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Herdsman's Optima Centre has sold for more than $106 million. (Photo: PACT Construction)

$210m of Perth property changes hands

Four Perth property sales worth $210 million have been announced in the past fortnight, including Herdsman’s largest office building, an iconic city shopping arcade and two industrial properties.

The largest deal was the $106.7 million sale of the Optima Centre, an A-grade office building with a net lettable area of 16,116 square metres.

The purchaser was MGP Asien Spezialfonds, a German investment fund set up by private equity group MGPA to target purchases in the Asia Pacific region.

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WA revenue

2nd-Hancock Prospecting$1.73bn
3rd↑Competitive Foods Australia$1.23bn
4th-ABN Group$1.02bn
5th↑Byrnecut$979.0m
6th-Wilson Parking$930.7m
104 private companies - large ranked by revenue most recent financial year

Housing starts

1st-BGC Australia2,436
2nd-ABN Group2,184
3rd-Ventura Home Group1,197
4th↓JWH Group1,012
5th-Summit Homes Group746
47 residential builders ranked by no. of starts (2016/2017)

Number of Employees

Private Companies - Large

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