West Perth suits
Qube Property Group has bucked the West Perth trend, securing three tenants across two buildings, despite the well-documented exodus of West Perth tenants to the city.
Qube managing director Mark Hector said despite the challenging conditions, tenants were benefiting from relatively low rents, allowing them to move to newer, higher-profile or more accessible offices.
For example, Qube’s agent CBRE had signed Tech One for 450sqm on the ground floor of its 999 Hay Street building.
At Qube’s 1101 Hay Street, agent JLL had signed IPAR for 201sqm and Qube had struck a deal direct with Engenuity Engineering for 220sqm leaving only 160sqm available for lease.