Property developer Stockland will wait to hear what investors have to say about the rejection of its $2.4 billion takeover proposal for Australand before considering further options.
Diploma Group has been awarded three contracts worth a total of $66 million for the construction of residential and commercial developments in the Perth metropolitan area.
Property developer Australand is preparing for a possible takeover from fellow developer Stockland which would propel the combined entity to second position on the list of Western Australia's biggest land developers.
One of Perth's largest apartment projects by value is due to be launched in coming weeks in Rivervale, testing demand and pricing in what has become a development hot spot.
The state government's push for apartment and townhouse developments, as well as increased appetite among home buyers for high-density housing, is creating substantial opportunity for residential property syndicates.
Tourists and business travellers will soon be spoilt for choice when it comes to luxury hotels in Perth, with a rush of new developments providing new options at five stars and above.
Aspen Group has made more progress in selling off its commercial portfolio, offloading its highest value asset - the Septimus Roe office tower on Adelaide Terrace - to Singaporean development giant
Mirvac Group has cleared the way for development of its next high-rise apartment tower at Burswood after overcoming objections from local residents and the local council to its revised plans.
The federal government could take a fresh look at negative gearing rules in the May budget to help balance the books and make housing more affordable and accessible.
Resources sector professionals are choosing to live in the inner city instead of the urban fringe, contrary to traditional notions that fly-in, fly-out workers prefer to live in the outer suburbs.
Perth's residential property market has come off the boil, with the Real Estate Institute of WA reporting patchy sales in the March quarter, while property analysts RP Data-Rismark said the city's
Hotel group Hilton Worldwide has announced it will open two of its DoubleTree by Hilton branded hotels in Perth and Fremantle, with a third property in Northbridge also on the agenda.
BGC has unveiled details of its second major hotel project in Perth, which will add a further 224 rooms to the city's growing hotel development pipeline.
National construction company Probuild has added a contract to build the third tower at Kings Square to its pipeline of work, taking its value of deals won in the first few months of 2014 to more t
The WA Planning Commission has moved to address a shortage of large industrial plots in the metropolitan area, seeking to rezone large swaths of rural land in Hazelmere to allow for industry use.
SPECIAL REPORT: Perth hotels have varied their marketing message to attract more of the leisure market, but new developments will present additional challenges.
The Metropolitan Redevelopment Authority has placed two development sites adjacent to the Midland Railway Workshops and Woodbridge Lakes Estate on the market.
Boutique developer and funds manager Match Group has made a foray into Asia in an effort to capitalise on increasing offshore interest in Western Australian property assets.
Perth-based marine farming company Cell Aquaculture has flagged a move into property investment, signing a heads of agreement to acquire two new projects in Asia for $83 million in an all-scrip bid.
Leasing activity in Perth's industrial land sector is beginning to show the first signs of recovery after a slow 2013, according to a leading sales agent, while at the same time demand from institu
