Tuesday, 25 February, 2020 - 13:35
Primewest selects Sheffield to manage significant Perth office assets
Primewest has appointed WA-owned commercial office specialist Sheffield Property to manage a key group of office assets in the city.
Digby Sutherland has over 20 years of office leasing experience in the Perth and Sydney office markets, and has implemented the project leasing campaigns for numerous new office developments in cities including World Square,1 Darling Island, 383 Kent Street, Optima Centre, Hampden Park and Kings Square at Perth City Link.
Mr Sutherland established Sheffield Property WA to provide a professional, independent office leasing alternative for clients seeking a team approach with a focus on direct tenant contact within a confidential framework. In April 2022, Sheffield Property WA was acquired by global real estate group Cushman & Wakefield and Mr Sutherland became the joint managing director of its Western Australian Commercial Real Estate business.
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Primewest has appointed WA-owned commercial office specialist Sheffield Property to manage a key group of office assets in the city.
With increased confidence in the resources sector, comes an increased demand for tenant spaces in the CBD and surrounding areas.
Perth’s office market appears to be in the beginning stages of a cyclical uplift, boosted by a booming commodities market and strong local economic growth.
In a move demonstrating confidence in Western Australia's commercial property sector, Georgiou Capital will commence construction on a Nedlands office development without pre-sales or tenant commitments.
Law firm Gilbert + Tobin is the latest company in Perth to shift address, as firms with expiring leases take advantage of the most tenant-friendly market in 25 years.
Oil and gas giant Inpex will hang its logo 24 storeys above the Perth CBD, after confirming it will stay put at 100 St Georges Terrace, one of two new leases covering 20,000 square metres in the ISPT-owned building.
Commercial property agency Sheffield Property Group has established an asset management division in anticipation of increased transactional activity in Perth’s office market in 2019.
The Department of Communities has secured almost 8,000 square metres of space at 130 Stirling Street, in a 10-year leasing deal brokered by Sheffield Property.
The gold miner is set to moves its headquarters to the building, which has a troubled history that included Mineral Resources backing out of a move there.
The acquisition was confirmed today after months of speculation.
Recent data from Cushman & Wakefield shows demand for Perth’s office space was the highest in the country over the past 18 months.
An odd couple have established a successful business chemistry, carving a niche negotiating deals in difficult markets.
The real estate group has added four new recruits to its WA industrial arm.
A total of six recruits have moved across from JLL to the multinational real estate firm's industrial team.
The real estate group has appointed a new managing director and established a new business unit.
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