News Articles for Insurance Commission of Western Australia

The Insurance Commission of Western Australia has welcomed three new female commissioners as part of four new appointments.

Warrington Property Group has unveiled the biggest completed transaction in Perth's commercial property market this year, buying the Australian Taxation Office building in Northbridge for $101 mill

Energy retailer Synergy has finalised its lease deal to move into the Forrest Centre on St Georges Terrace, taking up 8,000 square metres in the building, which was listed for sale earlier this yea

Mining giant Rio Tinto appears to have put the kibosh on speculation it will anchor a major new commercial office tower at Elizabeth Quay, extending its lease at Central Park until 2030.

With a record run of construction coming to a close, commercial developers are facing an uncertain few years in Perth's CBD. Click through to find the special report, which also looks at Perth's biggest landlords, place making, suburban office markets and a green technology company.

Western Australia's neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.

Primewest has listed a $500 million-plus property portfolio for sale, ending weeks of speculation in the market regarding an asset sell-off.

The state government is utilising rarely used powers under the Corporations Act to take control of $1.7 billion owed to creditors of the failed Bell Group and ensure a big slice of that money is distributed to Western Australian taxpayers through the Insurance Commission of WA.

The state government will introduce legislation into parliament tomorrow designed to finalise the long-running Bell Group legal case, in which the Insurance Commission of WA and other creditors are fighting over a $1.7 billion payout.

Landlords of Perth CBD's older buildings are upgrading their facilities to keep pace with new builds.

A fresh tranche of major commercial assets will come on to the market in and around the Perth CBD this year, potentially spurring sales activity after a sluggish 12 months.

It's not easy finding a connection between a big Australian cattle company, an American business that makes jet engines, and the Western Australian government's insurance arm, but if you look closely they're all doing something at the same time – selling property.

The Insurance Commission of Western Australia is moving out of direct property investment, placing an $800 million portfolio on the market that includes three CBD office buildings and two suburban