News Articles for Brookfield Properties

An internal government document reveals the estimated cost of the Perth Convention and Exhibition Centre redevelopment climbed by $507 million in six months before the project was shelved.

Positive signs are emerging for landlords in Perth's office market.

Roger Cook is back in talks with the leaseholders of the convention centre, after the state government shelved the $1.6 billion project.

The law firm's announcement that it will relocate to Brookfield's building means it's letting go of plans to lease Victor Goh's space.

Tourism Council WA says the state government's decision to halt the convention centre redevelopment will cost Western Australia “billions”.

The government says it is “working on costings” for the project, as doubts continue to plague the development.

With demand up and prices down, Perth's flexible workspace sector is marked for growth.

The CBD's office vacancy rate is the second highest in the nation and the highest it has been since January 2021.

Up to seven sites in the Perth Convention and Exhibition Centre area could be used for further development, including a hotel, as Rio Tinto eyes a move into the redeveloped space.

The numbers are pointing to an improving outlook for Perth's CBD landlords.

The oil and gas major has signalled a move to Brookfield's Nine The Esplanade from its current national headquarters at enex.

The iron ore miner is believed to have narrowed its search for a new headquarters from five sites to two.

The state government has promised $16.6 million towards planning a new Perth Convention and Exhibition Centre, in collaboration with the Wyllie Group and Brookfield joint venture.

Indigenous engagement is increasingly manifesting in the way buildings are designed.

The global investor that owns construction giant Multiplex, major CBD office towers and WA's freight rail network is set to own the state's largest grid-scale battery.

Perth's office landscape continues to evolve as the city's focal point shifts.

Developers want to cut the ribbon on a major upgrade to Perth's convention centre by the end of the decade and use a global oil and gas conference as its launchpad onto the world stage.

The stockbroking firm will join Multiplex and EY in Brookfield's Nine The Esplanade.

Ian Campbell says WA risks missing the opportunity to be at the forefront of the energy transition, unless its approvals process changes.

SRG Global will add another Elizabeth Quay project to its portfolio after being awarded a $25 million contract for work on Multiplex's Nine The Esplanade project.

Malaysian developer Victor Goh has commenced works on a 54-storey glass tower on the last remaining lot in Elizabeth Quay.

The flexible workspace provider is set to occupy space in Brookfield's second tower in Elizabeth Quay and in the BHP tower at Brookfield Place.

The wealth management firm will relocate to the St Georges Terrace tower, marking the first major leasing transaction since Chevron's exit.

The multinational law firm committed to a 12-year lease at Brookfield's newly-built One The Esplanade.

The multinational property developer has entered a joint venture with the superannuation fund on its Lot 6 development at Elizabeth Quay.

The owners of 108 St Georges Terrace are keen to reposition the asset.

The property giant is seeking to develop its remaining lots in Elizabeth Quay as its new Chevron building nears occupation.

Perth's office market is showing signs of strengthening.

Sydney-based steakhouse 6HEAD has committed to a 10-year lease at Brookfield Properties' One the Esplanade development, being the first hospitality tenant to sign up.

Lendlease and Realside are closing in on a $340 million deal to purchase the former Bond Tower from Brookfield.

Spadacinni Homes has received another accolade for its North Beach home, in a weekend of recognition for the property sector.

A spate of transactions in Perth's CBD is set to occur, with the low-profile Baldock family among the prospective buyers.

Property giant Brookfield has vowed to undertake major upgrades at Brookfield Place after anchor tenant BHP agreed to remain at the skyscraper for a further 15 years.

Groundworks have begun on a 19-storey tower at Brookfield's Lot 6 development, where it is understood a big four accounting firm intends to move.

The property developer is set to enter a 50 per cent JV with the site's current owner Wyllie Group, setting the stage for a masterplan for the area.

Brookfield Properties is anticipating offers of more than $350 million for the 51-level office building at 108 St Georges Terrace.

A career in landscape architecture has led Natalie Busch to the top of Hassell's Perth operation.

Businesses are overcoming uncertainty to commit to Perth's office space, recent data suggests.

The businesses that dominate the unlisted landscape are very different from 20 years ago.

Global law firm Clifford Chance is relocating to ground floor offices at 235 Saint George's Terrace from its current offices at number 190.