PERTH’s INDUSTRIAL/COMMERCIAL SECTOR ENJOYING STRONG LEASING DEALS

A shortage of new supply of commercial and industrial property in Perth is driving a resurgence of strong leasing deals in the sector. While many companies and self-managed super fund buyers are keen to purchase business space, buying opportunities are limited. “Prices of industrial and commercial properties across Perth, especially in key growth precincts, are…

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EPS Customer Due Diligence

The real estate industry is now required by law to carry out customer due diligence (CDD) on buyers and sellers, bringing the sector into line with banking and financial services industries. The CDD process is mandatory as part of the Australian Federal Government’s new Anti-Money Laundering / Counter-Terrorism Financing (AML/CTF) laws, and the intent is…

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Prime Gidgegannup land predicted to spark developer buzz

A LARGE portfolio of nine properties forming part of a tract of land that was once earmarked for a  progressive townsite expansion in Gidgegannup – 40km northeast of Perth – has hit the market,  under instructions by the Mortgagee in Possession.  End-to-end development specialist property services firm Effective  Property Solutions (EPS) has been contracted by…

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