The Anglican Church’s move to distance itself from fossil fuel-related industries could have implications for its CBD property portfolio, with up to nine resources sector companies that lease office space across the church’s commercial buildings.
One of the state’s residential building hotspots, the northern corridor village of Ellenbrook, is entering its final phases, coinciding with its 20th year of development.
The Coffee Club will open in Fremantle, motorcyle retailer Monza Imports in Bibra Lake, and Rockingham-based building products firm EnduraClad will move to Henderson, under three separate leasing d
Belmont-based property developer and construction company Diploma Group plans to build a $35 million, nine-storey residential apartment building in Scarborough, after buying two adjoining blocks of land along West Coast Highway.
Developers are tipping the next wave of demand for apartment projects to come from two very disparate demographics – baby boomers close to retirement and generation Ys looking to get on the first rung of the property ladder.
Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.
An interstate developer has launched its first apartment project in Perth, near the banks of the Swan River, joining a long list of multi-residential projects in the City of Belmont.
Perth land developer Peet says it will seek to raise $47 million to help fund $95 million worth of acquisition interests in six residential development projects across Australia.
Expressions of interest to lease Rechabites Hall and the Perth Hostel in Northbridge open today, marking the final stage of the state government’s $6 million revitalisation project for William Street.
Western Australia’s home builders won’t keep up the record pace achieved in 2013-14, with housing starts flagged to fall 14 per cent next year on the back of slowing population growth and a softening economy.
The City of Geraldton has sold an 8.8-hectare parcel of land for $880,000 to Tersum Energy which expects to spend between $60 million and $80 million to build a 30-megawatt gas fired power station, and is in ongoing negotiations for offtake power.
A western suburbs real estate agency has set up a dedicated China marketing arm, as growing numbers of Chinese developers eye Perth’s burgeoning apartment market for large project opportunities.
The state government will legislate to include the University of Western Australia, Kings Park, the QEII Medical Centre and the City of Vincent in the City of Perth, but will not include the Burswood Peninsula after that proposal was rejected by the independent Local Government Advisory Board.
Offshore buyers are increasingly interested in Perth office stock, but limited assets for sale and the city’s rising vacancy rate are stifling opportunities.
Record building approvals in 2013-14 have resulted in an all-time high of dwelling commencements in Perth, but the latest data show housing construction may have hit the peak of the cycle.
Aquila Resources founder Tony Poli has emerged as a potential buyer for the Port Geographe development, in a move that could breathe new life into the long-stalled coastal project.
The Leederville Fire Station building has been placed on the market, with commercial agents Colliers International and Burgess Rawson putting a $1.1 million price tag on the heritage-listed propert
Approvals for detached housing appear to have peaked for the time being, but multi-residential approvals are set to continue growing in the short-term, analysis of approvals statistics by the Real Estate Institute of Western Australia shows.
A buyer is understood to be circling the Port Geographe development near Busselton, potentially ending years of uncertainty for the blighted marina project.
