Perth Commercial Property News

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.

Hong Kong-listed Far East Consortium has bought two lots in the Perth City Link project, with plans for a $219 million mixed-use development including a hotel and apartments. This article originally appeared on theaustralian.com.au/property.

Just a week after WA Premier Colin Barnett was on hand to turn the first sod at its $400 million mixed-use project, the Hong Kong-listed Far East Consortium has put The Ritz-Carlton Perth on the block. This article originally appeared on theaustralian.com.au/property.

The Australian capital city office vacancy rate is at the highest point in two years, as a growing number of spaces come on to the market and areas outside of Sydney and Melbourne struggle. This article originally appeared on theaustralian.com.au/property.

Australia’s two-paced retail market has continued to diverge, with rental growth in Sydney and Melbourne still gathering steam, while other cities tread water or lose ground.