Colliers

Experts are predicting a return of international capital to Perth’s property market, once the borders reopen.

Richard Cash is the new face of Colliers International in Perth.

Cygnet West has mounted a lawsuit against its former investment services manager in a bid to retrieve confidential information it claims is now being used at franchisor-turned-rival Colliers.

More details have emerged about the legal battle between Cygnet West and franchisor-turned-rival Colliers, with confirmation the action was prompted by the sale of the Baileys Motel.

A tight labour market has prompted a spate of Supreme Court cases dealing with employee restraint litigation.

WA’s property market is set to change as eastern states and offshore investors increase competition for assets.

The real estate group has continued to grow since its former franchise rebranded to Cygnet West.

Colliers’ research shows Perth’s industrial market is the tightest in the country, with vacancy rates at new lows and rents growing at record levels.

Julie Drago is among the industry veterans identifying opportunities in an increasingly tightening industrial market.

Silverleaf Investments has bought Bull Creek Shopping Centre from Stockland in a $78 million deal.

A spate of transactions in Perth’s CBD is set to occur, with the low-profile Baldock family among the prospective buyers.

The engineering, construction and services company is set to move to Westralia Square, following a deal with GDI Property Group.

The Property Council’s latest biannual office market report shows a slight drop in Perth’s office vacancy in the six months to January 2023.

Recent moves in the industrial property sector show the market should continue to outperform this year.

Perth’s office market is showing signs of strengthening.

Elanor Investors Group has bought a Perth shopping centre for $98.75 million in a transaction Colliers claims was the biggest in WA last year.

Moves by mining magnate Gina Rinehart to expand her company’s presence in West Perth reflect broader sentiment in the area.

The sale was split between Westbridge Funds Management and an east coast investor.

Property Council figures show a 0.2 per cent lift in Perth’s office vacancy to 15.9 per cent, the second highest in the country but amid an influx of new supply.

Quadrant Investments bought the three-level building from the Christie family.

The jointly WA and Saudi-owned Merredin Farms Wheatbelt portfolio is expected to fetch about $200 million.

Perth’s office landscape continues to evolve as the city’s focal point shifts.

The West-Perth based property giant plans to transform the site of the former Kingswood Golf Course into a residential land estate.

The Aboriginal charitable trust has added to its property assets with the $8 million purchase of the shopping centre.

The city was one of three capitals to record an increase in office vacancy, with a 0.8 per cent rise in the last six months.

Private investors have bought a Bulwer Street property for $2.51 million.

Investment management company Colliers is set to expand its Western Australian footprint through acquiring Subiaco engineering consultancy Pritchard Francis.

The Public Transport Authority has purchased a 3.27-hectare site in Bayswater for $15.59 million to house its new fleet of electric buses.

The 4.29ha landholding was purchased by the Public Transport Authority, in WA’s largest industrial sale of the year.

ANALYSIS: The international real estate company has added to its engineering capabilities with its recent WA acquisition.

The former Colliers agent has started a national real estate business with the backing of Primewest founders John Bond, David Schwartz and Jim Litis.

The Victorian syndicator that owns several WA retail assets has bought a 7-Eleven for $5.1 million.

ISPT has bought the neighbourhood shopping centre for $35.75 million from the supermarket giant.

The $74 million deal represents the biggest large format retail transaction nationally this year.

The Property Council’s latest office market report shows a marginal improvement in Perth’s office vacancy figures.

An entity controlled by multiple directors including Anthony Silvestro has bought a 32ha parcel of industrial land.

The Canning Vale purchase marks Perth’s largest industrial transaction in 15 months.