A West Perth building that formerly housed Thompsons fashion retailer has been sold for $2.3 million, changing ownership for the first time in almost a century.
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.
Lendlease's Australian Prime Property Fund Industrial has added a second Western Australian property to its portfolio, investing $4.1 million in an industrial property in Gnangara's Northlink Industrial Park.
Primewest has added seven-storey CBD office building ENI House to its portfolio for $86 million, amid fierce competition from local and overseas investors.
A raft of high-value commercial property assets has hit the market this week, including a shopping centre in the northern suburbs, a two-level office on Stirling Highway in Claremont and a large parcel of land in Muchea.
