News Articles for ISPT

An east coast investment firm has bought Brighton Village for $25.3 million, marking Colliers' second Perth neighbourhood shopping centre transaction within 12 months.

Stakeholders are working to activate vacant CBD spaces with art, but hurdles are limiting potential.

Queensland's Trilogy Funds has embarked on a capital raise to acquire the Butler shopping centre from ISPT.

ISPT's $40 million revamp of 100 St Georges Terrace is expected to be complete later this year.

ISPT has bought the neighbourhood shopping centre for $35.75 million from the supermarket giant.

The property fund is set to develop a $40 million retail, hospitality and office precinct, as part of South32's move to the building.

The mining group's staff were informed this week that they are set to move to the ISPT asset by 2025.

The family behind the long-running Bocelli's Espresso have lodged plans for a major new hospitality venue on Hay Street Mall.

The owner of Forrest Chase has launched legal action against the City of Perth, seeking a court order which would force the vacation and demolition of Bocelli's Espresso in Forrest Place.

Perth's embattled CBD retail market is undergoing a bottom-up revival, with strong enquiry from prospective food-and-beverage operators despite a number high-profile chain stores closing their doors.

SPECIAL REPORT: Landlords unwilling to budge on rents have been blamed for exacerbating Perth's retail downturn, but leading leasing agents say the sector's problems are substantially more complicated than the cost of tenancies.

Subdued retail conditions in WA have resulted in more than $2.5 billion of shopping centre expansions to be deferred or have no timetable for development.

Dexus' $200 million Carillon City redevelopment is set for Development Assessment Panel approval tomorrow, which will make it the third major retail upgrade in Perth's CBD in recent years.

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.

The $110 million redevelopment of Forrest Chase is set to proceed unhindered after the Supreme Court granted an injunction against the owners of a neighbouring cafe, who had blocked work by head contractor Lendlease by staying open all night.

SPECIAL REPORT: Property groups are chasing retail opportunities in Perth's CBD with a pipeline of upgrades and developments worth more than $250 million.

Oil and gas giant Inpex will hang its logo 24 storeys above the Perth CBD, after confirming it will stay put at 100 St Georges Terrace, one of two new leases covering 20,000 square metres in the ISPT-owned building.

Vacant shops are usually considered to be harbingers of doom and gloom in the retail sector, but that may not necessarily be the case in Perth's CBD.

National builders John Holland and Probuild are embracing new strategies to enhance their standing in the WA construction market.

Mirvac Group has shifted its strategy to reflect the nature of Perth's patchy apartments market, rolling out more affordable dwellings at its Leighton Beach and Claremont projects instead of multimillion-dollar luxury apartments.

Brookfield Multiplex will start work by the middle of the year on a $350 million expansion of Mandurah Forum, with the redevelopment to make the southern suburbs mall the sixth-biggest shopping cen

SPECIAL REPORT: Slowing population growth and a stalling economy are producing significant headwinds in the residential land sector.

The traditionally dominant players in Australian retail are being forced to reinvent themselves in the face of increased competition – from each other, and a host of international raiders.

Retail and office landlords are building on the City of Perth's initiative to focus on Forrest Place, which is emerging as the next precinct of the CBD to undergo a significant transformation.

Developers are bringing the main street back to the suburbs by integrating them, as well as housing, into new shopping centre builds.

Work will start on a game-changing redevelopment of Forrest Chase in coming months, with fund manager ISPT expected to receive planning approval for a major revamp of the CBD mall later this week.

Development activity in the Perth apartment market has risen to its highest level since the GFC, with national players getting more active in WA.

PERTH builder Gerry Hanssen is a great example of the value of aligning your business with good partners.

Federation Centres, formerly known as Centro Retail, has sold half stakes in its Mandurah and Halls Head shopping centres as part of a $371.4 million deal with property fund manager ISPT.

ARCHITECTURE firm Hames Sharley was recognised at this year's Property Council of Australia/Rider Levett Bucknall WA Innovation & Excellence Awards for its work on 100 St Georges Terrace/Enex100.