Dan Wilkie

Apartment developers are shrugging off concerns of oversupply in key markets, a slowing pre-sales environment and falling rental values, pushing on with plans for significant new projects, both in the CBD and suburban areas.

Sydney-based networking group Innovation Bay is expanding to Perth, aiming to give technology entrepreneurs a new pathway to attract seed capital from angel investors.

Commercial rents in the Perth CBD have been tipped to fall by 9.4 per cent over the next 12 months, with the Western Australian capital one of only two major Australian cities to experience a contraction in office rental values.

A surprise fall in home loan approvals in November shows the national housing market is starting to moderate and a rate cut should be on the cards early in 2015, according to the Real Estate Institute of Australia.

Eastern states-based Asian street food vendor Bing Boy has opened its first outlet in Western Australia, one of 10 new stores the chain is planning over the next two years.

Apartment developers are increasingly being forced to sweeten their offering as increased supply turns the off-the-plan market largely in favour of prospective buyers.

An innovative joint venture in Success led by the Department of Housing has provided a potential roadmap for the rollout of affordable apartments in the Perth metropolitan area.

Perth-based residential rentals-dedicated website rent.com.au is going public, unveiling a $10 million-plus plan to list on the Australian Securities Exchange via a backdoor listing through Select

Department store chain Kmart is set to move its Western Australian distribution centre from Canning Vale to Jandakot, with plans in motion to establish a $40 million facility at Jandakot Airport.

Craft brewers are maintaining WA’s reputation as the premier beer-making state in Australia, but the challenges they face are as diverse as the breweries themselves.

Two major retail redevelopment projects in Cannington will move closer to construction later this week, with regulatory approval expected for a $235 million expansion of Westfield Carousel and a $2

The past 12 months have been bleak for office developers in Perth, but one major player says there’s light at the end of the tunnel.

The state opposition claims the MAX Light Rail project is doomed, after a Parliamentary Estimates hearing was today told the government was considering constructing an underground rail line to service the same transport corridor.

Curtin University’s plan to make its Bentley campus much more than just an institute of higher learning is gaining momentum.

The office building at 220 St Georges Terrace has been sold for $35 million, with a local private buyer purchasing the building in a deal brokered by commercial agency Knight Frank.

Geraldton-based builder Serena Guidice has become the first ever woman to be named National Young Builder of the Year by the Master Builders Association.

Western Australia’s biggest homebuilder and the state’s most prolific land developer say the heat has come out of the new house and land market, with home buyers set to reap the rewards of an affordability breakthrough over the next 12 months.

South Metropolitan Region MLC Phil Edman has called for an overhaul of the Department of State Development over the allocation of a prime beachfront plot of industrial land to global giant Puma Energy, which is planning to build an $80 million bulk fuel storage depot.

Perth-based surveying firm McMullen Nolan Group is focusing on rolling out its laser scanning technology across the industry, as it marks its 25th anniversary by rebranding its operations as MNG.

The growth of the cosmetic medicine industry has led two Perth entrepreneurs to expand their businesses in order to tap into more of the nation’s $6 billion annual spend.

Developers and prospective buyers of apartments with ocean views remain frustrated by the lack of opportunities along the metropolitan coast.

The mining slowdown has resulted in a shortage of leased industrial property investment opportunities, according to Realmark Commercial.

Perth’s top sporting clubs are angling for control of corporate facilities and advertising at the new Perth Stadium.

The Anglican Church’s move to distance itself from fossil fuel-related industries could have implications for its CBD property portfolio, with up to nine resources sector companies that lease office space across the church’s commercial buildings.

One of the state’s residential building hotspots, the northern corridor village of Ellenbrook, is entering its final phases, coinciding with its 20th year of development.

After two years battling bureaucracy, there’s light at the end of the tunnel for Catalina Adventures.

The Coffee Club will open in Fremantle, motorcyle retailer Monza Imports in Bibra Lake, and Rockingham-based building products firm EnduraClad will move to Henderson, under three separate leasing d

Western Australian jeweller Linneys has launched an online store to complement its bricks and mortar showrooms, making its high-end products available to a global audience for the first time.

Developers are tipping the next wave of demand for apartment projects to come from two very disparate demographics – baby boomers close to retirement and generation Ys looking to get on the first rung of the property ladder.

The state government has been praised for its commitment to planning reform, but local governments are being urged to get on board.

Sales and rentals of established apartments in Perth’s inner city are stalling as the rollout of new stock intensifies.

Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.