Primewest in-house leasing secures increased tenancy across Perth portfolio
National property fund manager Primewest has secured major international engineering firm Fugro to one of its West Perth buildings.
The deal is for more than 3000 square metres at 1060 Hay Street.
Fugro are coming from two sites – the Alluvion building in the Perth CBD and a suburban office site in Balcatta.
Primewest’s in-house leasing manager Jemma Hutchinson (pictured above) said the aim of successfully future proofing the West Perth asset had been achieved by a combination of proactivity, creativity, thinking outside the box and working with the existing and potential tenants.
She said the positive outcome had been achieved within two months of starting the in-house leasing campaign.
It left just 560 square metres of space in the building.
Primewest director John Bond said the company has been utilising creative expansion and leasing strategies across its national assets, with particularly strong recent results in WA, including the Quadrant and Australia Place CBD office buildings.
He said in just over 12 months Primewest has leased more than 23,000 square metres of space across our portfolio.
Primewest manages one of Australia’s most successful property fund operations, with more than $3.5 billion in assets.
