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Andrew Denny

CBD appeal for suburban tenants

Affordable city office space is proving to be alluring for some suburban tenants.

Navitas moves from suburbia to Brookfield Place

Perth-based tertiary education group Navitas is set to move its administrative headquarters to Brookfield Place, leasing the entire eighth floor of the 45-level tower.

Tenants, buyers win in sluggish CBD

Rising vacancies and falling rents in Perth’s CBD office market are putting tenants in prime position to score favourable deals, while the conditions could also result in potential bargains for institutional investors.

CBD office vacancy rate hits 9%

Owners of older office buildings in central Perth are struggling to find tenants, with the latest Office Market Report showing a widening gap between premium buildings and the rest of the market.

Perth sublease market set to turn around

Perth's office sublease space has increased by more than 70 per cent since the start of the year but supply is likely to have reached its peak, according to the latest research from CBRE.

Herdsman office-space to complete early

The completion date for Herdsman office development 20 Walters Drive has been brought forward to January 2014.

It’s all happening in the ’burbs

With limited construction under way in the CBD and West Perth, commercial tenants are looking to the suburbs for new office space.

Outlook bright for CBD offices: report

Rental growth in Perth's CBD office market is set to outperform the national average over the next five years, thanks to ongoing expansion in the resources sector, with forecasts tipping the vacancy rate to drop under five per cent by 2014.

Big names move to the ’burbs

National construction major John Holland is set to move its Perth headquarters to Herdsman in a major signal that the suburban market has become a strong option for CBD companies.

Refurbs put CBD buildings back in the game

As the crisis in available office space in the CBD continues, building owners are bringing refurbished space back into supply this year to take advantage of soaring rents.

CBD pre-commitments to rise

Perth’s commercial leasing agents are warning the city’s office space crisis will intensify this year, potentially leaving companies no choice but to pre-commit to proposed office projects or stay put and face expensive lease renewals.

‘West end’ fast becoming the centre of action in the city

Triggered by development, Perth city has made a noticeable shift towards what is now known as the ‘west end’ during the past 20 years.