Property

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.

Former BGC Residential chief executive Kelvin Ryan has been appointed as managing director at Melbourne-based building company Simonds Group.

Cooper & Oxley Builders has today gone into voluntary administration, but only after taking legal action to try and retrieve a $5 million investment in the Kings Square project in Fremantle.

PACT Construction has been awarded two contracts, worth $37.7 million and $11.3 million respectively.

Tech firm Servtech Global Holdings has announced the resignation of chief executive Brett Quinn, while appointing company secretary Derek Hall as a non-executive director and Simon Ingleson as general manager.

The team behind Optus Stadium wanted to make sure the venue’s design had a distinctly local flavour.

Singapore-based developer Dradgin Pte disclosed today it had offered financial assistance to Cooper & Oxley Builders, which has suspended work on all its construction sites this week.

Finbar Group will officially launch the first stage of its $342 million three-tower development at Canning Bridge in Applecross this weekend.

Cooper & Oxley Builders, which is one of the 10 largest construction companies in Perth, has suspended work on its projects while it reviews its financial viability.

The state government has selected investment bank Investec as its commercial adviser on land registry agency Landgate, adding to speculation it is a likely privatisation target.

North Fremantle-based Mustera Property Group has announced the launch of a new fund, with its first purchase being a $16.5 million shopping centre in Perth’s southern suburbs.

Three building companies with strong indigenous links have been appointed to a panel that will handle at least $25 million of state government housing work in the Pilbara and Kimberley regions.

Perth house prices fell 0.4 per cent in January, according to the latest data from CoreLogic, though its figures have disguised big gains in some of Perth’s more affluent suburbs.

Early signs of recovery are starting to emerge across Perth’s CBD office market, with vacancy rates falling below 20 per cent for the first time in two years, according to the Property Council of Australia.

Perth-based building systems manufacturer Pro9 Global has completed an $8 million capital raising that will fund the construction of a manufacturing plant in Sydney.

Perth-based GM Property Group has sold its 4.1-hectare industrial site in Blackburn Victoria to east coast investment group Forza Capital for $31.5 million, on a passing yield of 6.6 per cent.

Western Australian builder Choiceliving (WA), which trades as Choice Living Homes, has been placed into administration less than one week after its building contractor registration was suspended.

Building approvals in Western Australia have dropped to the lowest levels in 16 years, according to the latest figures from the Australian Bureau of Statistics, while a new housing affordability survey has labelled the Perth housing market ‘severely unaffordable’.

SPECIAL REPORT: LandCorp is boosting land supply across Perth’s established suburbs, but it’s just a small step towards achieving long-standing goals for urban infill.

SPECIAL REPORT: Urban Quarter has taken a counter-cyclical approach in building its project pipeline, securing more than $70 million worth of freehold land developments in the past four years.

SPECIAL REPORT: Another tough year has failed to dampen the spirits of many in WA’s land development sector, with key players gearing up for a brighter 2018.

SRG Civil has been awarded a $2.3 million contract to replace a bridge in Gosnells.

Complementary objectives, skills and strategies are at the core of a new joint venture that’s aiming to shake-up the local construction industry.

Foreign investors are making their mark on Perth, accounting for more than half of the purchases in the CBD office market in the past two years, according to Savills Australia.

Domain's shares have plummeted following the surprise resignation of its chief executive, Antony Catalano, which comes less than four months after the real estate classifieds business listed on the Australian Securities Exchange.

The finishing touches are under way at the fitout for Flux’s two new floors at Parmelia House, which feature a shift away from full open plan.

ASX-listed property group Stockland is set to develop its fifth shopping centre in Western Australia after receiving state and local planning approvals for its Whiteman Edge Town Centre in Brabham.

Confidence is building among the state’s industrial property players, despite persistent market challenges.

Local developer TRG Properties has secured the largest development site at LandCorp’s urban infill project in Jolimont, with plans to build 46 luxury apartments already under way.

A Defence Housing Australia apartment project in Fremantle has become the state’s third property development to be recognised as a One Planet Community, under the international Bioregional program.

Some in the state’s property sector are confident it has turned the corner, and are expecting further signs of improvement across 2018.

Alan Thomas faced a binary choice in 2015 to either wind down his business following the slowdown of activity in the company’s prime north-west market, or reinvent his building enterprise.