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GDI purchased the building at 141 St Georges Terrace for $216.25 million in 2017. Photo: Attila Csaszar

GDI lifts valuation on Perth office tower

Nine months after GDI Property Group settled its acquisition of A-grade commercial tower Westralia Square, the building’s valuation has increased by $38.75 million, an encouraging sign for the Perth office market.  

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Ranked by total area owned then by total assets

2nd-Dexus138,003
3rd↑Primewest112,874
4th↑GDI Property102,746
5th↓Charter Hall87,002
6th-BGC AustraliaNFP
30 property - commercial owners ranked by size of total area in m2

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