Perth Commercial Property News

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

Landmark Northbridge restaurant building sold for $1.85m
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Landmark Northbridge restaurant building sold for $1.85m
An iconic Northbridge building, which has been home to Perth’s much-loved Sorrento Restaurant for almost four decades, has been sold for $1.85 million. The property, at 158 James Street, sits in the heart of the busy inner city entertainment precinct and has etched itself in the hearts (and bellies) of many West Australians.
Perth CBD’s London Court owners sitting ‘on a gold mine’
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Perth CBD’s London Court owners sitting ‘on a gold mine’
Sellers of Perth CBD’s London Court have been swamped by enquiries after the precinct was listed for sale for the first time in 70 years.
WA office market shows resilience amid pandemic pressure
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WA office market shows resilience amid pandemic pressure
Perth’s CBD office market has remained one of the most robust in Australia, despite COVID-19 transitioning businesses from traditional workplaces to work-from-home set-ups. Industry analysts say it is largely due to the booming resources sector.
Singapore’s CIG keeps faith in Australian property with Perth swoop
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Singapore’s CIG keeps faith in Australian property with Perth swoop
Singapore’s sovereign wealth fund GIC has swooped on a quarter stake on the under-construction Chevron headquarters in Perth, with the deal valuing the building at close to $900m.
A million commuters to be absent from CBDs with shift to work from home
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A million commuters to be absent from CBDs with shift to work from home
More than a million commuters will be absent from CBDs across Australia’s capital cities as working from home emerges as one of the biggest social shifts due to the COVID-19 pandemic.
Andrew Forrest flags commercial property push after buying $55m Perth office
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Andrew Forrest flags commercial property push after buying $55m Perth office
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.
Legal saga continues for Perth’s Raine Square project
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Legal saga continues for Perth’s Raine Square project
For Perth developer Luke Saraceni, the past decade has partly been about putting the events of the last global financial crisis ­behind him.
Sales sealed as Perth commercial property defies pandemic
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Sales sealed as Perth commercial property defies pandemic
Perth’s commercial property market is bouncing back from the coronavirus pandemic, with buyers vying for assets across the city.
Former Subiaco supermarket site flies off the shelf
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Former Subiaco supermarket site flies off the shelf
A major Perth supermarket site has been snapped up for $15.5 million, flagging the local market is improving, agents say.
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