News Articles for Wayne Lawrence

The two retail properties have significant redevelopment potential.

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

A surge in listings is good news for the city's fledgling office market.

Fife Capital bought the asset from Hire Intelligence, in Perth's first CBD office transaction this year.

The ASX-listed company has bought a 33.4-hectare site for $12 million.

Jason Peterson has purchased an apartment block on South Perth's foreshore, paving the way for a luxury residential project.

The $27.85 million transaction adds to the company's hospitality assets in Dunsborough, Denmark and Fremantle.

The $74 million deal represents the biggest large format retail transaction nationally this year.

The sale of 66 St Georges Terrace represents the largest Perth office building sale in two years.

The WA syndicator has purchased a Subiaco office building from two separate owners.

Locus Development Group and Security Capital Australia bought the Woolworths anchored asset and have signalled expansion plans.

Retirement home operator Arcadia Waters has purchased the 194-unit Lattitude Lakelands village for close to $5.5 million.

WA's property market is set to change as eastern states and offshore investors increase competition for assets.

Experts are predicting a return of international capital to Perth's property market, once the borders reopen.

A Kerry Stokes' owned company has purchased a four-storey office building on Kings Park Road for $12.5 million.

Colliers International has sold a property in the heritage-listed Gledden Building on Hay Street Mall to an overseas buyer for $2.9 million.

Developer and syndicator Lester Group has splashed $58 million on large-format retail precinct Midland Megaplex, while Fortescue Metals Group has expanded its warehouse and office footprint in the eastern suburbs.

Warrington Property has made its second major Perth acquisition of 2019, paying $18.25 million for the office building at 179 St Georges Terrace.

Leasing success at The Quadrant on William Street has continued a trend of city fringe and suburban tenants moving to the Perth CBD, while options for firms with large space requirements have become increasingly scarce.

Former Aquila Resources boss Tony Poli is advancing plans to build a new shopping centre in the eastern suburbs, after his property development company bought a vacant site for $2.6 million in a de

Hotel operators are sprucing up their digs to attract business as the influx of luxury hotels in Perth ramps up competition.

Potential buyers are already keenly looking to snare East Fremantle's Kaleeya Health Campus, the first state government asset to hit the market from a large portfolio flagged for sale last week.

Aged care, family services and community health group MercyCare is moving to West Perth, after buying an office building at 38 Ord Street for $11 million.

Tourists and business travellers will soon be spoilt for choice when it comes to luxury hotels in Perth, with a rush of new developments providing new options at five stars and above.

Kingston International College will move its English language and vocational school to Highgate early next month, to a heritage-listed building it bought from apartment developer Finbar Group for $