Property

One of Australia’s most-recognisable hospitality operators is expanding west, with up to three Ettamogah-branded venues in the works in Western Australia.

AMP Capital says it will kick off construction in 2017 on a $400 million redevelopment of Garden City Booragoon, following the proposal receiving planning approval.

The Shire of Kalamunda has moved to facilitate more infill development around transport infrastructure, but its proposed planning changes are restrictive and won’t achieve the desired results, according to a prominent industry player.

Western Australians are falling behind on their mortgage repayments at a higher rate than borrowers in any other state, according to new Reserve Bank of Australia data.

Billionaire James Packer's private investment firm, Consolidated Press Holdings, has downplayed speculation that he is seeking to privatise casinos operator Crown Resorts.

reiwa.com listings for sale data for the overall market for the week ending 15 December 2015 totalled 15,980.

Energy analytics firm Greensense is set to be acquired by Brisbane-based energy provider ERM Power in an all-cash deal worth $5.25 million.

BGC Development has done the almost unthinkable in current office market conditions, finding an anchor tenant for its under-construction building at 25 Rowe Avenue in Rivervale despite widespread c

The building industry watchdog is taking 23 workers to the Federal Court for allegedly unlawfully laying down the tools while working on a new waste treatment plant for the Water Corporation in February.

Property syndicator Primewest has added to its retail portfolio, buying a homemaker centre in Brisbane for $34.75 million.

Perth residential property prices fell 2.4 per cent in the September quarter, as the Real Estate Institute of Western Australia tipped eight suburbs to watch next year.

LandCorp is close to releasing prime land in the inner western suburbs, with its Shenton Park Hospital site one of 30 redevelopment opportunities across the state expected to deliver more than 14,000 homes.

Doubleview-based Ausnet Real Estate Services, which is backed by mortgage aggregator Finsure and led by chief executive Paul Niardone, is seeking an ASX listing through a reverse takeover of Namibian Copper, which saw its share price crash by more than 50 per cent after the deal was announced.

Alternative construction techniques are gathering momentum in Western Australia, but not all builders are convinced that double brick’s dominance is about to end.

Challenging conditions loom for homebuilders in WA, as demand for new housing slows after record-breaking peaks of activity last year.

A long-running campaign to sell a 50 per cent stake in Exchange Tower is coming to a close, with property syndicator Primewest to pay $113.5 million for half of the CBD skyscraper.

Woodside Petroleum’s impending exit from its namesake office tower on St Georges Terrace has already affected the building’s value, with its owner, DEXUS Property Group, saying it was now worth $80

Perth-based construction contractor Doric has been appointed to deliver the showpiece public plaza at the Perth City Link, Yagan Square.

Property Council of Australia’s long-serving Western Australian executive director Joe Lenzo has announced he will retire next March, with the search for a successor to begin immediately.

The number of residential lots created in November in Western Australia was the lowest monthly result in nearly four years, with state government agency Landgate also recording its lowest levels of monthly activity since the beginning of this year across every type of land transaction.

Stan Perron’s vast private business group has reported a solid lift in revenue and profit, with strong returns from land development projects and international equities offsetting write-downs on the Central Park office tower and its iron ore royalties.

The recent approval for an estimated $450 million expansion of Westfield Whitford City has added to a long line of shopping centre redevelopments proposed in Perth, although ongoing economic uncertainty is casting doubt on how many will actually go ahead.

DEXUS Property Group has made a conditional, non-binding $2.5 billion cash and scrip bid to merge with the ASX-listed Investa Office Fund, which has a nationwide portfolio of assets that includes t

Houses in Perth are at their most affordable level since 2002, with less than 24 per cent of income required to meet loan repayments.

A recent office leasing deal at Exchange Tower has illustrated the lengths to which landlords are going to attract tenants, as vacancies continue to rise across the CBD.

Western Australians won’t get their long-awaited access to Elizabeth Quay until the end of January, with the state government today confirming the project won’t be finished in time for Christmas.

Apartment developer Finbar Group will launch sales early next year for a $162 million, 247-dwelling project at 63 Adelaide Terrace, after receiving planning approval for the project yesterday.

Perth venture capital firms have welcomed government measures today that will allow small businesses to raise money by crowd-sourcing, but criticised them for not going far enough.

Australia could face a sharp decline in home construction that may lead to an easing in prices, a HIA report says.

Western Australia has experienced a complete recovery in confidence following a year of damper sentiment, given strong optimism on household spending and long term economic conditions (up 32.2 per cent and 15.7 per cent respectively).

The state government is stepping up efforts to deliver affordable housing options near transport links by seeking to partner with developers on seven sites across the city worth about $20 million.

Home values in Perth rose by 0.3 per cent in November to a median of $499,000, while the combined capitals index dropped 1.5 per cent.