Rising vacancies and falling rents in Perth’s CBD office market are putting tenants in prime position to score favourable deals, while the conditions could also result in potential bargains for institutional investors.
Pivot Group has secured a major tenant for its new West Perth office building, due for completion next year, with construction giant Leighton Contractors committing to more than half the available floor space.
The buoyancy of Perth’s CBD leasing market has led Knight Frank to appoint its first Perth-based national leasing director.Greg McAlpine, who has been head of office leasing in the Perth branch since
06 Jul 2004
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