West Perth office sales hit $87 million year to March: Savills

West Perth office sales hit $87 million year to March: Savills
West Perth office sales hit $87 million year to March: Savills

Office sales greater than $1 million in the West Perth market totalled $87 million for the 12 months to March 2016 according to Savills, up from the $54 million total for the year to March 2015.

This is up from the total of $54 million for the year to March 2014 and up on the five year average of $59 million. 

According to the West Perth office market briefing the highest value sale in the last 12 months was the sale of 53 Ord Street to Singaporean REIT, Mapletree Investments, for $59 million in August 2015.

 

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West Perth office sales hit  million year to March: Savills

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Office Sales

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