Perth office transactions fall to half long term trend: Savills
Staff ReporterDecember 7, 2020
Perth office transactions fell 64% for the year ending June 2015, down to $134 million from $424 million in the previous year.
According to the latest Perth office briefing from Savills Research, five properties were sold during the year to June, down from the previous year of nine, and less than half than the five year average of 11.
Up to June 2015 an average of 53% of spaces leased were in the Mid CBD precinct, with 54% of the deals were new tenants, 23% subleases and 17% renewals.
