Property

Finbar Group's new plan for its Civic Heart site in South Perth will have 74 fewer apartments and an end value 45 per cent lower than its original proposal, while it will be delivered a year after the first project was scheduled to be complete, the developer has revealed.

Land developer Peet says it doesn't expect conditions to improve in Western Australia in 2017, as it continues to push its long-running strategy to focus its operations outside of its home state.

The corporate regulator has asked the Federal Court to appoint representatives of KPMG as liquidators of several subsidiaries of Pilbara-based property developer Macro Group.

OPINION: Sales activity contracted over the week with Reiwa members reporting a decrease in weekly sales to 676.

More than 50 home building companies put themselves forward to take on the work in progress of collapsed builder Builton, with JWH Group emerging as the administrators' top choice.

Elders has announced plans to expand its real estate presence in the South West through the acquisition of Bunbury-based Southern Districts Estate Agency for an undisclosed sum.

Property industry lobby groups say WA Labor's plan to introduce a 4 per cent tax on foreign buyers of residential property if it wins the March 11 state election is a retrograde step for the state'

Perth-based Fleetwood Corporation has posted solid results for the half year, with revenue higher and profit surging, but no dividends declared.

Perth's median house price is on the verge of upswing in 2017, as a stabilising labour market and surging commodity prices drive marked improvements in consumer sentiment.

Building products manufacturer Boral has maintained a solid half-year profit despite cutting 100 jobs in Western Australia last year, following a plunge in sales volumes and earnings at its Boral B

Buyers at Finbar Group's $400 million Civic Heart project are being refunded their deposits, after the state's largest apartment developer announced it would scale back the size of the tower because of uncertainty regarding planning rules in South Perth.

A commercial property across the road from Westfield Carousel has sold for $1.6 million, as developers continue to seek sites around the City of Canning's planned new town centre.

Property industry bodies have entered the state election fray, with both the Urban Development Institute of Australia and the Property Council of Australia lobbying for stamp duty concessions and planning reform to boost housing affordability.

Disruptive technologies continue to gain traction in the property market, with more than 400 Western Australian agents expected to use online advertising portal HumblAbode by the middle of this year, while a Perth-based firm is taking a software platform designed to simplify back-office transactions to the ASX.

Community spirit and communal facilities have emerged as priorities for apartment buyers, according to preliminary results on a new survey by WA Apartment Advocacy.

Striking a balance between CBD and suburban office markets is becoming crucial in a post-boom economy.

Sydney-based property fund manager and investment group CorVal has made a big acquisition in Western Australia, buying Northbridge office building WorkZone East from Charter Hall in a $68.2 million deal.

A company associated with Builton appears to be manoeuvring to complete two of the biggest jobs of the failed development and construction company – the Quattro on Burswood and Vue Maylands apartment projects.

Retail property syndicator APiL has added to its Perth portfolio, buying bulky goods precinct Joondalup Gate for $57.8 million.

OPINION: Sales activity was up over the week, with Reiwa members reporting an increase in weekly sales to 688.

OPINION: Sales activity contracted over the week, with Reiwa members reporting a decrease in weekly sales to 567.

Office vacancies in Perth's CBD have peaked, according to some in the commercial property sector, with markets expected to stabilise as construction of new offices slows.

The worst could soon be over for Perth's troubled housing market, with new data hinting at a bottoming of the downturn while warning that any recovery will likely be slow.

German supermarkets giant Aldi says it will open 14 more stores in Western Australia this year, after the debut of 19 of its outlets in Western Australia in 2016.

National Storage has spent $30 million in Perth, buying the freehold interests of two of its facilities in Rockingham and Guildford, acquiring two industrial plots, and renegotiating a lease on a S

SPECIAL REPORT: Developers are turning to wastewater recycling to ensure they can deliver lush public open space in their estates.

SPECIAL REPORT: The head of a new boutique land developer believes difficult market conditions provide the perfect opportunity for the business to make a splash in the market.

SPECIAL REPORT: Developers are working more closely than ever with Western Australian builders to provide a diverse range of housing options to cater for changing lifestyles in a rapidly evolving market.

SPECIAL REPORT: Last year couldn't end soon enough for the state's land developers, who are banking on a break from adverse conditions. Click through to see our BNiQ list of land developers.

The state government says it expects to reap about $300 million from the sale of all nine lots at Elizabeth Quay, with three offers being considered for the last vacant site.

Downsizing in the resources sector is outstripping emerging demand from technology, medical and education businesses for CBD office space according to a new report by independent property research firm Y Research.

The collapse of yet another Western Australian residential builder appears set to further upset the delicate state of the sector, with financiers, insurers, 350 trade creditors and as many as 130 home owners facing losses.