THE Scarborough beachfront was the site this week for the signing of a tourism promotion and the unveiling of a hotel upgrade, but the long-awaited redevelopment of the area is still some time off.
Perth hotel rooms experienced the largest jump in occupancy and room rates in Australia in the first half of 2012, with lodging prices rising to 21 per cent above the national average, new research
Troubled developer Port Bouvard has appointed Azure Capital to assess its strategic options in the wake of a loss of $103.5 million for the 12 months ended June 30.
Federal Housing and Homelessness Minister Brendan O'Connor has ruled out changes to negative gearing for property owners in the face of a housing affordability crisis.
Australia’s largest property developer, Stockland, has confirmed it has sold 45 St Georges Terrace for less than what it paid for the building in 2006.
Global property developer Lend Lease has forecast higher earnings after unveiling a near two per cent rise in net profit for its 2012/13 financial year.
Construction on new homes and units has slumped to its lowest level in a decade, prompting fresh calls from Australia's housing industry for governments to do more to support the struggling sector.
Apartments developer Finbar Group has delivered a sixth consecutive year of earnings growth, lodging a $28.3 million net profit for the year ended June 30.
FRESH from the opening of a $70 million logistics base in Hazelmere, private Australian company Linfox is on the lookout for more land to support its growth.
Claremont is set to have more than 500 apartments at the Claremont Oval site, continuing a recent trend of higher density western suburb residential developments.
Western Australia recorded the largest dip in new home sales in Australia in July, but the housing industry says the sector remains healthy thanks to significant gains made earlier this year.
Investa Office Fund says it is looking to increase its footprint in Western Australia’s commercial office market, after acquiring the building at 66 St Georges Terrace for $82.4 million.
THE number of Perth shopping centres changing hands this year has grown to six, with the conditional sale of Phoenix Shopping Centre for about $80 million; but there has been no progress on W
Perth has recorded a jump in land sales in the June quarter despite further signs developers are finding it increasingly difficult to bring land to a growing market.
Mirvac's streamlining strategy and favourable property revaluations have contributed to a significant rise in its full year net profit, despite problems in its development business.
Cedar Woods Properties says its focus on residential markets in Western Australia and Victoria has helped it defy challenging conditions and lodge a record profit for the year ended June 30.
The state government has awarded its third early works package for the Elizabeth Quay project, with specialist contractor Maritime Constructions being awarded a $7 million deal to reconfigure exist
Rents continue to increase across the metropolitan property market, while the number of tenants walking out on their leases to find cheaper accommodation is starting to climb, new research says.
PERTH construction group Georgiou has won a $32 million contract from Lend Lease and LandCorp to carry out the earthworks for the first phase of the South Alkimos residential property development p
NEW residential developments in the western suburbs are bringing small blocks, townhouses and small apartment buildings into a market traditionally dominated by large properties.
Environmental groups have called on the federal government to reject a push to allow state governments to approve certain business developments without federal oversight.
Westfield has confirmed it is in talks with financial services group AMP about a possible split of the multi-billion dollar shopping centres they own and manage.
