Property

Michael McLean, the long-time executive director of the Masters Builders Association WA, talked to Mark Pownall on the day he announced plans to retire.

Modelling by the Curtin University’s Australian Housing and Urban Research Institute has proposed a capped rental deduction for investors using negative gearing, arguing it will be a a budget saver that will have minimal impact on the less well off.

Residential property agencies facing digital disruption and tighter margins have had to evolve their business models to remain competitive.

After nearly two years of construction works the city’s newest $73.5 million hospitality precinct will open to the general public tomorrow morning.

Sustainability-driven land developments are taking shape across Western Australia, but only five projects have achieved the top six-leaf EnviroDevelopment certification.

The state government has blocked a major residential project near Rockingham, following objections by local residents and environmentalists, with joint venturer Cedar Woods Properties saying this afternoon it was disappointed and would seek to recover its costs.

Oryx Communities is set to develop a series of premium projects in the established suburbs of Perth, with a vision to grow apartment living.

Real estate group The Agency has entered an agreement with CPS Capital Group to underwrite a minimum $10 million capital raising.

Perth house prices fell slightly in February, in line with the national downward trend for the month, according to the latest data from CoreLogic.

David Caddy will apply his more than 40 years of planning and leadership expertise to his new role as chairperson of the state’s planning commission.

Ronnie Nights is set to bring something different to Fremantle’s main strip showcasing independent brews and wines in a setting with a distinctly local vibe.

Perth’s appetite for apartment living continued to increase in the last quarter of 2017, driven largely by new projects.

Labour hire and construction services company The Go2 People has secured a contract to become the exclusive registered builder for a holiday home project on Dirk Hartog Island, off the coast of Western Australia near Shark Bay.

International retail giant Costco is planning to build its first Western Australian store at Perth Airport, located alongside the giant DFO Perth store currently under construction.

International retail giant Costco is planning to build its first store in Western Australia, at Perth Airport, located alongside the giant DFO Perth store currently under construction.

Luxury home builder A Di Bucci & Son has won top prize at the 2018 Master Builders-Bankwest Housing Excellence Awards, which were held over the weekend at a black-tie event at Crown’s Grand Ballroom.

McCorkell Constructions has been awarded a $1.6 million contract to perform stage B of the Perth Zoo lion exhibit upgrade.

Property groups Cedar Woods Properties and Peet have both reported increases in net profit after tax for the first half of the 2018 financial year.

The property sector has been given its first taste of the latest changes to the state’s planning systems, with experienced town planner and urban designer Evan Jones revealing his initial ideas at a recent Urban Development Institute of Australia event.

Boutique property player LKD Development Group has taken the next step in delivering its latest project, appointing Jaxon to commence construction of its nine-storey residential development on Tully Road in East Perth next month.

Master Builders Association WA executive director Michael Mclean has announced plans to retire at the end of this year while former Perth business director Suzanne Ardagh has been appointed to lead Lester Blades’ board advisory service.

Perth-based developer Norup + Wilson’s latest project The Beach Shack, a 99-apartment development in Scarborough, has been given the green light by the Metropolitan Redevelopment Authority.

Singaporean company Wee Hur Holdings is set to join Perth’s wave of student accommodation developments, following today’s announcement it has recruited Sydney-based Intergen Property Group as the fund’s onshore investment manager with a $700 million mandate to find new development opportunities across Australia.

From skills shortages and new regulations to policy formation and industrial disputes, the Master Builders Association has played an important role in advocating for the state’s building and construction industry since 1898.

Commercial property owner Dexus has budgeted to spend $165 million on 240 St Georges Terrace, with works to commence in 2019 following the departure of the building's largest tenant Woodside.

Signs of recovery across Perth’s property market continue to emerge, with the latest figures from the Urban Development Institute of Australia showing land sales were up 4 per cent for the December 2017 quarter.

Perth’s CBD office market vacancy is improving, but there’s a growing gap between different market segments, with premium product luring tenants at the expense of lower-grade stock.

Singaporean-listed OKP Holdings has made its first foray into Australia, via the purchase of an East Perth property for $43.5 million from BGC directors Andrew and Sam Buckeridge.

The state government has endorsed findings by the Environmental Protection Authority that will allow for urban development on a portion of land near an Alcoa waste dump in Perth’s southern suburbs.

Matteo Tirapelle is a keen advocate of high-rise construction in Perth, taking a resourceful approach to structural engineering that promotes the use of alternative materials such as timber.