News Articles for Nigel Freshwater

The fund manager is expected to attract more than double what it paid for the South Hedland apartment building.

The Victoria-based developer has listed the South Perth site where it was set to build the world's tallest timber tower.

Charter Hall has sold a seven-storey building, in the first St Georges Terrace office transaction in more than 12 months.

Perth-based property syndicator APIL Group has added another retail asset to its portfolio with the purchase of Coolbellup Village Shopping Centre.

Mair Property Funds has purchased an industrial property in Canning Vale for $12.4 million, the group's first acquisition under its new investment fund.

ProProperty Group has secured three deals out of the one property – signing a retail lease, selling the asset and securing management of the property.

A former supermarket site in Subiaco has sold for $15.5 million to a private investor.

Subiaco's apartments market is running hot, with Blackburne racking up rapid sales success at its $280 million One Subiaco development and boutique developer Celtic Properties launching an 82-dwelling development on Roydhouse Street.

Hawaiian has sold Subiaco retail and office complex The Colonnade for $37.85 million, in a deal brokered jointly by JLL and Ray White Commercial.

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.

A 1.7-hectare site combining 12 land holdings near Canning Bridge in Applecross has come onto the market, representing one of the most significant masterplan development opportunities in Perth.

The redevelopment of Rockingham Beach is set to continue, with a potential development site on Patterson Road coming to market through JLL.

Western Australia's neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.

Another major development site has come to market in Scarborough, with commercial agency JLL appointed to sell the Luna Maxi Mart shopping centre on behalf of owner CCI Group.

Clough Engineering's old base at 251 St Georges Terrace is up for sale, with Jones Lang La Salle and Burgess Rawson jointly appointed to manage the transaction.