- 1 Minute Read
- 25th May 2011
Liberty- Australia’s newest serviced office broker starts business in Perth
Jamie Vine, who previously directed Regus and MWB Business Exchange, has started his own serviced office space brokerage in Perth, Australia. Vine’s business, Liberty is due to open July 2011.
Regus and Servcorp are the 2 major global office brokers who currently have offices in Perth. However, Vine says, he will “offer a better product for a fairer price.”
Vine said that he chose Perth as his start-up location due to its high office space demands, thriving economy and links with the Asia Pacific region. He goes on to say that, “When I did the research, it was just unbelievable how strong the Perth market was.”
Liberty has taken up 2 floors in the Allendale Square building on St Georges Terrace, where 80% of the workstations have windows with fantastic views. When business starts in July, Vine expects to receive interest from small start-up companies and corporate clients seeking off-site project space, as well as national and international companies looking to expand in Perth.
In the future, Vine hopes to open up another space in Perth, before expanding out into perhaps Singapore and Melbourne, and within the next 5 years, he aims to have 6 more Liberty business centres across the Asia Pacific.
Perth Office Market
CB Richard Ellis’s latest Perth Office Market Review indicates that CBD rental growth will average 4.2% over the next 5 years, which is well above the national average of 3.9%. The report also states that $250 billion in resource projects are proceeding within Western Australia.
Andrew Denny, CBRE Senior Director said, "Increased confidence in the local economy has led the rebound in tenant demand for office space, particularly for expansion space."
According to the Economist’s 2011 'Most liveable cities' report, Perth was ranked 7th .
Click here to view serviced office space in Perth.