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Western Australia

Essential services News Retail Western Australia 

Syndicates swoop on WA medical centre, QSR investment

June 13, 2025June 13, 2025 Marc Pallisco

Barwon Property Funds has sold the Vasse Medical Centre, near Busselton (pictured, top). Local syndicate Optimus Private Equity is the

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Essential services News Victoria Western Australia 

Childcare centre portfolio fetches $38.5m

June 10, 2025June 10, 2025 Marc Pallisco

A Middle East investor purchased the priciest childcare centre in a portfolio sold from February to mid-March. The 120-place complex

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Industrial News Western Australia 

US promoting giant secures site for arena

June 4, 2025June 5, 2025 Marc Pallisco

Live Nation has purchased a tired cold storage facility to repurpose as an arena. The Northbridge Music Hall, as it

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Hotels News Western Australia 

ZACD quits strata hotel in the black

June 3, 2025June 3, 2025 Marc Pallisco

Hong Kong listed, Singapore based investment manager, ZACD, has sold a strata titled West Perth hotel after eight years. The

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News Queensland Retail Western Australia 

AsheMorgan lines up Brisbane, Perth shopping centres

May 29, 2025May 29, 2025 Marc Pallisco

AsheMorgan is understood to be in advanced negotiations for two major shopping centres each side of the country. In the

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Hotels News Residential Retail Western Australia 

Andrew and Nicola Forrest permitted to replace Perth mall

May 23, 2025May 23, 2025 Marc Pallisco

The Fiveight investment vehicle co-owned by Andrew and Nicola Forrest has won approval to replace the site of Perth’s ex-Carillon

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New South Wales News Queensland Retail Victoria Western Australia 

MA Financial snaps up IP Generation

May 22, 2025May 22, 2025 Marc Pallisco

MA Financial Group is buying Chris Lock’s seven year old asset management business IP Generation. In the surprise deal, worth

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News Office Western Australia 

Energy company sells HQ with leaseback

May 21, 2025May 21, 2025 Marc Pallisco

Magellan Power has sold its Perth headquarters with a three year leaseback – time it plans to build a replacement.

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News Retail Western Australia 

Lululemon to switch flagship Perth store

May 21, 2025May 21, 2025 Marc Pallisco

Lululemon will open a flagship West Australian store on the ground level of a Cbus Property office – abutting the

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Industrial News Western Australia 

Perth warehouse trades on 5.7pc yield

May 5, 2025May 5, 2025 Marc Pallisco

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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Hotels News Western Australia 

BHP razing ‘world’s toughest pub’ for park

April 28, 2025April 28, 2025 Marc Pallisco

BHP is razing the outback hotel once described as the world’s toughest pub, for a park. The mining giant paid

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News Office Residential Western Australia 

Gina Rinehart’s Hancock Prospecting proposes $250m business hub, apartments

April 22, 2025May 2, 2025 Marc Pallisco

Hancock Prospecting, owned by Australia’s richest person, Gina Rinehart, is seeking to build a $250 million office and serviced apartment

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News Residential Western Australia 

Family sells farm surrounded by housing estates

April 22, 2025May 6, 2025 Marc Pallisco

An offshore developer has swooped on a high-profile rural property surrounded by housing estates at Hammond Park – now a

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Industrial News Western Australia 

Occupiers drop $11.9m for Malaga warehouses

April 16, 2025April 16, 2025 Marc Pallisco

Two sizeable vacant warehouses a couple of hundred metres from each other at Malaga, 10 kilometres north of Perth, have

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Industrial News Western Australia 

Kelsian sells bus depot portfolio with leasebacks

April 15, 2025April 15, 2025 Marc Pallisco

Kelsian Group – the country’s largest integrated multi-modal transport provider and tourism operator – has sold three Western Australian bus

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Essential services News Office Western Australia 

Broome clinic sells for second time in four years

April 11, 2025April 10, 2025 Marc Pallisco

A state government backed office and medical centre in Broome’s Cable Beach has sold for the second time in four

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News Retail Western Australia 

Growth corridor Perth mall fetches $30.1m

April 9, 2025April 8, 2025 Marc Pallisco

Locus Property with Security Capital Australia has swooped on a modern shopping centre at Alkimos, on the coast, 45 kilometres

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Industrial News Office Western Australia 

Not for profit banks $21.6m for ex-HQ, laboratory

April 9, 2025April 10, 2025 Marc Pallisco

Kids Research Institute Australia has sold the Subiaco headquarters it quit seven years ago. The not for profit banked $21.55

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News Residential Retail Western Australia 

Woolworths sells Bunbury block to developer

April 8, 2025April 8, 2025 Marc Pallisco

Woolworths’ development arm Fabcot has sold a prominent site with three street frontages at Australind, about 160 kilometres south of

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Industrial News Office Western Australia 

Heavyweight asset managers seal Perth office, industrial lease deals

April 3, 2025April 3, 2025 Marc Pallisco

Brookfield Properties and Cbus have secured a tenant for a third of a new Perth CBD office, practical completion of

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News Residential Western Australia 

Wolfdene secures another Perth growth corridor site

April 3, 2025April 3, 2025 Marc Pallisco

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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News Residential Western Australia 

Aspen spends $45m for WA sites

April 2, 2025April 3, 2025 Marc Pallisco

EXCLUSIVE Land lease, living, lifestyle, over-55 community and tourist accommodation provider, Aspen Group, has bought a major Ravenswood block, south

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Industrial News Western Australia 

Centuria, ESR trade Perth warehouses

March 27, 2025April 1, 2025 Marc Pallisco

ESR Australia is selling two adjoining Perth warehouses – branded one business park – to Centuria for an opportunity fund

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News Retail Western Australia 

GDI banks $164m from Perth IKEA

March 27, 2025March 27, 2025 Marc Pallisco

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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News Retail Western Australia 

Perth growth corridor mall sells again

March 19, 2025March 19, 2025 Marc Pallisco

A land rich shopping centre in a north east Perth growth corridor has sold for the second time in three

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News Residential Western Australia 

Developer outlays $21m for waterfront apartment block

March 17, 2025March 19, 2025 Marc Pallisco

An under-utilised apartment block overlooking the Swan River, in South Perth, has traded for $21 million. A more luxurious residential

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News Retail Western Australia 

Saracen sheds permit-ready Bunnings site

March 17, 2025March 19, 2025 Marc Pallisco

Saracen Properties has shed a major West Perth site permit-ready for a Bunnings based mixed-use project, planned with the land

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Industrial News Western Australia 

MacLachlan family sell Australia’s biggest sheep station…again

March 5, 2025March 6, 2025 Marc Pallisco

The MacLachlan family has found another buyer for Australia’s largest sheep station after billionaire Andrew Forrest’s Fortescue Metals withdrew a

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Essential services News Office Western Australia 

Australian Unity banks $47m from medical centre

February 12, 2025February 13, 2025 Marc Pallisco

Australian Unity has sold another asset from its flagship Healthcare Property Trust. The 4996 square metre facility in Perth’s ritzy

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Hotels News Western Australia 

Far East checks out of Perth hotel

December 22, 2024December 23, 2024 Marc Pallisco

Singapore listed Far East Orchard, part of the Far East Organisation empire, has sold the freehold going concern to the

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Essential services News Western Australia 

Theatre turned medical centre collects $9.1m

December 20, 2024December 20, 2024 Marc Pallisco

The historic Beacon Theatre in Fremantle, now a high quality, fully leased medical centre, has traded between private investors. The

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News Retail Western Australia 

Arise, Barings seal record LFR deal

December 18, 2024December 19, 2024 Marc Pallisco

Barings Real Estate Australia has paid $74 million for Joondalup Square – a record this year for a large format

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News Office Western Australia 

Perth office fetches $75m from Indonesian investment manager

December 9, 2024December 9, 2024 Marc Pallisco

RF Corval has sold a Perth CBD office after nearly six years. Worth $75 million, the fund manager and developer

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New South Wales News Retail Western Australia 

Woolworths buys, sells anchored malls

December 5, 2024December 6, 2024 Marc Pallisco

Woolworths has bought and sold shopping centres it anchors east and west of the country. In a significant deal, the

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News Retail Western Australia 

Banjo Bond fills chunk of homemaker centre

December 5, 2024December 5, 2024 Marc Pallisco

Cosgrove Group has filled a major vacancy at a north east Perth homemaker centre (pictured, top) bought last April. 4WD

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Essential services News Western Australia 

RAM takes hit with medical centre sale

November 28, 2024November 28, 2024 Marc Pallisco

Real Asset Management has suffered a loss selling a South Lake healthcare investment after two and a half years. The

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New South Wales News Queensland Victoria Western Australia 

Thai developer strikes major housing estate portfolio deal

November 12, 2024November 14, 2024 Marc Pallisco

The country’s home building landscape is set for another major change with Bangkok-controlled Supalai Australia Holdings, in partnership with Stockland,

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Land News Residential Western Australia 

Major Melbourne developers buy Perth site for maiden project

October 29, 2024October 30, 2024 Marc Pallisco

EXCLUSIVE Prominent private Melbourne developers Oreana Group and Wolfdene have scooped up a major north east Perth site for a

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Industrial News Queensland Western Australia 

Westbridge buys, sells industrial assets

October 21, 2024October 22, 2024 Marc Pallisco

Perth based Westbridge Funds Management has quietly traded in two industrial deals. In the priciest, the group, on behalf of

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Essential services News Western Australia 

Record paid for WA childcare centre

October 10, 2024October 10, 2024 Marc Pallisco

HMC Capital has divested an inner north east Perth childcare centre for $7.2 million – a record for an asset

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Industrial News Western Australia 

PTA buys another site

September 19, 2024September 19, 2024 Marc Pallisco

Three weeks after acquiring a Bayswater site for its electric bus fleet, the Public Transport Authority of Western Australia has

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Industrial New South Wales News Queensland Victoria Western Australia 

ESR sells stake in $3.2b industrial fund

September 17, 2024September 17, 2024 Marc Pallisco

ESR Australia has sold a stake in a $3.2 billion industrial fund held with the Abu Dhabi Investment Authority, with

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News Office Western Australia 

Pharmaceutical society sells vacant office

September 12, 2024September 21, 2024 Marc Pallisco

The Pharmaceutical Society of Western Australia has sold a small Perth office until late last year leased to ally, the

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Industrial News Western Australia 

Government buys site for electric bus fleet

August 30, 2024September 3, 2024 Marc Pallisco

The state government has bought a major north east Perth industrial site to repurpose as a charging depot for its

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News Retail Western Australia 

Hawaiin, QIC trade mall stake

August 22, 2024August 22, 2024 Marc Pallisco

Hawaiin has acquired the half stake it didn’t control of Perth’s Claremont Quarter. QIC was the seller, the off-market deal,

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Industrial News Western Australia 

Fund manager snares Perth data centre

July 30, 2024July 30, 2024 Marc Pallisco

Centuria has bought a 15 year old Perth data centre for the Industrial REIT (CIP). The two storey facility on

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Hotels News Western Australia 

Bond family buy back historic hotel

July 16, 2024July 16, 2024 Marc Pallisco

Centuria has sold a historic Fremantle hotel picked up following its Primewest takeover three years ago. In a twist, the

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News Retail Western Australia 

Pilbara Coles finds buyer

July 9, 2024July 10, 2024 Marc Pallisco

EXCLUSIVE A Pilbara region Coles – the only full line supermarket within a 275 kilometre radius – has traded between

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Industrial News Western Australia 

Fund managers trade Canning Vale warehouse

June 24, 2024June 24, 2024 Marc Pallisco

Harmony Property Investments has bought another Canning Vale asset. The 1.53 hectare holding with a 5642 square metre office/warehouse at

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News Retail Western Australia 

GIC offloads another shopping centre stake

June 13, 2024June 13, 2024 Marc Pallisco

Singapore sovereign wealth fund GIC is selling another half stake in an Australian shopping centre, this time in Perth. JY

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Essential services News Western Australia 

Centuria banks premium from WA medical centres

June 13, 2024June 13, 2024 Marc Pallisco

Centuria has sold two small Western Australian medical centres acquired three and a half years ago to seed the Healthcare

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Industrial News Western Australia 

Government buys Australian Marine Complex lot

June 11, 2024June 11, 2024 Marc Pallisco

Engineering equipment and service provider AME has sold a major Australian Marine Complex lot to the state government’s DevelopmentWA. The

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News Retail Western Australia 

Elanor, Vicinity divest Pilbara mall

June 4, 2024June 5, 2024 Marc Pallisco

A triple anchored shopping centre in Western Australia’s Pilbara has sold to Melbourne fund manager Fawkner Property for a touch

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Hotels News Western Australia 

Christie family divests $57m motel portfolio

May 31, 2024May 31, 2024 Marc Pallisco

John Christie has sold two motels held over 30 years in Perth’s inner east Riverdale. In the biggest deal, Singapore

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News Retail Western Australia 

Woolworths secures growth corridor site

May 29, 2024May 30, 2024 Marc Pallisco

Cedar Woods is celebrating a “significant” value uplift selling a shopping centre development site at its best performing housing estate

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News Retail Western Australia 

Vicinity snares stake in landmark Perth mall

May 21, 2024May 21, 2024 Marc Pallisco

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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News Retail Western Australia 

Vicinity lists its smallest mall

May 16, 2024May 16, 2024 Marc Pallisco

Vicinity Centres is selling its smallest mall by value – in Perth’s exclusive Victoria Park, diagonally adjacent to the Burswood

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News Retail Western Australia 

Centuria picks up another Mandurah mall

May 7, 2024May 7, 2024 Marc Pallisco

Centuria has snapped up Halls Head Central – its third major shopping centre at Mandurah, 75 kilometres south of Perth.

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News Retail Western Australia 

Banjo Bond doubles down in Perth CBD

April 18, 2024April 19, 2024 Marc Pallisco

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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News Retail Western Australia 

Vicinity sheds another Perth mall

April 16, 2024April 16, 2024 Marc Pallisco

Vicinity is selling another sub regional Perth shopping centre, this time in the north east. Maddington Central is speculated to be

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News Residential Western Australia 

Council sells ex-operations centre to developer

April 15, 2024April 16, 2024 Marc Pallisco

The City of Subiaco has sold an ex-operations centre to local developer Cedar Woods which will nearly double the size

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Industrial News Victoria Western Australia 

Centuria locks in Melbourne, Perth industrial tenants

April 4, 2024April 4, 2024 Marc Pallisco

Centuria has secured tenant clients on long leases for two warehouses each side of the country. In the biggest deal,

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News Retail Western Australia 

Coles offloads near-new Perth mall

February 8, 2024February 8, 2024 Marc Pallisco

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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Industrial News Western Australia 

Hitachi doubles down in south Perth

February 6, 2024February 6, 2024 Marc Pallisco

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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New South Wales News Office Retail Victoria Western Australia 

Melbourne’s GPO for sale as part of $600m portfolio

October 16, 2023October 25, 2023 Marc Pallisco

ISPT has listed Melbourne’s GPO as part of a portfolio also with the neighbouring The Strand, a regional Western Australian

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News Residential Western Australia 

Perth site bought for new student accommodation mandate

October 11, 2023October 11, 2023 Marc Pallisco

Fund manager Australian Unity with UniLodge and MaxCap have formed a $1 billion student accommodation mandate. To be seeded with

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News Retail Western Australia 

Vicinity takes major hit on Perth mall

September 20, 2023September 20, 2023 Marc Pallisco

Four years after listing it with $650 million price hopes and 18 months since a $530m deal to Elanor Investors

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News Office Western Australia 

Lithium group shifts HQ across state

September 14, 2023September 26, 2023 Marc Pallisco

EG Funds has lured an ASX-listed lithium group from Adelaide to Perth’s 2 Mill Street. The tenant is paying a

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News Retail Western Australia 

Australian Unity sells mall after 12 years

September 14, 2023September 14, 2023 Marc Pallisco

Locus Property Group and Security Capital Australia have snapped up a neighbourhood shopping centre at Woodvale, north of Perth, for

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News Queensland Western Australia 

Westbridge reweighs portfolio with Brisbane, Perth deals

September 14, 2023September 14, 2023 Marc Pallisco

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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News Office Western Australia 

Vacant Perth office collects $33m

September 7, 2023September 7, 2023 Marc Pallisco

Cashed up Properties & Pathways investors have bought a 14 year old Perth CBD office from a syndicate including developers

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News Residential Victoria Western Australia 

Barwon boosts disability accommodation portfolio

August 29, 2023September 8, 2023 Marc Pallisco

Barwon Investment Partners has bought three assets for its Disability Accommodation Fund. In Melbourne’s Dandenong, and in Western Australia, at

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News Retail Western Australia 

Bond family buy Perth homemaker centre

August 17, 2023August 17, 2023 Marc Pallisco

Banjo Bond, the son of Primewest founder John and grandson of the late Alan, has snared a Midland homemaker centre

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News Office Western Australia 

Cadds upgrades, upsizes Perth base

August 17, 2023August 17, 2023 Marc Pallisco

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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New South Wales News Queensland Retail South Australia Spotlight Victoria Western Australia 

National CBD retail vacancy rate rises

August 10, 2023August 10, 2023 CBRE

While Australia’s CBD retail vacancy rate rose in the first half of the year current enquiry levels suggest the market

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News Retail Western Australia 

Two buyers swoop on new convenience retail investment

July 26, 2023July 27, 2023 Marc Pallisco

Arise Developments has sold two new neighbouring convenience retail investments – part of a master-planned town centre in the Whiteman

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Industrial News Western Australia 

Transport groups trade Perth depot

July 20, 2023July 20, 2023 Marc Pallisco

Cleveland Freightlines – which closed last December after 45 years – has sold one of two recently listed former depots

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Hotels News Victoria Western Australia 

Far East Consortium list Ritz-Carlton portfolio

July 12, 2023July 13, 2023 Marc Pallisco

Far East Consortium is capitalising on post-COVID demand for Australian hotel investments, listing Ritz-Carltons in Melbourne and Perth. The Hong

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Essential services News Queensland Western Australia 

RAM buys healthcare investments with development plans

June 28, 2023June 28, 2023 Marc Pallisco

Real Asset Management has acquired two healthcare assets with development upside at each end of the country. In the biggest

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Hotels News Western Australia 

Woolworths offers historic Nedlands hotel for lease

June 21, 2023June 21, 2023 Marc Pallisco

Woolworths is offering Nedlands’ historic Captain Stirling hotel for lease, four months after winning a planning battle to develop the

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Recent Posts

  • Asset managers trade modern suburban office June 13, 2025
  • Family sells business’ Northcote HQ to industrial developer June 13, 2025
  • Tenant pays landlord $7.3m for HQ June 13, 2025
  • Green light for $2b data centre, AI factory June 13, 2025
  • Barristers’ Chambers sells CBD office June 13, 2025
  • New England Pub Company snares outback hotel June 13, 2025
  • QSR investment collects $11.8m June 13, 2025
  • Hobart council buys office June 13, 2025
  • Syndicates swoop on WA medical centre, QSR investment June 13, 2025
  • The Hour Glass sells Brisbane building June 12, 2025
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