Western Australia

A medley of commercial property types attracted interest over the Christmas-New Year season from offices to shopfronts, medical facilities and warehouses.

The historic town in WA’s Pilbara region is likely to be turned into an eco-tourism enterprise that celebrates Aboriginal culture, following an expressions of interest campaign for the sale of the township.

A record number of industrial and warehouse listings, including a novel opportunity for people to create their own ‘city cave’, made last week’s most-viewed commercial properties.

Billionaire Andrew Forrest’s private Fiveight operation has snapped up a Perth office building for about $55m, flagging a push into commercial property at a time when many listed groups are selling down.

For Perth developer Luke Saraceni, the past decade has partly been about putting the events of the last global financial crisis ­behind him.

Perth’s commercial property market is bouncing back from the coronavirus pandemic, with buyers vying for assets across the city.