Satterley Property Group will build its largest residential estate in Victoria after purchasing 214 hectares of land in a deal believed to be worth $100 million.
Property developer Peet has been named the successful bidder for collaboration on a $265 million residential redevelopment project with the South Australian government.
A University of Western Australia-backed plan to build a major student accommodation facility in Perth's CBD has made major progress, with a Stirling Street proposal by developer Stirling Capital getting the nod from planning authorities.
This week, Reiwa members reported an increase in weekly sales to 579. The overall 3 per cent increase in sales over the week is attributed to a 7 per cent increase in sales for houses and 1 per cent for units.
A Pilbara-focused real estate agency in Victoria Park has had a supervisor appointed to its financial operations and will be wound up under orders from the Department of Consumer Protection.
The Metropolitan Redevelopment Authority has been forced to reassess its development strategy for the remaining lots of the Perth City Link, with a long-term agreement with Mirvac Group terminated today.
Boutique developer Baltinas Made has responded to demand for larger apartments at its latest Mount Street development, giving buyers the opportunity to custom-build dwellings.
Interest in commercial property in Perth’s CBD is on the rise, with interstate institutional groups and syndicators eyeing Perth as an alternative to crowded and competitive eastern states markets.
Green shoots are beginning to emerge for high-end property transactions in Perth, but sellers need to meet the market to ensure inquiry turns into sales.
Aldi continues to gear up for the June opening of its first four Perth stores, with its $60 million distribution centre in Jandakot receiving stock and Western Australian producers lining up to sup
A newly-established trust managed by Charter Hall has purchased four properties leased by Perth-based Automotive Holdings Group in a deal worth $82 million.
Leederville-based syndicator Scope Property Group has added The Local Hotel in South Fremantle to its portfolio, buying the freehold of the historic watering hole in a deal worth $2.5 million.
Diploma Group chief executive Nick Di Latte has strongly denied claims by subcontractors that the ASX-listed company was behind on paying its bills, saying recent activity by the company had placed
The state government expects lower contracting and construction rates will deliver savings of more than $1 billion on its asset investment program over the next four years, but has not committed to any major new infrastructure projects.
Reiwa members reported a decrease in weekly sales to 549 this week. The overall 19 per cent decrease in sales over the week is attributed to an 18 per cent decrease in sales for houses, 15 per cent for units and 33 per cent for land.
More than 800 Western Australian real estate agents have signed up to join followit, an app designed to bring a social media-style interface to property advertising.
Plans for another apartment tower of more than 50 storeys in the Perth CBD have emerged, with Singaporean developer Fragrance Group’s $200 million Milligan Street proposal to vie for the title of Perth’s tallest residential building.
Preparations are being made for international fashion giant H&M to open its long-anticipated second store in Perth, while the Plaza Arcade is in line for a $6 million revamp to make room for another flagship global tenant.
The cost of hiring tradies in Western Australia has fallen over the past year but continues to be substantially more expensive than other states, an industry survey has found.
Apartment towers are getting taller, but one of the city’s leading architecture firms says an authentic mix of uses is the next step in the maturation of Perth.
Perth's tourism sector is expected to receive a boost from the Ritz-Carlton & The Towers proposal at Elizabeth Quay, with national construction contractor Probuild confirming it has been appointed to undertake the project.
Developer and funds manager OpenCorp has predicted Perth’s residential property market to turn around in the next 12 to 24 months, with the Melbourne-based company aiming to increase its portfolio in Western Australia after the recent launch of two projects.
This week, Reiwa members reported an increase in weekly sales to 680. The rise in overall sales by 37 per cent over the week is attributed to a 34 per cent increase in sales for houses, 56 per cent for units and 37 per cent for land.
West Perth-based developer Cedar Woods Properties has maintained its profit guidance for the current financial year, with strong performances on the east coast continuing to offset soft conditions in Western Australia.
