Aspen Group will secure majority ownership of Aspen Parks Property Fund, following the Takeover Panel’s rejection of Discovery Holiday Parks’ applications for a declaration of unacceptable circumstances.
Perth-based marine farming company Cell Aquaculture has cancelled a deal with Noble Rate to buy its Roxy Casino in Cambodia after it failed to source skilled workers and keep up with ongoing reporting procedures.
Vacancy across Perth’s suburban office markets contracted slightly over the past six months, in sharp contrast to the CBD commercial property vacancy rate, which has blown out since the middle of last year.
Perth's established suburbs accounted for just 28 per cent of all urban land development in 2012, well below the long-term 'infill' target of 47 per cent, prompting calls for regulatory reform from the Property Council of Australia.
Transport Minister Dean Nalder has announced that Fremantle Ports will go to market for the leasing of its container terminals on North Quay for undisclosed sums.
As Fiona Stanley hospital opens the Department of Health has launched an international recruitment drive, despite indications that some existing staff are losing their jobs.
Housing construction is on track to become a shining light of the Australian economy, with a record number of building approvals expected to translate to more construction jobs and ringing at the t
New regulations look set to be introduced to cool Australia's booming housing market, but the Reserve Bank of Australia is not yet ready to reveal what they will be.
The appointment of investment banker Michael Ashforth as manager of the Bennett family’s $1.5 billion fortune highlights the maturing of Western Australia’s private wealth market.
More Western Australians think it is a good time to buy property than in any other state in Australia, but sandgropers remain increasingly pessimistic regarding the prospects of capital growth, according to new research.
A co-working office space catering specifically to the mining sector will launch next week in West Perth, as mining and exploration companies seek to reduce accommodation costs.
About 25 per cent of first home buyers have saved for more than five years before buying a property, according to a survey by financial services provider Mortgage Choice.
The Singapore bidder for Australand will wrap up its takeover of the property developer by snapping up the remaining batch of securities it does not already own - a deal that thrusts the combined entity's Western Australian operations into the top 10 land developers.
Brookfield Multiplex has been given the inside run on two development sites at Elizabeth Quay, after the Metropolitan Redevelopment Authority selected the building giant from a large field of developers for exclusive negotiations over the sites.
Old enemies East and South Fremantle could soon share the same home ground, with the City of Fremantle set to consider a redevelopment funding proposal at Fremantle Oval.
Monitoring the stock of property for sale is an important health check on the market and, coupled with activity, gives us a sense whether it is a buyer’s or seller’s market.
Colliers International has sold more than $50 million in retail property to date in 2014, with Northbridge’s Tyne Square the latest asset to change hands in a deal brokered by the commercial agency.
Taxpayers have been burnt by the Western Australian government after it paid $30 million upfront for dozens of luxury apartments it cannot sell, the opposition says.
The eastern edge of Northbridge is emerging as Perth’s next hotspot for apartment development with four new projects proposing more than 600 dwellings or hotel rooms seeking approval.
An affordable housing development in Fremantle is no longer certain to proceed due to the federal government’s scrapping of the National Rental Affordability Scheme.
The number of houses being sold across Australia has hit its highest level since the global financial crisis six years ago, despite a drop in sales in Western Australia.
