Property

BGC Australia has returned to the black after two years of big losses, helped by major asset sales, but acknowledged its continuing operations are still trading in the red.

Welink has lost its bid to remove the affordable housing component from its development application.

KordaMentha administrators have taken control of Nicheliving’s construction division, less than a month after the company's directors agreed to a decade-long ban on building homes.

Cedar Woods boss Nathan Blackburne says it will take more than five years for the nation to solve its housing supply issues.

West to West Group has been appointed to construct the project, despite a sod turning ceremony occurring at the site nine months ago.

The oil and gas major has signalled a move to Brookfield’s Nine The Esplanade from its current national headquarters at enex.

Perth developers can learn from the massive repurposing of London’s Battersea Power Station.

A sprawling Nullarbor station has been placed on the market after billionaire Andrew Forrest dropped his bid for the property.

Master Builders Australia has called for a reduction in red tape for residential construction, amid revelations WA had the slowest approval to completion for new homes in the nation.

The family office has settled on a deal valued at more than $200 million to purchase a half stake in the retail centre from QIC.

Hancock Prospecting has disclosed how much it stumped up to buy a majority stake in the Bunbury Farmers Market.

The median house price has climbed to more than $800,000 for the first time in history, CoreLogic data shows.

Dwelling approvals in the state have jumped by 11.4 per cent in September, against a national rise of 4.4 per cent.

A long-running saga between developer Sanur and City of Subiaco continues, with engineering experts probed on the urgency of fixing the ageing Hay Street shops during a tribunal hearing.

The result reflects a stark turnaround for the Dale Alcock-led builder, representing an $85.8m recovery since 2022.

The Shire of Mundaring has called on the federal government to overturn its environmental approval of Satterley Property Group’s North Stoneville proposal.

The state government and Blackoak Capital have officially marked the start of the Edward Millen precinct redevelopment, which has been estimated to cost more than $20 million.

International group Accor has been chosen to operate Perth Airport’s first hotel on its estate, estimated to open in 2027.

Victorian property players Wolfdene and Oreana Group have acquired a 72ha parcel of land north of Ellenbrook, with a view to developing a $300 million project.

Western Australia’s newest abattoir is on the market as demand from small producers to service their paddock-to-plate operations intensifies.

The Nedlands-based syndicator has sold four hectares of land for $17.6 million, paving the way for a 46-unit business park.

Perth’s industrial property market is still performing strongly but is showing signs of slowing.

Data from JLL shows a slight per cent reduction in Perth’s CBD office vacancies in the September quarter, in line with national trends.

Perth developer Norm Carey’s Goldblaze Nominees has sought additional storeys for its $27 million apartment project in East Victoria Park.

The Adrian Fini-led company has put a build date on its plan for the former Hollywood Retirement Village site.

A 3.8-hectare parcel of land, formerly the Beaconsfield TAFE site, is one step closer to be developed into more than 150 residential lots after unanimous support from council.

ASX-listed Propel Funeral Partners has purchased nine lots on Whatley Crescent for $7.01 million.

Homebuilders are tackling challenges head on in a bid to meet a growing demand for housing.

A company owned by Toni Saraceni has bought a Newcastle Street property from receivers.

Family-owned contractor Georgiou Group is continuing to pursue national expansion, with regulatory filings providing a detailed insight into its profitable growth.

Perth-based investment company Perron Group has reported another big profit while flagging plans to diversify its portfolio, anchored by property assets like Central Park and Cockburn Gateway.

Saracen Properties’ Gnarabup resort proposal is out for another public consultation, almost three years after the environmental watchdog assessed the $118 million plan.