News Articles for Erwin Edlinger

Southern Cross Care has sold two lots in Jolimont for about $9 million after a $55 million project fell through, though the provider has earmarked another site for a major development.

The Burswood-based real estate company has added another string to its bow.

Len Buckeridge's widow Siok Puay Koh has bought a 143-hectare Gidgegannup property for $5.5 million in a receivership deal.

The Nedlands-based syndicator has sold four hectares of land for $17.6 million, paving the way for a 46-unit business park.

The Burswood-based real estate agency is widening its scope.

A $3.35m purchase of 40 hectares on Cooper Road means the family now owns 80ha of adjoining land in Bullsbrook.

The 40-hectare property, purchased for $2.8 million, has the potential to be a large-scale industrial site.

Lovegrove Turf Farm's founders are selling 15ha of land in Wattle Grove worth more than $20 million, after years of interest from some of the country's largest developers.

DEMAND for large plots of industrial land in Perth is growing thanks to the flow-on effect of increased resources sector investment, while institutional investors are poised to re-enter the market after re-weighting their portfolios, new industry research

PERTH'S industrial property market is showing signs of renewed strength and confidence, although that could be undermined by supply constraints, according to the latest market analysis from Colliers International.

UNDERLYING demand in Perth's CBD office market is set to be boosted by the return of institutional investors in 2010, while supply constraints will ensure the office vacancy rate does not reach its forecast levels of 15 per cent, according to a leading ma

LANDCORP has reduced land prices at its major industrial estates in and around Perth by up to 25 per cent, and introduced more generous financing terms to try and encourage investment in the sector.

With record increases in CBD office vacancies, major resources projects are tipped to prop up the market.

There's unlikely to be a return to record low CBD vacancy rates any time soon.