Melbourne Square, Australia
It provides a rail solution that improves transport connectivity to and from Perth Airport, the eastern suburbs and regional centres. Besides creating exciting places for people to visit, the government also aims to improve the connectivity and transportation networks around the city. It is reported that Brookfield will commit AU$1.1bil to develop its site at Elizabeth Quay and construct one of the tallest buildings in Perth. The first four buildings of the Kings Square precinct were completed in 2015 with HBF (Western Australia’s largest health insurer) and Shell being the tenants. As of today, Perth Station, Busport and transportation infrastructure had been completed and is fully functional. In fact, Perth Residential Property Price Index inched up 1% quarter-on-quarter (q-o-q) in the fourth quarter of last year after 13 consecutive quarters of decline . “For the Australian property market , Perth is showing early signs of recovery, with the Real Estate Institute of Western Australi...