WA Commercial Property News

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

WA commercial property to share in $155m coronavirus relief
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WA commercial property to share in $155m coronavirus relief
https://www.realestate.com.au/news/wa-announces-rental-relief-for-residential-and-commercial-tenancies/
Regional Quests flying as rival hotels shut down
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Regional Quests flying as rival hotels shut down
While CBD hotels in Sydney, Brisbane and Melbourne are shutting, Quest Apartment ­Hotels reports the franchisee-owned company is picking up lots of rural business during the coronavirus pandemic, particularly in Western Australia and the ­regional NSW towns of Goulburn, Orange and Tamworth.
Perth office market action ramps up
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Perth office market action ramps up
Listed property investment and funds group GDI is stepping up its push into the Perth market and is in talks to buy the city’s Durack Centre that diversified major Stockland put on the block for about $110 million last year.
Invesco stakes claim in Chevron’s future Perth headquarters
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Invesco stakes claim in Chevron’s future Perth headquarters
Global house Invesco has stamped its authority on Perth’s property market with the purchase of a half-stake in an $800 million skyscraper being developed by Canadian giant Brookfield as the headquarters of oil and gas giant Chevron.
Primewest buys up WA shopping centre and office tower
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Primewest buys up WA shopping centre and office tower
The John Bond-led Primewest has snapped up an office block and a shopping centre in Western Australia in deals worth $65m in total as it buys fresh assets that will add to its $4 billion property funds empire.
Albany B&B-turned-boarding house a quiet escape
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Albany B&B-turned-boarding house a quiet escape
When Rosie Deveson and her family moved to Albany for a seachange 13 years ago, it was to escape the bright lights and bustling cityscapes of New York, London, Hong Kong and Singapore.
Garden City sale bolsters shopping centre sentiment
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Garden City sale bolsters shopping centre sentiment
The shopping centre industry has been bolstered by the sale of a half-stake in one of Perth’s largest properties, the $1.1bn Garden City, to local Westfield owner, the Scentre Group.
Clive Palmer secures HQ for West Australian expansion
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Clive Palmer secures HQ for West Australian expansion
Billionaire Queensland businessman Clive Palmer has continued his aggressive real estate acquisition spree and is expanding further into Western Australia, leasing corporate headquarters in an office tower controlled by John Bond, son of the late entrepreneur Alan Bond.
Woodside Petroleum goes to war with Perth landlord
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Woodside Petroleum goes to war with Perth landlord
Oil and gas heavyweight Woodside Petroleum is seeking an injunction against its landlord to prevent it from developing two new towers in front of its gleaming Perth headquarters.
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