Property

The syndicator has sold four development sites to three separate buyers adjacent to a proposed business park for $3.47 million.

A development assessment panel was unable to decide on a $31.5 million apartment plan in Nedlands, despite holding a meeting that spanned for more than three hours.

The property giant has added to its stable of regional accommodation assets, with the $6.45m purchase of Newman’s Seasons Hotel from Ascot Capital.

The second stage of Bob Hawke College is among the 16 award winners and commendations in this year’s WA architecture awards.

The Subiaco-based syndicator has purchased two medical centres from Centuria.

The state’s land developer has purchased a 4.63-hectare site in the Australian Marine Complex from engineering company AME.

Stockland has lodged its proposal to build an independent living complex comprising more than 150 dwellings north of Perth, at an estimated cost of $75 million.

International coffee chain Starbucks continues its expansion in Western Australia after a development panel gave another location the green light.

The state’s peak planning body will go through a reform next month, with new members to be appointed but the size of the panel reduced.

The Australian Bureau of Statistics found dwelling approvals in April fell by 0.9 per cent in Western Australia, against a 0.6 per cent slump nationally.

The retail giant has entered an agreement to sell its Karratha City Shopping Centre to Melbourne’s Fawkner Property.

National Storage received the green light to build a $19 million warehouse complex in Rivervale, after the proposal was initially knocked back.

A proposal for a $450 million complex near Subiaco Oval, to be built by Malaysian developer UEM Sunrise, has been released for public consultation.

A local developer has purchased the Tonkin Highway Industrial Estate asset.

A Perth CBD-based real estate agency has been fined after failing to lodge nine security bonds worth more than $14,000 within the deadline.

The state’s house prices continue to grow at a faster rate than other jurisdictions, with another 2 per cent jump last month and 22 per cent rise in the 12 months to May 31.

City of Perth Lord Mayor Basil Zempilas has lauded the Forrest empire’s plans for Carillon City, revealing the development will include student accommodation as part of a university-centric city vision.

Golden Sedayu is preparing to start construction on the long-awaited Belmont Park precinct.

A workers accommodation plan on land owned by B & J Catalano remains in limbo after a development panel was unable to decide on the multi-million-dollar proposal.

The City of South Perth is set to transfer the retirement facility to private hands, following a $21.8 million deal.

Two family-run Perth motels, owned by John Christie for more than 30 years, have been sold to international investors for a total of $57 million.

The state is expected to record a 27 per cent uptick in home starts next financial year, but this won’t align with the population’s needs.

The sale of a holiday home to the Franco family and Empire Retreat to local investors have highlighted the attraction of the area.

The supermarket giant’s development arm has bought two hectares of land at Cedar Woods’ Eglinton estate for $14.3 million.

The Subiaco-based developer is set to split into two different brands, following a strategic review of its operations.

Commercial property developers are at boiling point with Western Power connection delays, citing the backlog as a major project feasibility concern.

The Subiaco developer has pieced together a $100 million plus estate across 30 hectares in the Westport precinct.

Listed FFI Holdings has bought $5 million of vacant industrial land in Jandakot, growing its local portfolio.

Yolk Property Group has proposed to build a country club in Margaret River, in partnership with Everland Communities and retirement operators Chanje partners.

A $14 million neighbourhood centre, opposed by the Cancer Council for promoting fast food close to a school, has been approved by a development assessment panel.

A $78 million, nine-storey apartment project is being lodged with the City of Subiaco today.

Recent data from Urbis shows apartment supply is increasing, but it is still not expected to meet demand.