WA Commercial Property News

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

Stake in WA’s largest shopping centre up for grabs
The Future Fund is looking to ­reduce its exposure to Perth’s strongly performing retail market through the offer of its stake in the $1.2 billion Lakeside Joondalup Shopping City.
Perth’s DFO set to open next month
Western Australia’s first Direct Factory Outlet will open in four weeks.
Goldman Sachs to reap big return from WA’s William Square
Investment bank Goldman Sachs stands to reap a significant return as property funds manager Warrington Property puts William Square in the Perth suburb of Northbridge on the block for more than $170 million.
Vicinity sells Perth’s Flinders Square shopping centre
Listed shopping centre giant Vicinity Centres has sold Flinders Square in Western Australia for $39.5 million as it shifts focus to larger properties and chases mixed-use opportunities.
What would you build on this historic WA waterside farm?
Mandurah’s historic Sutton Farm has been listed for sale after years of development wrangling with council and heritage authorities.
Fremantle’s first hotel has $100m price tag
Western Australia’s hotel market is to receive a fresh test as property fund manager Primewest puts the historic Esplanade Hotel in Fremantle on the block for more than $100 million.
Two former Masters sites snapped up within four weeks
Two former Masters hardware sites in Perth have been sold after just four weeks on the market.
Perth commercial market could ride lithium jobs boom
Just as the success of Western Australia’s ‘Lithium Valley’ project depends on the state’s ability to create fully integrated supply chains, experts have said that the impact of any jobs boom on the property market will only be significant if thousands, rather than hundreds, of new jobs are created.  
$91m sale continues Perth office fightback
Growthpoint Properties has snapped up an A-grade Perth ­office building from the Investa Office Fund for $91.325 million, a clear increase on the property’s recent valuation.
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