Property

Westfield Group chairman and Australia's second-richest person Frank Lowy has defended his right to receive directors' fees.

Diploma Group shares have risen on the ASX today after the company said its efforts to restructure its operations would result in a significant lift in profit for the 2013 financial year

The Satterley Property Group has bought a 2,000-home lot in Melbourne for $100 million.

Peet chairman Tony Lennon has lifted his interest in the land development company to 21.4 per cent after participating in a special placement tied to its takeover of east coast property company CIC

Troubled property developer Port Bouvard is continuing to shift its focus to the east coast, with the appointment of two Sydney-based executives to senior roles.

Experienced Perth property executive Evan Campbell has jumped on board an emerging north-west homes builder, hoping to help it capitalise on a still-buoyant market in the resources region.

Perth could miss out on a wave of investment in non-residential property, according to a national survey released by the Australian Property Institute today.

The completion date for Herdsman office development 20 Walters Drive has been brought forward to January 2014.

Mobile accommodation provider Fleetwood Corporation has announced its second half year profits will be below expectations.

Perth property magnate Stan Perron is one of three Australian property industry leaders inducted into the Property Hall of Fame this year.

Embattled property developer Luke Saraceni's battle with the corporate watchdog will move to the Supreme Court after his appeal to the Full Court of the Federal Court was dismissed this morning.

Australia's corporate regulator has dropped an asset stripping charge levelled against property entrepreneur Norm Carey, after the discovery of new evidence two weeks into a District Court trial.

Home loan approvals have risen by 5.2 per cent on the back of lower interest rates and strong building activity.

National property developer Stockland says its earnings will drop because of the costs associated with changes to improve its performance.

Residential property owners and real estate agents will no longer be able to charge prospective tenants up to a week's rent to apply for a lease, under new laws introduced by the state government t

The number of dwellings expected to be built in Perth this year has increased to 22,500, and is forecast to stay around that level for the next three years.

Palmyra-based Sullivan Property Consultants has picked up a Rockingham bulky goods centre for $14 million.

Oil and Gas giant Chevron has committed to expand its lease and take up 45 per cent of the commercial space in CBD office building QV1.

Western Australia's property market continues to outperform other capitals, with the state leading the way in a slight rise in Australian house prices in the first three months of 2013.

LandCorp and the Town of Cambridge's plans for a 200-lot subdivision in Jolimont have passed a significant milestone, with the rezoning process for the 4-hectare site ready to be kicked off after a

An industrial property in O'Connor is part of a portfolio of packaging manufacturer PACT Group's warehouses being brought to market by privately-held investment company Centralbridge, which expects to reap around $80 million from the sales.

Boral says a downturn in demand for brick and masonry in Western Australia has contributed to falling earnings, leading the building products supplier to look to cut costs across its operations.

The purchase by Dexus of the first three towers in the Kings Square precinct caps a stellar month for city office sales as the major property groups home in on the new opportunities in Perth's expanding

Planning approval for a Subiaco office project under a new assessment model has run into stiff opposition and could lead to more legal challenges to the state government's fledgling planning applic

Western Australian home building approvals rose slightly in March, but it wasn't enough to stem the largest monthly decline in national approvals since July last year.

Low-income earners' prospects of finding affordable housing in Western Australia continue to decline, with Perth's median rent price up 16 per cent from 2012.

Wesfarmers expects to free up $400 million of capital after establishing a joint venture with unlisted property fund manager ISPT.

Finbar Group plans to construct a 240-apartment complex in West Perth, after acquiring a 4,410 square metre development site on Murray Street.

Perth's housing recovery has hit a stumbling block, with prices dropping in April and new home sales declining in March, but analysts are describing the falls as a temporary blip.

Bankwest has put its former administrative headquarters in Northbridge on the market, with agent Colliers International expecting the James Street property to stoke keen buyer interest.

Plans for a 500-pen marina near Rockingham have passed the scrutiny of the state's environmental watchdog, but the project will have to meet some of the strictest coastal development conditions if