Perth Commercial Property News

The nation’s second-largest health fund, HBF Health, has drawn strong bidding for the Perth office tower it occupies, with German investment house Union Investment Real Estate heading the field of interested parties.

Perth’s office sector is set to outperform the rest of Australia’s major CBD markets this year, according to leading commercial real estate services and investment firm CBRE. CBRE expects the West Australian capital to record the …

Perth’s newest four-star hotel, DoubleTree by Hilton Perth-Northbridge, has been listed for sale by Malaysian-based developer SKS Group, with offers of about $100 million expected.

Fresh from the sale of their prefabricated hotel brand Tribe, Mark and Melissa Peters, with the backing of Victor Smorgon and the Salta Group, have bought sites in Adelaide and Melbourne as part of their plan to establish up to 12 branded hotels in Australia.

Major developers including property heavyweight Lendlease and GDI, the listed Elanor Investors Group, interests associated with tycoon Kerry Stokes and the proponents of a World Trade Centre are believed to be vying to develop Western Australia’s new police headquarters, with bids closed this week.

Perth’s office market is starting the year strongly with Primewest finalising a deal to buy an office building from private equity group Blackstone for $86 million.

Can service stations continue their strong 2018 commercial property form into the new year?

Here’s your chance to run one of Perth’s most well-known watering holes, the Paddington Ale House.

The country’s second largest health fund HBF Health Limited will bring the Perth office tower it occupies to market in a move that could see it reap up to $115 million.