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.
Privately owned property group Canute Investments has launched a $140 million national asset sell-off, including a shopping centre in Perth's northern suburbs, commercial properties in West Perth and Ellenbrook, and a large residential portfolio.
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.
Fierce bidding for a retail investment property in Bayswater that went to auction has provided a snapshot of Perth's commercial market, illustrating the demand for well-leased developments.
Medical groups have purchased three commercial lots at Pindan Capital's North One development in Subiaco, with six of the 17 premises at the mixed-use project sold just weeks after construction was completed.
