Perth investment pipeline set to strengthen in second half of the year

The commercial property market in WA sees improving liquidity.

Western Australia's commercial property investment market recorded a renewed flow of capital in the first half of 2026 as improving confidence and stabilising debt markets encouraged more transactions, according to Cushman & Wakefield.

Nick Charlton, Director and Co-Head of Capital Markets and Investment Sales, WA at Cushman & Wakefield, said investors have become increasingly selective, with owner-occupiers, open-ended funds and strategic buyers driving transactions while syndicators remain focused on lease terms and vacancy risk.

The consultancy said campaigns that struggled to transact during 2023 and 2024 are now completing as pricing expectations align, signalling improved liquidity across the Perth market.

Ben Younger, Director and Co-Head of Capital Markets and Investment Sales, WA, said a stronger pipeline of CBD and suburban investment opportunities is expected in the second half of 2026. Cushman & Wakefield expects competition to intensify for assets offering secure income or repositioning potential, supported by increasing interstate and offshore investor interest and limited new supply.