Claremont's Bay View Terrace recorded a reduction in retail vacancies over the past 12 months, while vacancies along Oxford Street in Leederville climbed.
Subiaco is set for resurgence, but it will take a coordinated approach from landlords, developers and council to take full advantage of its more than $500 million pipeline.
A Wanneroo building tenanted by manufacturing company Klen International has sold for $5.2 million, following a private treaty campaign run by Ray White Commercial.
Cottesloe's Napoleon Street is the best performing retail strip in Perth, according to new research by Ray White, with vacancy dropping from 6.9 per cent to zero in two years to September 2019, while Subiaco, Leederville and Mt Lawley have had big increases.
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.
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 analysts are predicting a significant rise in Perth's residential apartment prices as supply falls on the back of rising construction costs and a subsequent reluctance on behalf of developers to build.
