The deal, brokered by Cushman & Wakefield’s Roly Egerton-Warburton on behalf of landlords Dexus and Cape Bouvard Investments, sees Ramelius take up 1,570 sqm in one of Perth’s most prestigious office towers.
The move reflects a broader trend of tenants upgrading to high-quality assets in core CBD locations, as businesses seek to enhance workplace appeal and operational efficiency.
Ramelius’s relocation from the fringe into the CBD core also highlights the growing strength of Western Australia’s gold sector, with the miner expanding its footprint to accommodate a growing team. Rather than investing in a new fitout, the company opted to refurbish the existing layout—an increasingly common strategy among tenants looking to balance cost with commercial advantage.
The deal adds to mounting evidence of tightening supply for large, fitted floorplates in Perth’s premium office market, as demand continues to outpace new development.
Cushman & Wakefield’s Roly Egerton-Warburton said the transaction was highly beneficial for both landlord and tenant.
“This is an outstanding result for Ramelius Resources, securing a core CBD fitted floor in a market where quality fitted stock of this type is extremely limited,” Egerton-Warburton said.
“It also reflects a trend for tenants to redecorate fitouts to suit their needs, rather than allocate significant capital to a brand new design. For the landlord, they now have commitment from an ASX Listed Western Australian Gold Mining firm, with a $3B + market cap. It was a pleasure to work with Dexus, Ramelius Resources and CBRE on this transaction”
