Our weekly appointments wrap includes Greg Brylski, Tom Fuller, Greg Prout, Celia Hammond, Jess Hamdorf, Ben Wyatt, John Williams, Ankit Mehta, Steven Fitzgerald, Gillian Denison and Wendy Norris.
Property giant JLL has promoted Angelo Amara to WA managing director, as the current boss John Williams shifts his focus to JLL's capital markets business.
Perth CBD office vacancies increased during the second quarter of 2020 according to JLL, however the state is tipped to fare better than the east coast in the coming months.
Perth's residential property market is proving resilient in the early stages of the novel coronavirus crisis, but agents are bracing for leasing and home sale transactions to grind to a halt in coming weeks.
Primewest has added seven-storey CBD office building ENI House to its portfolio for $86 million, amid fierce competition from local and overseas investors.
Insurance giant HBF has placed its headquarters at Kings Square on the market, appointing JLL to handle the sale of the asset in an improving Perth CBD office market.
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.
Australian institutional investors and offshore property powerhouses sharpened their focus on potential upside in Perth's office market in 2018, as the total value of transactions approached $1 billion.
Singapore's GIC Real Estate has made its second major Perth commercial property purchase, acquiring A-grade office building Exchange Tower from joint owners Primewest and AMP Capital for $326 million.
BGC Australia has kicked off its asset sale program with the listing of the recently completed Westin Perth and Aloft Perth hotels, along with an adjoining commercial office building in Rivervale, a CBD development site and a neighbouring food and beverage precinct.
A growing chorus of major voices in Perth's commercial property sector is suggesting the worst of the recent period of sluggish activity may be over, with consistent demand for space and renewed investor interest indicating the marketplace is on the improve.
Woodside Petroleum's impending move to its new offices has provided an unexpected visibility and branding boost, with the oil and gas company's logo appearing on two prominent Perth CBD skyscrapers.
Interest in commercial property in Perth's CBD is on the rise, with interstate institutional groups and syndicators eyeing Perth as an alternative to crowded and competitive eastern states markets.
A long-running campaign to sell a 50 per cent stake in Exchange Tower is coming to a close, with property syndicator Primewest to pay $113.5 million for half of the CBD skyscraper.
SPECIAL REPORT: As the energy construction boom winds down, policy makers must get the settings right to prepare for future investment, while energy players mull the best way to allocate scarce capital.
With a record run of construction coming to a close, commercial developers are facing an uncertain few years in Perth's CBD. Click through to find the special report, which also looks at Perth's biggest landlords, place making, suburban office markets and a green technology company.
A fresh tranche of major commercial assets will come on to the market in and around the Perth CBD this year, potentially spurring sales activity after a sluggish 12 months.
Office landlords and leasing agents are upping the ante to secure key tenants, with competition to get the signatures of CBH Group and Telstra expected to be fierce over coming months.
Property services firm JLL has been appointed to manage the state government's commercial portfolio, while at the same time extending its contract to look after the federal government's Indian Ocea
FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.
Singapore development giant Fragrance Group has bought a CBD site from Luke Saraceni's joint venture with Sirona Capital, Westbridge Property Group, for $40 million.
The purchase by Dexus of the first three towers in the Kings Square precinct caps a stellar month for city office sales as the major property groups home in on the new opportunities in Perth's expanding
