Perth Commercial Property News

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

Perth’s Malaga Markets a fresh offering
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Perth’s Malaga Markets a fresh offering
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 …
Perth’s Ikea store sells for $143.5 million
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Perth’s Ikea store sells for $143.5 million
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.
Page turns for The Library nightclub in $4.6m sale
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Page turns for The Library nightclub in $4.6m sale
Perth nightlife institution The Library nightclub will embark on a new chapter of ownership after selling for $4.6 million.
Singapore group pays $15m for Perth’s Sebel
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Singapore group pays $15m for Perth’s Sebel
A Singaporean-owned group has paid $15 million for Perth’s 4.5-star waterfront hotel, the Sebel Mandurrah.
Council gives green light for Perth Plus tower
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Council gives green light for Perth Plus tower
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.
New signs of life in Perth office leasing market
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New signs of life in Perth office leasing market
Firms are flocking back to Perth’s economically-weathered CBD with office vacancy rates falling for the first time in five years.
Perth to get first Wyndham LUX hotel
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Perth to get first Wyndham LUX hotel
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.
Perth City Link to include student digs and retail
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Perth City Link to include student digs and retail
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.
New chapter for The Library nightclub
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New chapter for The Library nightclub
Hospitality group Entertainment Enterprises will part ways with popular Perth nightclub The Library, 34 years after buying the venue. The Northbridge nightspot, which spans two levels and is renowned for its library-themed decor with more than …
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