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The Kings Square project in Fremantle will transform the area into a renewed retail, office, entertainment and cultural precinct. Image: HASSELL

First State makes $190m Freo foray

First State Super has made its first major investment in Western Australia, with the Sydney-based superannuation fund signing a $190 million funding agreement with Sirona Capital for the Kings Square Fremantle redevelopment.

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Total combined value of current WA projects

1st-Far East Consortium700,000,000
2nd-Finbar Group563,900,000
3rd-Sirona Capital410,000,000
4th-Edge Visionary Living360,000,000
5th-AAIG350,000,000
70 property - (built-form) developers ranked by total value of WA projects currently under construction ($)

Ranked by size of total area under management

22nd-Perdaman Industries11,655
23rd-Dexus10,700
24th-Sirona Capital10,387
25th-Perth Central Holdings9,800
26th-Hardie Finance Corporation9,000
45 shopping centre owners ranked by size of total area in m2

Number of Employees

Property - (Built-form) Developers

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