Software specialist Planit Solutions has inked a new lease at one of Perth’s most well-known office locations, London House.
Planit Solutions has signed a five-year lease on the 213sqm office at 216 St Georges Terrace to accommodate its new Perth headquarters, which will relocate from West Perth.
CBRE’s Lachlan Lewis negotiated the lease on behalf of the lessor, WA property group Hawaiian, for a commencing net rental in the range of $515 per square metre.
Mr Lewis said the fully refurbished, speculative fitted and furnished space was a key benefit driving Planit’s decision.
“Being able to secure a ‘ready to go, cost effective’ space in the CBD was compelling, with it saving time and effort, as well as incentive dollars which was instead applied as rent abatement,” Mr Lewis said.
“The opportunity to occupy one of Perth’s best appointed buildings was also a driving factor.”
He added: “London House was competing against a West Perth located option, so this is another good news story around the migration into the CBD trend currently being seen.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
