Property

Property developer Carmel Group and Aegis Aged Care Group have been chosen to build a $100 million multigenerational development at the former Joondalup Basketball Stadium.

New data from the Australian Bureau of Statistics shows a less severe annual decline in Perth house prices than other sources.

Maddington-based civil contractor All Earth Group, which held contracts on two state government projects, has gone into voluntary administration.

New research from Moody's Analytics has forecast Perth house values to fall slightly in 2018, and again in 2019, before a slow recovery in 2020.

BGC Development’s Westin Hotel and Hibernian Place development was picked as the top project in Western Australia in this year’s Urban Development Institute Australia WA awards.

Apartment developer Blackburne is proceeding with its Marina East project on the Ascot marina, with a construction contract awarded to local builder Georgiou Group.

Singapore company Sincap Group has announced a settlement of its long-running commercial dispute with three directors of Perth property developer Devwest Group.

International serviced office provider Regus is close to finalising a lease for new office space at Raine Square, being developed by Charter Hall Group.

The state government has failed to attract a hotel developer at Albany’s Middleton Beach, with a recent expression of interest process bringing no suitable submissions.

Apartment developer Finbar Group has bought the final stage of the Symphony City development site in East Perth from its joint venture partner Ventrade Australia for $4.5 million.

Mining services, logistics warehousing and food services firms are boosting demand for industrial property.

Perth company Parkd has struck a deal with property developer Vector Management to evaluate construction of a $9 million car park in the inner city, while the state government has announced plans for a $32 million car park at Forrestfield.

Jobs growth at Perth Airport was three times that of the CBD between 2011 and 2016 as property development in the area expands.

Jaxon has re-emerged as a major contractor in the Perth market with big plans for the near term after six decades in the business.

Housing affordability in Perth continues to improve, according to a report from CoreLogic.

The Western Australian Planning Commission is weighing its options after losing a recent appeal against a Board of Valuers’ decision.

Sirona Capital has engaged Colliers International and CBRE to offer its 5,706 square metre shopping centre in Margaret River to the market.

The Perth residential rental market continues to show signs of improvement, with the vacancy rate falling to 4.5 per cent in August, according to the Real Estate Institute of Western Australia.

The first stage of the Mojo Urban Living estate in Cockburn Central North was launched last week, offering the first terrace-style homes in the area.

For every winner there’s a loser, and so it will be the case if the $A continues its downward trajectory.

Perth house prices have fallen for a fourth straight month, after registering a 0.6 per cent decline in August, according to the latest data from CoreLogic.

The first increase in Perth’s office sublease space in almost three years is an indication of growing confidence in the market, according to CBRE.

WA dwelling approvals are 9 per cent lower than 12 months ago, although they have improved moderately in the past three months.

August property deals.

Owner-occupiers and investors increasingly look for technology and sustainability features when making apartment purchases.

Michelle Kerr, Daniel Gonzalez and Jay Standley were among the winners at the real estate industry awards held over the weekend.

The $110 million redevelopment of Forrest Chase is set to proceed unhindered after the Supreme Court granted an injunction against the owners of a neighbouring cafe, who had blocked work by head contractor Lendlease by staying open all night.

Property developer Peet has reported an increase in net profit after tax for the 2018 financial year, entering FY19 backed by a state government contract for a 220-hectare landholding in Brabham, near the Swan Valley.

North Fremantle, Claremont and West Leederville are among 12 Perth suburbs to record a growth in house price after experiencing price falls last year.

The state government today confirmed a program of demolition and land preparation works worth $33 million for the decommissioned Subiaco Oval.

Two of Western Australia’s property industry leaders, Dale Alcock and Tony Fini, have teamed up to deliver a 20-home development targeting the ‘missing middle’ in Perth’s residential market.

International real estate services company Cushman & Wakefield has been appointed as facility manager of the new Woodside headquarters in Perth, with former Knight Frank director Bret Madden brought on to lead the on-site team.