Engineering firm Aerison will consolidate from two West Perth offices to another after signing a 1650 square metre lease deal. The 52 year old business currently operates at Kings Park Road and Altona Street. It is headed to a five-storey, A-grade 3700 square metre commercial building at 56 Ord Street completed by Iris Residential in

Primewest has settled on the $33.1 million purchase of a six storey West Perth office (pictured top and below). Vendor Warrington Capital acquired 66 Kings Park Road in 2017 for $16.1 million – a huge discount on the $46.5 million paid in late 2007 by the previous owner, Tina Bazzo, wife of local developer Alan

A Singaporean investor has made their first foray into the Perth commercial property market, paying $33 million for an office opposite Kings Park and Dumas House. The building, 1 Havelock Street, West Perth, was offloaded by WA-based Ascot Capital Limited, an investment house directed by David Van Der Walt, Greg King and Peter Agostino. The

Seven West Media is selling its Perth headquarters to a special purpose Primewest trust following a $75 million off-market deal. The Osborne Park facility occupied by West Australian Newspapers and TVW7 is trading with a 15 year leaseback. Based on the vendor’s starting net annual rent ($4.3m), Primewest Media Trust is buying it on a

Credit Suisse is selling a Perth CBD office to Fiveight, one of six business arms managed by Tattarang, the private investment company of mining billionaire and philanthropist Andrew Forrest. The property, 190 St Georges Terrace, is costing $55 million. It contains 9200 square metres of lettable A-grade area across 12 floors. Fiveight is intending a

Redhill Partners and Apollo Group’s decision to speculatively fit out the vacant 13 per cent of a Perth CBD office acquired last November from the Buckeridge family is paying off – with a cyber security group committing to the 13th level. Cyber CX has signed a six year deal for 919 square metres at 28

Stockland is selling a dairy distribution centre investment north of Perth to a Charter Hall unlisted direct property fund for $63.5 million. The deal for the two Balcatta properties – 22 Geddes Street and 20 Kenhelm St – is being struck on a circa-six per cent yield. Across 10.2 hectares, and also with substantial frontage

Fortescue Metals Group has leased a modern office warehouse near Perth Airport. The Western Australia based iron ore producer has committed to the 1670 square metre facility, 9 Longfellow Court, Belmont, for five years. The address is off Abernethy Road, six kilometres west of Perth Airport and industrial precincts at Kewdale and Welshpool. Belmont is

Six months after Harmony Agriculture and Food went into liquidation, 900 hectare beef cattle feedlot WestBeef has been listed by receiver National Australia Bank. At 46 Watson Road, Burakin, near Lake Moore, about 250 kilometres north east of Perth, the livestock logistics asset is registered to fatten 7500 cattle units headed for abattoirs. Colliers International’s

Dorado Property has paid $24.25 million for a modern office at the northern tip of the Perth CBD. The four-storey 4637 square metre commercial building at 12 Newcastle Street, on the north west corner of Lord Street, sits above the westbound entrance to the Graham Farmer Freeway Tunnel, between Royal Perth Hospital and Claisebrook train

Scentre Group is paying AMP Capital Diversified Property Fund (ADPF) $575 million for a half share, and the management rights, of the Garden City Shopping Centre in Booragoon, about 14 kilometres west of the Perth CBD. The deal, negotiated by AMP Capital for the Fund – which will retain the other half – is the