Perth Commercial Property News

Western Australia has been synonymous with top-class wineries for years, but an explosion of microbreweries means the craft brewing market is flourishing.

Swedish furniture giant Ikea is poised to pay $132 million for the freehold of its property in the northwestern Perth suburb of Innaloo as it looks to cement control over its Australian empire. This article originally appeared on theaustralian.com.au/property.

An island on the Swan River and an enormous headless statue in the middle of Perth Water? The rejected ideas for Perth’s waterfront revitalisation over the years are barely believable.

Discount supermarket chain Aldi will unleash a deluge of new stores across South Australia and Western Australia in 2017, as its immediate expansion plans were revealed.

Vacancy in Perth’s office market may finally have peaked, almost five years after the mining boom reached its zenith and the long slide into decline began.

British-based property firm GSA has joined Perth investment group Stirling Capital to deliver the West Australian capital’s first off-campus student accommodation tower. This article originally appeared on theaustralian.com.au/property.

The race for office space across Sydney is on as the city experiences its greatest spike in market growth in more than 20 years.

Perth CBD is set for its first new cinema in years after investment group Charter Hall secured approval for a revamp of the Raine Square shopping centre worth $240 million. This article originally appeared on theaustralian.com.au/property.

Perth commercial real estate agents say the city’s embattled office market has finally bottomed out, and are already trumpeting its revival.