Engineering school spends $6.5m in West Perth
The Engineering Institute of Technology has forked out $6.475 million for neighbouring West Perth offices. The three storey building at
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Engineering firm Aerison consolidates West Perth offices
Engineering firm Aerison will consolidate from two West Perth offices to another after signing a 1650 square metre lease deal.
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Primewest settles on $33.1 million West Perth office
Primewest has settled on the $33.1 million purchase of a six storey West Perth office (pictured top and below). Vendor
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Ascot Capital Limited sells West Perth office for $33 million to first time Singaporean investor
A Singaporean investor has made their first foray into the Perth commercial property market, paying $33 million for an office
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Charter Hall collects $34.65m from West Perth, Mulgrave
Charter Hall managed Diversified Property Fund will sell West Perth’s Spinifex House for $28.25 million to a syndicate. The price
Read moreStockland Sells West Perth Office For $30 Million
SYDNEY based Stockland has sold a West Perth office building for $30 million.
The fully leased office, at 1 Havelock Street, traded on a yield of 8.2 per cent.
Stockland paid $28.8 million for it in 2008. In June last year, the asset had a book value of $31.2 million.
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Westbridge reweighs portfolio with Brisbane, Perth deals
Westbridge Funds Management has reweighed its portfolio with two deals. In the biggest transaction, the group is banking $19.3 million
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Westbridge sells Perth medical centre
Westbridge Funds Management has sold the fully leased Cottesloe Medical Centre for $11.8 million – more than double what the
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Westbridge diversifies fund with Perth retail
Westbridge Funds Management has acquired a small south Perth retail investment for the Diversified Fund No 4 (WDF4). The 1.074
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BlackRock, Primewest spend $260m on Perth office
A BlackRock Real Assets advised fund, in a new partnership with Primewest, is paying $260 million for a Perth CBD
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Primewest Media Trust buys Seven’s Perth HQ for $75m off-market
Seven West Media is selling its Perth headquarters to a special purpose Primewest trust following a $75 million off-market deal.
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Perth asset manager buys Melbourne warehouses
Westbridge Funds Management has swooped on an industrial investment in Melbourne’s north Thomastown. The 7600 square metre asset, 62 Northgate
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AsheMorgan lines up Brisbane, Perth shopping centres
AsheMorgan is understood to be in advanced negotiations for two major shopping centres each side of the country. In the
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Lululemon to switch flagship Perth store
Lululemon will open a flagship West Australian store on the ground level of a Cbus Property office – abutting the
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Perth warehouse trades on 5.7pc yield
A Welshpool warehouse leased for four more years to vehicle fit out service provider PTE has sold. The $7.5 million
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Westbridge sheds last asset from diversified fund
Westbridge Funds Management has sold the final asset from the Diversified Property Trust delivering unitholders a 156.6 per cent net
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Growth corridor Perth mall fetches $30.1m
Locus Property with Security Capital Australia has swooped on a modern shopping centre at Alkimos, on the coast, 45 kilometres
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Heavyweight asset managers seal Perth office, industrial lease deals
Brookfield Properties and Cbus have secured a tenant for a third of a new Perth CBD office, practical completion of
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Wolfdene secures another Perth growth corridor site
Melbourne developer Wolfdene has quietly purchased another Perth growth corridor housing estate site. The nine hectare tract, covered by the East
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GDI banks $164m from Perth IKEA
GDI has sold Perth’s only IKEA, at Innaloo, after just over seven years. The ASX-listed group, which held the asset,
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Westbridge seeds opportunity fund with $30m factory
EXCLUSIVE Westbridge Funds Management will seed an industrial focused opportunity trust with a major manufacturing plant in Brisbane’s TradeCoast precinct.
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Westbridge sheds another Melbourne asset
Westbridge Funds Management has divested another asset from its MPS Diversified Property Trust. The 1.39 hectare office/warehouse, 2-14 Independent Way,
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Perth office fetches $75m from Indonesian investment manager
RF Corval has sold a Perth CBD office after nearly six years. Worth $75 million, the fund manager and developer
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Major Melbourne developers buy Perth site for maiden project
EXCLUSIVE Prominent private Melbourne developers Oreana Group and Wolfdene have scooped up a major north east Perth site for a
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Westbridge buys, sells industrial assets
Perth based Westbridge Funds Management has quietly traded in two industrial deals. In the priciest, the group, on behalf of
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Westbridge buys maiden NSW asset
Perth-based fund manager Westbridge has made its maiden New South Wales investment – a neighbourhood shopping centre at North Tamworth.
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Vicinity snares stake in landmark Perth mall
Vicinity Centres is believed to be in advanced negotiations for a half stake in Perth’s enormous Lakeside Joondalup Shopping Centre,
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Banjo Bond doubles down in Perth CBD
Banjo Bond’s Cosgrove Group has snapped up adjoining CBD retail assets from JJ Leach, which developed them a decade ago
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Centuria locks in Melbourne, Perth industrial tenants
Centuria has secured tenant clients on long leases for two warehouses each side of the country. In the biggest deal,
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Coles offloads near-new Perth mall
Coles has sold another neighbourhood shopping centre with a part leaseback, this time in Perth’s Brabham. The result for Whiteman
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Hitachi doubles down in south Perth
Hitachi Construction Machinery Australia will expand its Western Australian operation, buying a 5.2 hectare block next to a $60 million
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Perth site bought for new student accommodation mandate
Fund manager Australian Unity with UniLodge and MaxCap have formed a $1 billion student accommodation mandate. To be seeded with
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Vicinity takes major hit on Perth mall
Four years after listing it with $650 million price hopes and 18 months since a $530m deal to Elanor Investors
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Vacant Perth office collects $33m
Cashed up Properties & Pathways investors have bought a 14 year old Perth CBD office from a syndicate including developers
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Bond family buy Perth homemaker centre
Banjo Bond, the son of Primewest founder John and grandson of the late Alan, has snared a Midland homemaker centre
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Cadds upgrades, upsizes Perth base
Brookfield Properties has secured draft and design consultancy Cadds Group to the third floor of Perth’s Royal Insurance Building. The
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Inghams commits to east Perth warehouse
ASX listed poultry supplier Inghams Group has committed to a temperature-controlled distribution centre at LOGOS’ Hazelmere Logistics Estate, east of
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Arcana snaps up Brisbane, Perth offices
Arcana Capital, co-directed by former Queensland premier Campbell Newman, has acquired two modern offices for a trust now seeking investors.
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Elanor, Stockland trade Perth shopping centre
Elanor Investors Group (ENN) has acquired a Western Australian shopping centre – to upgrade and part sell-down. Riverton Forum, 11
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Collingwood’s newest office complete
RF Corval has opened the Collingwood office it purchased on a funds through basis just before the 2020 lockdown. 71 Gipps Street,
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Charter Hall swoops on $300m Perth business park
Charter Hall is purchasing a half dozen industrial investments and another six under construction, within the ROE Highway Logistics Park,
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Forrests buy Perth mall with redevelopment plan
Andrew and Nicola Forrest’s Fiveight – a property investment arm of the pair’s Tattarang – has picked up Perth’s Carillon
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Primewest lists $200m shopping centre portfolio
Primewest has listed four neighbourhood shopping centres and Tyne Square, in the Perth CBD, on behalf of a matured fund.
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ADC adds another suburban Perth office to portfolio
Australian Development Capital has picked up another inner Perth office investment – this time in the west. The refurbished three
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Gurner heads west with Nedlands project
Gurner has diversified into another market – Western Australia – teaming with Costa Property Group and Grange Developments on a
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Goldfields moves into Western Australia with Margaret River buy
Goldfields has purchased its maiden Western Australian housing estate site at Margaret River. The 47.12 hectare holding, 211 Darch Road,
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GDI picks up two Perth car parks from Perron
GDI Property Group is paying Perron Group $68.5 million for two Perth CBD car park investments with long term development
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Irongate invests $156m in Perth, Melbourne
Irongate (IAP) is paying $26 million for a business park in Perth’s Bibra Lake. The deal for 16 Aspiration Court
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Westbridge seeds fund with Broadmeadows warehouse
Holman Industries has sold a major Broadmeadows warehouse with a leaseback. The $15.36 million deal for 125 and 145 Northcorp
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Cedar Woods adds coastal Perth site to pipeline
Cedar Woods Properties has paid $49.5 million for a low density housing site in Eglinton, a coastal town about 45
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Primewest snaps up Potts Point retail investment
Primewest has purchased the sixth asset for its Daily Needs Retail fund (DNR) – at Potts Point, in Sydney’s inner
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Aspen settles on Perth apartment blocks
Aspen Capital has settled on 17 Perth apartment blocks – offloaded by the Buckeridge Group of Companies via a Nomination
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Westbridge bolsters Brisbane industrial portfolio
A week after paying Centuria $16.1 million for a Wacol warehouse, Westbridge Funds Management has picked up a smaller one
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Charter Hall secures QLS to west Sydney industrial park
QLS Logistics has signed a 10 year lease for an industrial facility Charter Hall is constructing in Sydney’s west. The
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Coles, Primewest trade Byford property again
Coles Group has sold a four year old shopping centre to Primewest – the group it bought the land to
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Dexus in c$1b play for Perth airport, industrial estate
In what would be its first operational infrastructure investment, Dexus is speculated to be paying more than $1 billion for
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Perron Group sells Perth mall
Perron Group has sold The Square Mirrabooka after 32 years. The $195 million deal is with Melbourne-based Fawkner Properties, which
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Primewest in $15m Barossa vineyard play
Primewest is speculated to be picking up a collection of South Australian vineyards leased back to Rolf Binder, a business
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DHL commits to $83m west Sydney warehouse
ESR Australia has committed DHL Supply Chain to a temperature-controlled distribution centre for pharmaceutical products. The 36,000 square metre facility
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George Weston Foods pays $11.5m for Hope Valley industrial site
George Weston Foods has spent $11.5 million ex-GST on an industrial development site at Hope Valley, about 30 kilometres south
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Primewest wins M/Group management contract for Albany, Hervey Bay malls
Primewest has won an asset management contract for two M/Group shopping centres each side of the country. In Albany, 400
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Primewest offers $88.3m for shopping centres at Dianella, Victoria Park
EXCLUSIVE Primewest is seeking to purchase two Perth shopping centres from Vicinity for another new trust. In the biggest deal
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Primewest pays $70m for Southbank retail, childcare investment
OSK Group has sold Melbourne Square Shopping Centre – a component of its $2.8 billion master-planned residential-based village in Southbank
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Primewest spends $17.5m on childcare centres for new income fund
EXCLUSIVE Primewest is acquiring three childcare centres for a new fund. In the priciest deal, it is paying $7.25 million
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Andrew Forrest’s Fiveight outlays $55m for Perth CBD office
Credit Suisse is selling a Perth CBD office to Fiveight, one of six business arms managed by Tattarang, the private
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Cyber CX rents part of late Len Buckeridge’s Perth HQ
Redhill Partners and Apollo Group’s decision to speculatively fit out the vacant 13 per cent of a Perth CBD office
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Stockland sells Perth dairy distribution centre to Charter Hall for $63.5m
Stockland is selling a dairy distribution centre investment north of Perth to a Charter Hall unlisted direct property fund for
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Primewest buys Dubbo Toyota and Lexus dealership for $12.5m
EXCLUSIVE Primewest has bought a third investment for its Diversified Income Trust No 4 – this time in the New
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Primewest pays Charter Hall $91.5m for shopping centres at Greystanes and West Ryde
Primewest has snapped up two more Sydney shopping centres for its newly mandated Australian Daily Needs trust. The Pemulwuy and
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Primewest pays Woolworths $34.75m for Spring Farm Shopping Centre
Woolworths has sold another modern shopping centre investment, this time in Sydney’s south west Spring Farm, banking $34.75 million. The
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MPF outlays $24.5m on suburban offices in Melbourne, Perth
Mair Property Funds has purchased two suburban offices, in Melbourne and Perth – completed the renovation of one, and successfully
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Fortescue leases modern warehouse near Perth Airport
Fortescue Metals Group has leased a modern office warehouse near Perth Airport. The Western Australia based iron ore producer has
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National Resources Conservation League lists $20 million-plus Cranbourne West building block
National Resources Conservation League is selling a 9.2 hectare Cranbourne West development site being encroached upon by housing estates. The
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Receiver lists 900ha Burakin feedlot WestBeef
Six months after Harmony Agriculture and Food went into liquidation, 900 hectare beef cattle feedlot WestBeef has been listed by
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Dorado Property buys Compass Group’s Perth HQ for $24.25 million
Dorado Property has paid $24.25 million for a modern office at the northern tip of the Perth CBD. The four-storey
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Jeanswest in Australia enters administration
Jeanswest’s Australia arm is the latest retailer to enter voluntary administration. The casual and maternity clothing company, founded by flamboyant
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Scentre pays $575 million for half-share of Booragoon’s Garden City Shopping Centre – and rebrands it a Westfield
Scentre Group is paying AMP Capital Diversified Property Fund (ADPF) $575 million for a half share, and the management rights,
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Charter Hall resets leases with Coles for distribution centres in Adelaide, Perth
EXCLUSIVE In a surprise and strategic move, Charter Hall Group and Coles have extended tenancy terms for major distribution centres
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Mair Property Funds spends $27.55 million on commercial real estate investments in Adelaide, Perth
Mair Property Funds (MPF) has spent $27.55 million on commercial assets in Adelaide and Perth – its fourth and fifth
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ASX-listed Finbar buys fourth Perth CBD development site in a year
A vacant hotel on a 1697 square metre Perth CBD plot has sold to Western Australia’s largest apartment developer, Finbar,
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