Search Results for: Perth commercial
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FRANCHISE NEWS
Ray White Commercial welcomes Phil Zoiti to the team in Perth
Ray White Commercial (WA) is pleased to welcome hospitality and tourism property mogul Phil Zoiti to their team in Perth. Mr Zoiti, who was born and bred in the small Western Australia country town of Merredin and has more than two decades’ experience in the industry, joins as Hotel and Tourism Associate. He said he was delighted to join the…
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Commercial Real Estate
Brisbane and Perth Offices Dominate Commercial Property Awards
Raine & Horne Commercial Brisbane North was a big winner at this week’s Raine & Horne National Awards, held at Sydney’s iconic Opera House, while a purple patch for commercial markets in Perth also helped land Raine & Horne WA a number of coveted gongs. Raine & Horne Commercial Brisbane North was named Top Commercial Office (Dollar Value) for a…
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INDUSTRY NEWS
Japanese investors targeting Australian commercial property
Japanese investors have been Japanese investors have actively sought out Australian commercial real estate, while Japan itself has also become a location for international capital flows.
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INDUSTRY NEWS
World’s tallest timber tower gets the go ahead in Perth
A groundbreaking development in South Perth has received approval to become the world's tallest hybrid timber tower.
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INDUSTRY NEWS
Industrial assets remain the strongest commercial property class
Commercial assets have been the battling rising interest rates in 2023, however, industrial assets have managed to see strong ongoing demand.
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INDUSTRY NEWS
Commercial real estate sector resilient amid challenging conditions
Commercial property markets remained resilient this year despite higher interest rates hurting demand, according to a new report.
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COMMERCIAL
Perth industrial and logistics demand on the rise
Demand for industrial and logistics commercial property is rising as Western Australia's economy bounces back from the Covid era, according to new data.
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COMMERCIAL
Lendlease is making a $350 million play for a famous Perth skyscraper
Lendlease is targeting a famous Perth skyscraper developed in the 1980s by infamous WA entrepreneur Alan Bond.
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COMMERCIAL
Australian cities top the list for green commercial real estate
Sydney, Perth, and Melbourne have been named in the top five green-rated cities for commercial real estate.
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COMMERCIAL
Cheaper for small businesses to buy commercial property than lease
Raine & Horne Commercial have released their second quarter 2021 edition of Commercial insights, supplying the industry with an insight into the health of the commercial property market in Australia.
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WA
Western Australia’s commercial property market is thriving
The commercial property market in Western Australia has risen from the ashes in the last financial year, according to Ray White. Ray White Commercial research has found Western Australia (WA) has greater certainty across all sectors, with tenants again occupying premises, business up and running, and low interest rates. Ray White head of research Vanessa Rader, in conjunction with Ray…
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NEWS
Perth CBD leads the way as office market gains momentum
The Perth office markets are gaining momentum despite little improvement in Western Australia’s employment and population situation, according to Ray White’s latest Between the Lines commercial research. The report notes that, after several years of reduced sentiment and pressure on the office markets, Perth has started its recovery mode.“During the latter part of 2019, we’ve seen momentum build, resulting in real…
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Elite Agent
Knight Frank’s top predictions for commercial real estate in 2020 and beyond
The Australian commercial real estate market will see further growth in capital values and strong returns, as the impact of lower interest rates flows through and creates the conditions for yield compression, according to the latest research from Knight Frank. Ben Burston, Knight Frank's Chief Economist said "The Australian economy should gradually regain momentum in 2020…
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NEWS
Perth’s industrial space prospers on the back of employment and population growth
Ray White’s latest research has found there are signs of improvement in Perth’s industrial leasing sector, with employment and population growth leading to positive GSP results. Entitled Between the Lines – Perth Industrial Sub 5,000sq m Leasing report, the research indicates small business is driving the trend. “Take-up in industrial space has especially been outstanding over the past two years,…
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FRANCHISE NEWS
Ray White Commercial welcomes Stacie Stockham and Peter McCann to Townsville office
Ray White Commercial is pleased to welcome high-flyers Stacie Stockham, in the role of Commercial Asset Manager, and Peter McCann, in the role of Sales and Leasing, to the team in Townsville. Ms Stockham joins the Ray White Group with 14 years’ real estate experience behind her, while Mr McCann, who is Townsville born and bred, has 25 years’ experience…
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FRANCHISE NEWS
Ray White Commercial welcomes Clive Norman
Ray White Commercial (WA) is pleased to welcome experienced office leasing specialist Clive Norman in the role of Director of Office Leasing to their team in Perth. Mr Norman, who has more than 17 years’ experience in the office leasing sector, brings with him a wealth of knowledge and expertise in leasing office developments for off the plans, high-end offices…
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INDUSTRY NEWS
REA Group expands Perth presence with new Subiaco office
The office mirrors the design of other REA Group spaces around Australia, with a focus on flexible working and creative environments. The new office has an urban industrial feel and popular Western Australian landmarks adorn the walls and double as names for meeting and quiet rooms. The office will house a growing workforce of REA Group staff across Residential, Developer…
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FRANCHISE NEWS
Raine & Horne’s Anthony Vulinovich named WA’s best commercial agent
“There are many hundreds of commercial sales agents in Western Australia, so this is a terrific win for Anthony and testament to his hard work and strategic commitment to selling commercial real estate over many years,” said Terry Menage, Director, Raine & Horne Commercial WA. “Anthony’s point of difference is that he has undertaken a great deal of pre-sale work…
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INDUSTRY NEWS
Perth real estate starting to bounce back: Raine & Horne
After a sequence of flat years due to the resource sector downturn, there are early signs Perth’s property market is turning a corner, according to leading real estate group, Raine & Horne. “Economic reports in January and February will set the tone for a 2017 rebound,” said Craig Abbott, General Manager WA, Raine & Horne. “The key factors we’ll be…
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INDUSTRY NEWS
Property values to increase but rate of growth likely to slow: HTW
Property price growth rates are set to slow down over the remainder of 2024, according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Luxury development skips the showroom in favour of Virtual Reality
A new Queensland development is changing the way off-the-plan properties are sold, with the sales team embracing Augmented Reality (AR) and Virtual Reality (VR) technology and doing away with the traditional showroom.
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INDUSTRY NEWS
Hotel room rates surge as Taylor Swift fever takes hold
Tourism assets are seeing a resurgence with a string of big-name artists including Taylor Swift and high-profile sporting events helping boost room rates across the country.
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INDUSTRY NEWS
‘Bleak’ outlook for office assets as workers stay home
Workers are not returning to the office leading to sustained upward pressure on vacancy rates and a negative outlook for the sector according to an expert.
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INDUSTRY NEWS
Sea change out, tree change in: Australians flock inland for an affordable lifestyle
Buyers are swapping the beach for the bush when it comes to relocating to more affordable regional areas, new research reveals.
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Elite Agent
Nerida Consibee: property market predictions for 2024
Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across Australia in 2023.
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INDUSTRY NEWS
Tourism and industrial sectors the big winners this year
The tourism and industrial sectors have been the shining lights in whats been a rough year for commercial property, according to an expert.
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INDUSTRY NEWS
Demand for regional property ‘here to stay’
The pandemic-infused flight to the regions is here to stay with a number of more affordable areas likely to see continued growth according to a new report.
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INDUSTRY NEWS
Fleeing the CBD: Australia’s rising rents force tenants to the fringes
Australia’s combined capital city rents have soared a further 10 per cent in the year to September, with tenants forced to look further away from the CBDs to find cost-effective properties.
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Elite Agent
Wide verandas, picket fences or the CBD? How coastal cities near the capitals could ride post-COVID waves of growth
The COVID-19 pandemic triggered population growth in regions at the expense of capital cities. Regional migration has since stabilised, but the pandemic has left its mark. Australians reassessed where they wanted to live and work.
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INDUSTRY NEWS
Queensland and Western Australia seeing increased demand for office space
While office vacancy rates are rising in Sydney and Melbourne, demand has lifted Queensland and Western Australia according to an expert.
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INDUSTRY NEWS
More student accommodation needed to keep up with demand
Developers haven’t been building enough student accommodation, and with international student numbers surging, it’s been putting more pressure on housing supply according to an expert.
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INDUSTRY NEWS
Property market still faces “significant headwinds” despite a rebound in prices
After six months of property prices rising in the face of high-interest rates, the ongoing recovery still faces “significant headwinds” in the second half of 2023 according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
The hotel industry rebounds as tourism nears pre-COVID levels
The hotel sector is showing signs of a return to pre-COVID occupancy levels, while room rates are also forging ahead according to an expert.
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INDUSTRY NEWS
REIV leader Quentin Kilian and Charter Hall co-founder Cedric Fuchs named in King’s Birthday Honours List
Real Estate Institute of Victoria Chief Executive Officer Quentin Kilian has been named in the King’s Birthday Honours List, receiving a Medal of the Order (OAM) for his service to the real estate industry.
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INDUSTRY NEWS
Could Chinese developers Forbes Global 2000 rankings spark hope for Aussie build-to-rent solutions?
One of China’s largest residential property developers, with a key stake in build-to-rent in the country, has ranked second on Forbes’s Global 2000 list of the 10 largest real estate companies in the world.
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