The Forrests' property arm Fiveight is one step closer to building its six-storey Spicers Hotel in the heart of Fremantle, after a panel greenlit its redesign.
Another north-west oyster project appears to have fallen over, with its backers putting the remote Shark Bay property it was to be established at on the market.
Kerry Stokes' private company Australian Capital Equity reported a 70 per cent year-on-year drop in annual profit last year, as the value of its asset book closes in on $3 billion.
The three-storey property was bought by a local medical centre operator intending to occupy some of the building and lease the rest to other medical and allied health operators.
Development of the final superlot at the Exmouth Marina has begun, with Fowler Group and Celsius Property turning the sod on the $70 million Sundrift Estate.
BGC Australia has reported another big operating loss as the restructuring of the group continues but also disclosed a strong operating result in its core building materials business.
Hall & Prior and Sister Kate's are one step closer to open Western Australia's first Aboriginal health and aged care facility after a panel approved the multi-million-dollar proposal.
