Perth Commercial Property News

Developers are expected to line up for Perth cinema the Cygnet Theatre, after the heritage-listed property was put up for sale.

Perth’s popular Malaga Markets have been listed for sale, offering investors the chance to nab 70 retail tenancies in one fell swoop. The renowned local markets, 12km north of the Perth CBD, are on the …

The cashed-up GDI Property Group has struck a conditional deal to buy the Ikea store in Perth for a new unlisted fund in a $143.5 million deal. This article originally appeared on theaustralian.com.au/property.

Perth nightlife institution The Library nightclub will embark on a new chapter of ownership after selling for $4.6 million.

A Singaporean-owned group has paid $15 million for Perth’s 4.5-star waterfront hotel, the Sebel Mandurrah.

Canadian giant Brookfield is advancing the development of Perth’s tallest tower at the gateway of the city’s $2.6 billion Elizabeth Quay precinct, winning council backing for the architecturally striking project. This article originally appeared on theaustralian.com.au/property.

Firms are flocking back to Perth’s economically-weathered CBD with office vacancy rates falling for the first time in five years.

American hospitality giant Wyndham Hotel Group is strengthening its presence in Western Australia, announcing its third Perth hotel, set to open in late 2018, and its first in the city under the company’s Wyndham LUX brand. This article originally appeared on theaustralian.com.au/property.

The WA government has called in two major developers, Brisbane-based joint venture Cedar Pacific and Hong Kong’s Far East Consortium, to deliver the student accommodation and retail space at Perth City Link. This article originally appeared on theaustralian.com.au/property.