Real Estate Management and Development
Company Overview of Perron Group Limited
Perron Group Limited invests in properties. Its activities also include automotive distribution, listed and unlisted equities, and land development. The company's property portfolio includes commercial offices buildings, retail shopping centers, and industrial properties in Western Australia, New South Wales, and Victoria. Perron Group Limited was incorporated in 1989 and is based in East Perth, Australia.
4 Plain Street
East Perth, WA 6004
Founded in 1989
Key Executives for Perron Group Limited
Compensation as of Fiscal Year 2015.
Perron Group Limited Key Developments
Fosun Reportedly To Buy Property At 201 Elizabeth Street
Oct 1 15
Fosun International Limited (SEHK:656) is believed to have entered exclusive due diligence to buy a Sydney CBD office tower with residential conversion potential for about $430 million. Fosun is now the preferred party to buy a property at 201 Elizabeth Street, which is owned Dexus Property Group (ASX:DXS) and Perron Group Limited, according to sources. The building was first put on the market last year as an apartment conversion play, but its suitor, China's Dalian Wanda Group, pulled out of the purchase due to uncertainties about the eventual planning outcome. It is believed that Savills has introduced Fosun. Fosun, Dexus, Perron and Savills declined to comment.
Dexus And Perron To Sell Property
Aug 15 14
Dexus Property Group (ASX:DXS) and Perron Group Limited has just put a Chinese group into due diligence on one of Sydney’s most soughtafter residential development sites, at 201 Elizabeth Street in the CBD, reported The Australian. The buyer is expected to convert the tower, co-owned by Dexus and Perron Group, into a AUD 1 billion apartment project. The tower could change hands for close to AUD 400 million, sources said. Darren Steinberg, Chief Executive Officer of Dexus Property, declined to comment on the details of the transaction. Darren said, "Unfortunately, it’s a very sensitive transaction because it’s not just one of ours. I’ve got a joint-venture partner, the Perron Group, in there. All I can really say is that it is an offshore group. There was very strong interest in that asset." Darren added that there was no certainty the transaction would go through.
Dexus Planning To Sell Hyde Park; Attracts Investors
Aug 12 14
Dexus Property Group (ASX:DXS) is planning to sell assets. Chinese players are already looking to acquire a tower on Hyde Park at 201 Elizabeth Street, which Dexus and Perron Group Limited have offered up for sale. The property has attracted interest from Singapore’s Organization and is rumored to have attracted a sharper offer from Tay family’s Memocorp of $350 million plus.
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