Finbar Group has called on the City of South Perth to introduce a special planning scheme for its Civic Heart project, where it is now aiming to build two apartment towers despite describing the WA apartment market as the most challenging in the company’s history.
Woodside Petroleum is hoping to win state government backing for a new 700-bed fly-in, fly-out camp at Karratha, after selecting a consortium led by Multiplex and Compass Group to build, own and operate the facility.
About a third of the town of Port Hedland should be blocked from any new residential developments, the state government's dust management taskforce has recommended.
The historic Piccadilly Cinema is one of six sites that will benefit from an incentive scheme introduced by the City of Perth to revitalise underused heritage-listed buildings in the CBD.
Construction company Built has found itself in an unwanted legal and contractual predicament, after a computer glitch led to it making what it says was an accidental $565,000 overpayment to sub-contractor C&L Ceilings.
Perth’s ailing office market could be on the mend, with the CBD recording the largest drop in vacancies of any capital city during the past six months, according to the Property Council of Australia.
Satterley Property Group has welcomed advice from the Environmental Protection Authority that confirmed there were no health risks over its landholdings in Mandogalup, but uncertainty still hangs over whether part of the southern suburb is appropriate for residential development.
Singaporean-owned property management company CEL Australia has confirmed its first move into Australia’s hotel market, announcing the purchase of The Sebel Mandurah for $15 million.
The owners of The Richardson Hotel & Spa in West Perth are evaluating their options to convert the building into a nursing home, in the wake of reduced demand for hotel rooms in Perth.
Developing along Perth’s coastline has traditionally been one of the biggest challenges in WA property, but a new wave of projects promises to change the status quo.
Homeowners in Perth will have to wait another month to see if a predicted recovery in the residential property sector gains traction, following a 1.3 per cent fall in median prices in July.
Finbar Group has sold the serviced apartments component of its latest project in West Perth, striking a deal worth $12.5 million with a funds management group headquartered in Singapore and Hong Kong.
Satterley Property Group has bolstered its Queensland portfolio with a 63-hectare acquisition in Ripley Valley, around 33 kilometres south-west of Brisbane.
Despite staring down a looming vacancy in one of its largest assets, Dexus says there is a lot to like about the fundamentals of Perth’s office market.
Brickworks has sold its Austral Bricks factory in Malaga for $19.2 million, a facility it formally put up for sale in April after it was shut down last year due to declining demand for residential building products in Western Australia.
Paul Sadleir has announced plans to retire as managing director of Cedar Woods Properties, with chief operating officer Nathan Blackburne to step into the role.
Land prices in Perth increased by 3.7 per cent in the June quarter, the latest sign of positive movement in the property sector, according to the Urban Development Institute of Australia WA.
Crown Towers Perth has emerged as Western Australia’s standout construction project, with the ultra-luxury hotel on the Burswood Peninsula winning two major categories at the Master Builders Association’s annual excellence in construction awards.
Retail landlord Hawaiian will spend $5 million bringing one of the oldest shopping centres in its portfolio up to date, with work to start on a redevelopment of the 45-year-old Melville Plaza later this month.
Analysis of spaces available for lease across the portfolios of Perth’s 10 biggest office landlords shows stock market-listed groups are having the most trouble locking down tenants.
John Holland is finally preparing to shift its Perth workforce from Osborne Park to the city, nearly two years after the builder signed a 10-year lease for the entire KS3 office tower at Kings Square.
Western Australian businessman Roger Hussey has been remembered by his colleagues as an intelligent and energetic contributor to the local community, following his death yesterday.
Property managers are tapping into the growing popularity of Airbnb to provide higher returns for residential landlords facing high vacancies and falling rents in the traditional leasing market.
