Perth Airport has partnered with national property manager Vicinity Centres to develop a $145 million 110-store direct factory outlet near the airport.
The City of Subiaco has been trumped by the metropolitan west development assessment panel, while residents in South Perth face a two-month wait to learn the fate of a contentious apartment project on Mill Point Road.
CTI Logistics has put more of its surplus properties on the market after disclosing that its underlying profit continued to deteriorate during the March quarter, with the business hit by what it said was a severe downturn in activity in Western Australia.
The trend in dwelling sales activity in Perth recorded in Reiwa’s weekly Real Facts across the first three months of 2016 suggests sales increased during the month of January, stabilised in February, with volatility in sales seen during March.
Curtin University expects to start building up to 1,400 new student accommodation beds at its Bentley Campus by the middle of next year, after officially putting out the call for development partners for the first phase of its Greater Curtin vision today.
Blackburne has become the latest developer to buy into LandCorp’s Claremont on the Park, unveiling a plan to build 123 apartments and 1,950 square metres of commercial space on one of the landmark
Mirvac Group has shifted its strategy to reflect the nature of Perth’s patchy apartments market, rolling out more affordable dwellings at its Leighton Beach and Claremont projects instead of multimillion-dollar luxury apartments.
Pindan Capital is banking on its east coast expansion to bring investment back to Western Australia, following the purchase of two Sydney development sites.
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.
