Property

South Metropolitan Region MLC Phil Edman has called for an overhaul of the Department of State Development over the allocation of a prime beachfront plot of industrial land to global giant Puma Energy, which is planning to build an $80 million bulk fuel storage depot.

Local government representatives from Perth’s suburban north-west have visited Canberra in an effort to spark federal support for the growth of the region.

Perth-based surveying firm McMullen Nolan Group is focusing on rolling out its laser scanning technology across the industry, as it marks its 25th anniversary by rebranding its operations as MNG.

Developers and prospective buyers of apartments with ocean views remain frustrated by the lack of opportunities along the metropolitan coast.

Property investor BWP Trust has announced plans to purchase a site in Australind, near Bunbury, where associated company Bunnings Group intends to build a new warehouse store.

The mining slowdown has resulted in a shortage of leased industrial property investment opportunities, according to Realmark Commercial.

The state government has purchased the former Esplanade Hotel site at Albany’s Middleton Beach for $7 million and has awarded property developer LandCorp $1.5 million to provide early work at the site.

Australia's home price boom is being driven by a lack of properties rather than foreign investors, apartment developer Mirvac Group says.

The state government has committed to pay $7.3 million per year in fees to the manager of an accommodation village in South Hedland, irrespective of occupancy levels, after tipping in $53 million to support the original development.

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.

Diversified development giant Lend Lease is lukewarm about Australia's economy even though it is upbeat about local residential construction.

House builder Cedar Woods Properties says strong market conditions in Western Australia and Victoria will likely lead to profit growth.

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.

The state government has been praised for its commitment to planning reform, but local governments are being urged to get on board.

Sales and rentals of established apartments in Perth’s inner city are stalling as the rollout of new stock intensifies.

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.

Attention turns to the state’s south as the property market in the north-west stalls.

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.

Sellers in Perth's prestige property market could be forced to drop their prices next year as commodity prices continue to weaken.

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.

Vivien Yap has made a significant impact in western suburbs real estate circles in just three years.

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.

A luxury riverfront apartment project in Belmont is back on the cards after 10 years of disputes and red tape.

The Piccadilly Arcade is set for a $12 million upgrade, with a development application to restore the historic mall lodged with the City of Perth.

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.