Perth-based developer Twin Ocean Group has launched two major projects in Brisbane with a combined end-value of $300 million, with the developments largely funded by a network of Western Australian high net-worth investors.
An application has been lodged with the City of Perth to amend the design of the office component of the much-awaited Capital Square development, the latest sign of progress at the old Emu Brewery site.
FEATURE: Perth's newest office buildings are increasingly incorporating retail and hospitality precincts, as well as end-of-trip facilities, in a design-led effort to boost tenant and employee retention.
FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.
Property developer Australand said it is on track to lift its annual earnings even if a $2.6 billion takeover offer from a Singapore company falls through.
Affordable housing options near Cockburn are being built in as little as 10 days, according to modular builder Hickory Group which has started the assembly of a six-storey building with 77 apartments.
The state government’s tight 2014 budget and widespread job cuts in the resources sector have put the clamps on positive sentiment in the property sector, according to the Property Council of Australia.
The state’s biggest home builders are innovating to tackle Perth’s housing affordability issues, but they say alternative construction methods are only part of the solution.
Jolimont-based Roxby Architects has won the George Temple Poole award at the WA architecture awards for its design of Toyota's Western Australian head office.
Woodside Petroleum has confirmed it will be the anchor tenant at Capital Square, signing a memorandum of understanding with the site’s developer, AAIG.
Property giant Stockland’s hopes to snare rival Australand have been dealt a massive blow, with the takeover target agreeing to a $2.6 billion offer from Singapore.
Commonwealth regulatory approval has been granted for PBD Development’s (formerly Port Bouvard) Point Grey marina project, prompting the company to commence a formal assessment of opportunities for outright sale or joint venture development of the project.
Property services and engineering company UGL has clarified that it intends to return surplus net proceeds from the sale of DTZ to shareholders following completion of the transaction and after the pay down of debt.
Developers are getting on board with the City of Melville’s vision for a redeveloped Canning Bridge precinct, ahead of changes to the area’s planning scheme expected to be finalised later this year.
Developer Sirona Capital’s mooted $30 million, 73-room Quest apartment hotel in the west end of Fremantle is the latest in more than $100 million worth of short-stay accommodation projects being planned for the port city.
Perth home sales are down 5 per cent on the same time last year with investors and first home buyers showing weaker interest, according to new data from the Real Estate Institute of WA.
Perth home values have gone backwards over the year to date despite growth in all other capital cities, according to the latest RP Data-Rismark home value index.
