July 1, 2008
Thinking of leasing prime down-town office space in Perth, Western Australia? You might get a better deal in Paris! I am serious. A record of A$900 per sqm has just been set for a lease on the Exchange Plaza building on The Esplanade. According to reports the undisclosed tenant does get prime water views in a top notch building: you’d want them for that price: that’s A$500,000 / year for 500 sqm! This rate is a stunning 40 per cent increase o the previous highest rent of A$650 per sqm this time last year
