Property

Design firm HASSELL has been appointed as the architects for the new $17.8 million South Regional Tafe Esperance campus, with planning and design works now under way.

Civil engineering contractor Ertech has been chosen to deliver the first stage of the City of Rockingham’s plans for a $15.7 million revitalisation of its foreshore precinct, with construction to start on Monday.

Broad Construction has commenced building works at Hall & Prior’s $90 million planned community Karingal Green, a new aged care precinct set to provide 160 beds, health and wellness hubs, as well as research and training facilities.

Apartment developer Finbar Group has lifted its net profit expectations for the 2018 financial year as a result of what it says are improved market conditions and project settlements.

Optus Stadium’s awards winning streak continued over the weekend when it was acknowledged in different categories at two events held in Perth.

Local architect Kate Fitzgerald is winning converts to her plans for sustainability driven micro-lot house design.

Woolworths subsidiary ALH Group has had a win in the State Administrative Tribunal this week over its plans to develop a Dan Murphy's liquor store as part of its Como Hotel redevelopment, following a multi-year saga involving liquor licensing and the City of South Perth.

A war of words between two local construction groups has intensified, after Subcontractors WA referred accusations of intimidation by Master Builders WA to the Australian Building and Construction Commission.

Two high-end restaurants will join a 12-screen cinema as tenants in the $75 million Raine Square redevelopment project, the first stage of which is set to open in September.

Two reports out today highlight the weakness in Western Australian property prices over the past decade, including dramatic falls in some regional pockets, but the upside is the state has the most affordable housing across the nation.

Listed investor Growthpoint Properties Australia has struck a deal to buy a Wellington Street office building, the latest deal off the back of a healthy sales pipeline for Perth’s commercial office market.

Demand for office space in West Perth has fluctuated widely with commodity prices and the mining sector’s fortunes but the suburb is now attracting interest from diverse industry sectors.

A private Chinese investor has made its first move in Perth’s property market, purchasing Kelmscott Plaza Shopping Centre for $19 million.

Pindan has been awarded the design and construction contract for the first stage of an $18.5 million youth care centre project in Midland.

Growth in population and jobs are two factors that will lift the volume of residential greenfields land sales, a recent industry event has heard.

Singapore-listed Fragrance Group is one step closer to realising its $180 million vision for a two-tower hotel-cum-office and residential development in the CBD’s west end, with the City of Perth giving the project the green light.

The long road to an ASX listing for Nicheliving Holdings continues, after the property developer released its fourth supplementary prospectus this week, including details of its new 'big 4' auditor and a new director, and foreshadowing the release of a third replacement prospectus that will not have financial forecasts.

A Peppermint Grove property once home to the infamous ‘Taj on Swan’ is set to go under the hammer, with the owners recently engaging Sotheby’s International Realty to run a global sales campaign.

Sentiment towards Western Australia’s housing market fell during the second quarter of 2018 but the state is expected to lead the country for residential property capital growth over the next two years, according to a survey of industry professionals.

Opinion: Sensible development is the only way forward for a city beset by urban sprawl such as Perth.

Western Australia-based developer and investor Lester Group has ridden the wave of a strong east coast property market and is now seeking more opportunities closer to home.

The state government will transfer land in Westonia to the Central East Aged Care Alliance as part of its initiative to boost seniors’ accommodation across the Wheatbelt region, with Pindan awarded the tender for the design and construction of 72 new dwellings.

A proposal for the state’s first timber high-rise building, to be located on the corner of Beaufort and Newcastle streets, has been given the green light by the Metropolitan Redevelopment Authority.

South African firm DRA has expanded its Australian presence with the purchase of G&S Engineering Services from diversified infrastructure company Calibre Group.

National developer Cedar Woods Properties says it is expecting net profit of about $40 million for the 2018 financial year and is buoyant about the outlook for 2019.

Lino Iacomella will step down from his role as Property Council of Australia WA executive director later this month after two years in the position.

Several alternative approaches to tackling housing affordability are taking shape across Fremantle, with social enterprise Nightingale Housing one step closer to actualising its Wood Street project with its recent launch of presales.

Nine months after GDI Property Group settled its acquisition of A-grade commercial tower Westralia Square the building’s valuation has increased by $38.75 million, an encouraging sign for the Perth office market.

Perth's dwelling prices suffered another drop in the month to June down 0.5 per cent, with units continuing to suffer larger falls compared to houses.

Hawaiian has expanded its shopping centre footprint, finalising its $22.7 million acquisition of the Newpark Shopping Centre in Girrawheen.

Design firms HASSELL, Cox Architecture and HKS have received plaudits for their work on Perth’s Optus Stadium at the 2018 WA Architecture Awards, with the sports and entertainment precinct winning the top accolade and prizes in four other categories.