Property

The government is pressing ahead with its controversial Burswood Park development but has tweaked its messaging after plans for a Supercar circuit sparked a community backlash.

The property developer, formerly known as Yolk Property Group, says it focusing on other opportunities.

A defamation trial over a property on Dalkeith’s millionaires’ row is nearing the end with lawyers making their closing submissions in the state’s highest court.

Developers are dealing with supply shortages, competition from owner-occupiers and infrastructure constraints.

Accommodation provider St Bart’s has submitted two applications to build aged care residential facilities in East Perth, estimated to cost a total of $69 million.

The real estate group has appointed a new managing director and established a new business unit.

Rising costs have scuppered a City of Karratha-backed apartment project it had hoped would help address the Pilbara’s housing shortage.

Blueways Group’s plan to build a $70 million apartment development in Como has been approved by an assessment panel.

BGC Australia and Brickworks have settled a legal dispute in which the latter accused the Len Buckeridge-founded group of predatory pricing.

Mattress manufacturer Comfort Group has sold its warehouse to a Perth-based investor.

More than 80 unfinished projects have been left in the fallout from Inspired Homes calling in administrators, with the insurance pathway now open to impacted customers.

Locus Property Group and Security Capital Australia entered a joint venture to purchase the property.

The Kids Research Institute Australia has sold its former headquarters in Subiaco for $21.55 million, several years after its move to Perth Children’s Hospital.

ASX-listed Aspen Group has entered a conditional contract to acquire lithium miner Albemarle’s half-built accommodation village in Australind.

The Victorian land developer has purchased of a nine-hectare block in East Wanneroo to create a $46 million project, cementing strong interest from residential developers.

Residential builder Inspired Homes has gone into voluntary administration, with McGrathNicol appointed to manage the company.

A new barristers’ chambers, which includes the legal counsel for Wright Prospecting and Brittany Higgins, has moved into the top floors of the former Citibank building.

The ASX-listed company has bought a 33.4-hectare site for $12 million.

Shares in east coast homebuilder AVJennings rose by 9 per cent, after the company announced it entered into a deed with US-based Proprium Capital Partners and AVID property group.

The latest data from CoreLogic shows that Perth’s growth has been the fastest nationally in the past five years, but has slowed more recently.

The property developer says the state government should put more emphasis on the city, and has criticised a lack of investment in Perth's main train station.

Details of two multi-million-dollar neighbourhood centres have been published as the proposals progress in the state government’s planning pathway.

The supermarket giant had owned the three-hectare property for at least a decade.

The building company owes more than $3 million to its former owners.

Two former professional cricketers have purchased the property for $3.2 million in an owner occupier deal.

Hesperia is tackling complexities around delivering housing lots on fragmented land.

A Karratha accommodation village has a new part-owner and a fresh three-year contract to provide lodgings for Woodside’s workforce.

The Canning Vale purchase marks Perth’s largest industrial transaction in 15 months.

An entity controlled by multiple directors including Anthony Silvestro has bought a 32ha parcel of industrial land.

City of Nedlands Mayor Fiona Argyle has slammed a proposal to excise Allen Park land for a complementary parkland at the under-construction children's hospice.

Land developers are embracing inland areas and different housing types in a bid to meet the state’s housing needs.

Industry bodies have begun to digest Treasurer Jim Chalmers’ fourth federal budget, with the housing commitments described as modest and a missed opportunity for the sector.