdsman.

Mineral Resources' move to Subiaco appears doomed after the mining services company agreed to terms this week with construction giant BGC on a property in Walters Drive, Herdsman.

Saracen Properties and Security Capital Australia have announced the development of a $100 million, five-star spa and resort in Margaret River, a boon for the South West region's tourism industry as it pursues a post-pandemic revival.

Hay Street's Criterion Hotel has been bought by a private Singaporean property investment group for $16.5 million.

The Sebel Residence East Perth has been sold to an offshore investor for $19.2 million.

Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.

Australia Post has failed to sell its General Post Office Building in Forrest Place and has, instead, reverted to trying to find tenants to fill the vacant retail space.