Perth property investor Stephen Lauder and Jandakot City developer Ascot Capital have completed their second joint venture purchase, with the $65 million acquisition of a serviced apartments building in Canberra.
Property developer Peet has entered into an agreement for a $1.7 billion development in the Australian Capital Territory to construct up to 3,300 units and townhouses on the campus of the University of Canberra.
Supermarket giant Aldi has confirmed its first Western Australian shops will open on June 8, at Lakeside Joondalup Shopping City, Mirrabooka Square Shopping Centre, Kwinana Marketplace and Belmont
DEXUS Property Group's $2.5 billion takeover of ASX-listed Investa Office Fund has fallen over after it failed to get enough support from the target's shareholders.
The state government has awarded building and construction contracts to a number of local businesses, including Perkins Builders, with the combined value of the contracts worth about $37.3 million.
An influx of owner-occupiers is changing Perth’s multi-residential development market offering, with an increased focus on design and amenity providing significant opportunities for architects.
Educating the community on the benefits of higher-density development is looming as one of the big challenges for Lino Iacomella, who has taken the helm at the Western Australian division of the Property Council of Australia.
Perth’s median house price remained stable at $535,000 for the three months to March, according to the Real Estate Institute of Western Australia, while reported sales activity in the metro region jumped 15 per cent.
Legal collective Francis Burt Chambers has renewed its lease at Allendale Square, signing on for another 15 years at the Mirvac Group-owned CBD office tower.
Property developer Diploma Group expects to reap $42 million from the sale of its Quest apartment hotel on Adelaide Terrace, after finalising a deal that was announced in February.
Brookfield Multiplex will start work by the middle of the year on a $350 million expansion of Mandurah Forum, with the redevelopment to make the southern suburbs mall the sixth-biggest shopping cen
Perth median home values rose over the month of March, but are still down 2 per cent on where they were a year ago, according to the latest research from CoreLogic RP Data.
A planning stoush is emerging in the City of Belmont over the proposed closure of Brearley Avenue, with residents, landowners and businesses lobbying the council to reconsider its plans.
Perth’s eight cheapest suburbs for property rentals have been revealed, and one of the most affordable is in the western suburbs, according to the latest data from the Real Estate Institute of Western Australia.
The expansion plans for Perth’s major shopping centres are gaining momentum, with Scentre Group’s Westfield Carousel, Westfield Innaloo and Westfield Whitford City likely to be the first to start work, near the end of 2016.
The Fini name is returning to Perth’s property sector in a big way, with the Fini Group brand being revived for a series of apartment developments across the city.
International petroleum giant BP has become the first investor in Sirona Capital’s Northern Gateway industrial estate in Muchea, signing a $15 million deal to take up 2.5 hectares in the developmen
The Federal Court has permanently restrained the marketing and promotion of a Pilbara property scheme involving Perth-based Macro Realty Developments and east coast investment promoter Jamie McIntyre.
Aigle Royal Developments has added a southern suburbs landholding to its portfolio, purchasing a 15.1-hectare tract of land in Baldivis for $10.3 million.
Fierce competition among prospective buyers for a Bunnings Warehouse property in Joondalup has again illustrated the attractiveness of retail assets for property investors.
Perth experienced a slight improvement in the Residential Property Price Index during the December quarter, but still suffered a 2.9 per cent fall for 2015 overall, the Australian Bureau of Statistics said today.
Sydney-based hotel group StayWell Hospitality Group has confirmed it will bring its Park Regis brand to Western Australia after signing deal with developer Dradgin to be part of the former Ace Cinemas site in Subiaco.
Probuild has secured the state’s biggest building coup of 2016, with the national construction outfit understood to have been selected as developer Far East Consortium’s preferred contractor for th
reiwa.com property sales data on the overall market for the week ending March 15 totalled 605, which represents a 15 per cent increase in total sales during the week.
