Property

Land development company Peet is set to undergo a strategic review amid reporting a 60 per cent increase in profit in the 2024-25 financial year.

The resources company has relocated its headquarters from East Perth to a more central location.

The apartment developer is confident about its future, with a project pipeline of more than $1 billion.

The Adrian Fini-led company is set to deliver a medium density development in Montario Quarter.

An upgrade of Morley Galleria Shopping Centre is slated to open by Christmas 2026 as early works on the $240 million redevelopment have started.

Aventuur has secured a final investment from RAC to deliver the state’s first wave park, estimated to cost $120 million and on track for a 2027 opening.

Perth dealmaker James Del Piano has purchased the industrial building from the global institutional fund.

The former Bankwest location is set to be turned into an art gallery.

The real estate fund attributes the uptick in operating profit to valuation increases and growth in its alternative funding streams.

Portfolio values are on the rise for Centuria’s office real estate investment trust as the group reported its first valuation increase since 2022.

The Forrests' Fiveight has made a move on the Cape Lodge revival, submitting a $22 million application to redevelop the South West asset.

The $40 million resort redevelopment on Rottnest Island was completed last month, while the construction of its staff accommodation is due to commence.

The property is located near multiple vacant lots, as a large primary school is set to open in the suburb next year.

A group is set to be established to examine the state’s approvals pathways following calls from the state opposition.

An $8 million pod hotel plan in Fremantle will undergo changes after a development assessment panel approved adding more beds in fewer bedrooms.

Developers of multi-residential properties are overcoming challenges to push on with projects.

The Forrest’s property arm Fiveight has submitted new plans for a six-storey hotel on the old Spicers site in Fremantle, upping the number of rooms to 150 under the tweaked proposal.

The two transactions are among the largest property sales in the state this year and involve several key industry players.

The Victoria-headquartered developer intends to convert the property to a mixed-use precinct.

NSW banking executive Alexander Bischoff and his wife Leah have bought a fast food centre in the regional town for $10 million.

The fund manager is expected to attract more than double what it paid for the South Hedland apartment building.

Construction of the four-storey build-to-rent apartment project in Highgate will replace the notorious Stirling Towers complex.

The cleaning company has purchased an office building from three high profile Perth executives for $2.95m.

The Australian Marine Complex asset was purchased by a local investor who intends to move into the building.

Real estate agency NAI Harcourts Metro has doubled its portfolio after acquiring Darrell Crouch & Associates’ property management roll.

The Singaporean developer has amended its proposal for a two-tower project in the CBD, replacing an office tower with apartments.

The operator of Broome’s renowned Eco Beach Resort is suing a regional solar provider over what they say is a breach of contract and misleading conduct.

The planning minister has accused the state opposition of “peddling fear and mistrust” in the planning system.

The CBD’s office vacancy rate is the second highest in the nation and the highest it has been since January 2021.

The property fund’s latest REIT results show valuation upticks across its WA industrial properties.

The Perth architecture studio is marking its three decades in practice in a different way to most.

The Scarborough Beach Road property changed hands for $1.5 million, after being in the same family for 65 years.