Perth may have the highest office building vacancy rate nationally, but that's done little to dampen the confidence of investors, developers and real estate agents.
ASX-listed GDI Property Group has lodged plans for a new office tower and a revamp of buildings within its CBD Mill Green complex, proposing a new business and social precinct.
The state's top gold producer has signed one of the biggest office leasing deals for 2020, securing a tenancy at Brookfield Properties and Hawaiian's 235 St Georges Terrace.
Will working from home reshape the role of the office? Business News explores the potential impact on Perth's commercial property sector as part two of the Working From Home Series.
Brookfield Properties has filled its last vacancy at 123 St Georges Terrace welcoming global recruitment firm Robert Walters on a seven-year lease, the deal settling at a time when Perth's commercial market faces some uncertainty.
Virgin Australia is expected to receive as many as eight non-binding indicative offers from potential buyers, which will be whittled down over the next few days to a shortlist of around three, its administrators said.
Major commercial construction jobs have been derailed by the novel coronavirus crisis, with neither the public nor the private sector stepping up to provide certainty for contractors.
SRG Global has secured a major portion of construction works at Chevron's new headquarters, currently being built at Elizabeth Quay, under a $72 million contract with Multiplex.
Brookfield has celebrated the start of building work at Chevron's new $360 million headquarters at Elizabeth Quay by unveiling an investment partner in the landmark project.
Construction of Perth's next premium grade office tower will commence in the middle of next year at Elizabeth Quay after Brookfield Properties and Chevron signed a 15-year sale-and-leaseback deal today.
The man behind the Perth expansion of Australia's biggest architecture practice is expecting a quantum shift in the way projects are developed in the city.
Perth's next wave of CBD developments is taking shape, with Brookfield Property Partners' plans to add an 8-storey office tower to a redeveloped Elizabeth Quay busport approved this week, and its $360 million riverside headquarters for Chevron also understood to have gotten the nod from planning authorities.
SPECIAL REPORT: Commercial property player and Perth's biggest landlord, Brookfield, is building on its success across the city with big plans and a strategic focus.
Chevron Australia has given the green light to a purpose-built tower at Elizabeth Quay, lodging a development application for a 30-level building for lot seven of the precinct.
Global architect firm Woods Bagot has taken out the top prize at this year's Design Institute of Australia WA awards for its revamp of Perth's 19th century Palace Hotel.
The $216 million sale of Westralia Square and the purchase of the Quadrant building for $175 million have been the largest-value office transactions of 2017 thus far.
Brookfield Property Partners today unveiled the design blueprint for its $1.1 billion twin tower development at Elizabeth Quay, following its entry into project delivery agreements. Click through to see animated fly through video.
Woodside Petroleum is hoping to win state government backing for a new 700-bed fly-in, fly-out camp at Karratha, after selecting a consortium led by Multiplex and Compass Group to build, own and operate the facility.
A growing chorus of major voices in Perth's commercial property sector is suggesting the worst of the recent period of sluggish activity may be over, with consistent demand for space and renewed investor interest indicating the marketplace is on the improve.
Brookfield Property Partners' 52-storey plan for Elizabeth Quay has been endorsed by the City of Perth, ahead of any formal assessment by the Metropolitan Redevelopment Authority.
Law firm Gilbert + Tobin was so pleased with the fit-out when it moved into its new Sydney offices last year, it decided to borrow heavily from those plans when it shifted to new premises in Perth.
Office tenants are favouring properties owned by listed trusts and superannuation funds over private owners, as competition to fill vacant buildings along the terrace intensifies.
Banking giant Westpac has been confirmed as the newest tenant for Brookfield Place Tower 2, as one of the city's newest office towers moves towards full occupancy.
SPECIAL REPORT: Local developer and syndicator Primewest joined the list of Western Australia's top three office landlords following its $113 million purchase of a 50 per cent stake in Exchange Tower.
The youngest son of the late John Roberts, who founded construction company Multiplex, has joined the board of Mineral Resources, filling the seat left vacant when long-serving director Joe Ricciardo retired in April.
