News Articles for Michael Milne

A spate of transactions signal a growing confidence in the near-city suburb.

The fully leased asset, purchased for $5 million, has development potential.

The former Bankwest location is set to be turned into an art gallery.

The developer of The Pearl is in liquidation, deposits are being returned to buyers and the site is on the market.

The Indonesian-backed investment group has added to its portfolio of CBD properties, buying the asset from Jeff Leach.

A heritage-listed property in Perth and a bank building in Subiaco have sold.

A Sydney investor and property developer has purchased the Victoria Street asset.

A 1,460 square metre building in Kalgoorlie formerly owned by HBF Health has been sold to a not-for-profit organisation for $3 million.

The investment group has added Drovers Marketplace to its stable of assets.

Nutrition Systems chief Danny Pavlovich has bought three buildings on Wittenoom Street in East Perth for $1.9 million, where a development did not come to fruition.

The group behind Victoria Park's Belle Parc residences intend to develop on the site.

The institute bought two West Perth buildings for $6.5 million, with plans to consolidate its Perth campus.

A company led by Alan Bond's son John Bond has sold Subiaco's former Sapphire Bar for $4.5 million.

Appetite for childcare centre properties is increasing in WA, but some players warn sector maturity won't come without growing pains.

Our weekly appointments wrap includes Alan Langford, Robert Carlile, Ian Grant, Andrea Hoskins, Barry Hartnett, Travis Harvey, Michael Milne and Austin Devaney.

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.

Aigle Royal Developments has added a southern suburbs landholding to its portfolio, purchasing a 15.1-hectare tract of land in Baldivis for $10.3 million.

Transactions are flowing this week in commercial property, with $11.5 million in fresh deals indicating owner-occupiers are starting to take advantage of a competitive market for buyers.

The Liberal Party is gearing up to relocate its Western Australian headquarters, after purchasing a strata office at 12 Parliament Place for an undisclosed sum.

Children's charity Variety WA has sold a Victoria Park office property leased to Optus for $950,000, in a deal brokered by CBRE.

Midland's Dome Coffees franchise opposite the Midland Gate Shopping Centre has been sold to a private investor for $2.7 million, in a deal brokered by commercial real estate group CBRE.

Lack of supply of large, well-located office and retail assets in Perth's commercial property market has resulted in the total value of sales falling to less than half of what they were 12 months ago.

A WELL-KNOWN Perth family is understood to be the new owner of a significant swathe of Oxford Street after paying $9.5 million for four of Leederville's most high-profile shopfronts.