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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

3rd↑Primewest108,666
4th↓Charter Hall103,118
5th-GDI Property102,746
6th-BGC AustraliaNFP
7th↑Mirvac60,951
31 property - commercial owners ranked by size of total area in m2

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