Perth Commercial Property News

Perth commercial property news, commercial real estate market data, business news and insights.

Midland Gate added to surge in mall sell-offs
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Midland Gate added to surge in mall sell-offs
The offer comes as the shopping centre market moves into a new phase as the country reopens.
Industrial vacancy at historically low levels in WA
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Industrial vacancy at historically low levels in WA
Industrial property is in hot demand in Western Australia as investors and businesses seek land and additional warehouse space following a boom in e-commerce and the mining industry.
Charter Hall buys two childcare centre portfolios for $134 million
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Charter Hall buys two childcare centre portfolios for $134 million
Property investment group Charter Hall has paid $134.3 million for 21 childcare centres in Melbourne and Western Australia.
WA home to the nation’s first robotics and automation precinct
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WA home to the nation’s first robotics and automation precinct
WA is paving the way to become a global player in robotic systems testing and research with construction of a major hub in the works north of Perth.
Mirvac seeking $250m for Perth office tower
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Mirvac seeking $250m for Perth office tower
Billions of dollars worth of office towers are on the block and buyers are still coming, while rates are low with a strong bounce back expected.
Landmark Northbridge restaurant building sold for $1.85m
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Landmark Northbridge restaurant building sold for $1.85m
An iconic Northbridge building, which has been home to Perth’s much-loved Sorrento Restaurant for almost four decades, has been sold for $1.85 million. The property, at 158 James Street, sits in the heart of the busy inner city entertainment precinct and has etched itself in the hearts (and bellies) of many West Australians.
Perth CBD’s London Court owners sitting ‘on a gold mine’
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Perth CBD’s London Court owners sitting ‘on a gold mine’
Sellers of Perth CBD’s London Court have been swamped by enquiries after the precinct was listed for sale for the first time in 70 years.
WA office market shows resilience amid pandemic pressure
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WA office market shows resilience amid pandemic pressure
Perth’s CBD office market has remained one of the most robust in Australia, despite COVID-19 transitioning businesses from traditional workplaces to work-from-home set-ups. Industry analysts say it is largely due to the booming resources sector.
Singapore’s CIG keeps faith in Australian property with Perth swoop
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Singapore’s CIG keeps faith in Australian property with Perth swoop
Singapore’s sovereign wealth fund GIC has swooped on a quarter stake on the under-construction Chevron headquarters in Perth, with the deal valuing the building at close to $900m.
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