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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$1.71bn
3rd↑Competitive Foods Australia$1.23bn
4th↑ABN Group$1.06bn
5th↑Wilson Parking$930.7m
6th↓Byrnecut$615.8m
95 private companies - large ranked by revenue most recent financial year

Housing starts

1st-BGC4,049
2nd-ABN Group2,572
3rd-JWH Group1,099
4th-Pindan1,004
5th-Summit Homes Group961
42 residential builders ranked by no. of starts (2015/2016)

Number of Employees

Private Companies - Large

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