Property

BGC director Julian Ambrose is purchasing the commercial building division, via a share sale.

Property developer Cedar Woods has posted a $40.5 million net profit, a result far exceeding its guidance range and a 28 per cent uptick on the previous year.

Private investors have bought a Bulwer Street property for $2.51 million.

The 50 per cent acquisition will make the family office a full owner of the retail centre.

Burgess Rawson WA’s Luke Randazzo has become an equity partner after starting as a trainee in 2016.

New research has found that offices outside of the CBD are thriving as people shift their working patterns.

The shopping centre giant has acquired a 50 per cent stake in Lakeside Joondalup for $420 million.

There’s been a rapid evolution of sustainability initiatives during the past two decades.

Westoz chair Jay Hughes has purchased the Subiaco office building for $2.4 million.

The number of apartments reaching completion in 2024 will be up on previous years, but concerns remain for future supply.

The embattled builder is looking to offload nine properties across Perth, under various stages of development.

The co-founder of town planning firm Hatch says government should shift its focus away from Metronet and towards mid-tier transport.

Supply chain disruptions and price escalations were factors contributing to the collapse of builder Collier Homes, whose director had injected substantial personal funds into the business.

The Tony Poli-led developer is planning an $8.5 million shopping centre in the southern suburb.

Backers of a $120 million Karratha hotel have won planning approval after the City of Karratha’s bid to have the project redefined as a workforce camp was scuppered.

The property fund released the results of its office REIT today, showing a $168.75 million loss.

Commercial property finance broker Stamford Capital has opened an office in Perth, officially marking its presence in the WA market.

WA’s Westbridge Funds Management has divested one of its industrial assets in Victoria, pocketing $30 million from the transaction.

Embroiled home builder Nicheliving’s tax bill has surpassed $7 million, the tribunal was told, with lawyers set to meet again next week.

The developer’s plan to demolish several dilapidated shop fronts in Subiaco has been rejected by planning authorities, eight months on from its deferral.

The construction industry has welcomed an extension of a subsidy program that attracts skilled workers to the sector.

Perdaman will funnel $122 million into construction of 100 new homes in Karratha as part of a broader push to ease a crippling housing shortage in the Pilbara city.

The property developer’s proposed precinct structure plan proposes seven towers of up to 20 storeys.

Records show that an entity owned by Regent Motors boss Tyson Sutton bought the Osborne Park property for $19 million this year.

The Agency Group Australia is on the hunt for a boss, following the company terminating Geoff Lucas’ contract, effective immediately.

A shadow has been cast over the $8.5 million project, with the developer citing “commercial challenges" around the tourism industry.

Place Development Australia’s $13 million plan for a tavern, microbrewery and short-stay accommodation has been approved.

The peak body for the construction industry in WA has echoed calls for a dedicated building and construction visa pathway nationally.

Industry has welcomed the state government’s changes to the metropolitan region scheme, which aim to lessen the approvals burden on projects.

The price of a new block of land in Perth has hit $305,177, as a lack of supply continues to impact the market.

Woolworths’ development arm, Fabcot, is set to build the state’s first online Woolworths warehouse, following planning approval.

The company at the centre of a long-running dispute with Perth home builder BGC over responsibility for thousands of burst pipes has been hit with a class action.