A TWO-SPEED market has emerged in the industrial land sector, with demand spiking for land located in Perth’s traditional industrial strongholds around Kewdale and Welshpool.
Residential developments in Western Australia have taken out three of nine categories at the Urban Development Institute of Australia’s national awards, while WA real estate agents have scooped four national awards for excellence.
FREMANTLE needs to take action to make the city a more attractive prospect for private and government investment, a report by the Property Council of Australia and consulting firm Urbis has found.
The appetite for apartments in Perth’s CBD will be tested when Frasers Property Australia launches its $450 million Queens Riverside development on Adelaide Terrace in East Perth.
Residential developments in Western Australia have taken out three of nine categories at the Urban Development Institute of Australia's national awards, while WA real estate agents have scooped four national awards for excellence.
The count down to new minimum energy efficiency ratings for new homes is on, with 12 months to go until six stars become standard practice in Western Australia.
THE state government has advanced plans to make the heritage-listed South Fremantle power station the focal point of a major redevelopment of former industrial land at North Coogee.
The City of Perth has set the wheels in motion to redevelop a 7.4 hectare tract of land in West Perth, known as the Hamilton Precinct, for residential and commercial use.
The City of Fremantle says it is aiming to quadruple its inner city resident population and increase retail floor space in its CBD by 20,000 square metres by 2015.
Entrust Funds Management has all but conceded defeat in its bid to roll the board of developer Aspen Group, after discussions with major institutional shareholders revealed a lack of support for the bid.
THE state government says a $250 million developer contribution scheme, launched at the Wungong Urban Water project in Armadale, will significantly boost land supply and set new standards in facilitating development across multiple landowners.
ARCHITECTURE firm Hames Sharley was recognised at this year’s Property Council of Australia/Rider Levett Bucknall WA Innovation & Excellence Awards for its work on 100 St Georges Terrace/Enex100.
ACTIVITY levels in the Western Australian property market have slumped to 10-year lows and are projected to reach 20-year lows, new data from the state government’s land information agency Landgate show.
While residential construction is declining across the nation, Western Australia's new home building sector has bucked the trend with a 1.5 per cent rise over the December quarter.
Perth-based Perron Group has secured five new leases for its office tower on Melbourne's St Kilda Road, despite vacancy rates in the area rising above expected levels.
The state government has announced it will increase fines to a maximum of $1 million for illegally demolishing or damaging a state-registered place without appropriate approval.
SUBIACO-BASED engineering and construction contractor Doric has won a contract to build a new medical research facility in Nedlands, which will have a completed cost of more than $100 million.
FREMANTLE Ports says it still wants a commercial development at Victoria Quay, after ING Real Estate abandoned its contentious $350 million redevelopment plans.
BUILDING approvals fell in Western Australia over January, but WA fared better than most of the rest of the nation, according to the Housing Industry Association.
RESIDENTIAL and commercial construction in Karratha is set to grow rapidly after the state government short-listed three companies for what will become the largest new development in the town.
PERTH house prices fell 1.5 per cent in January, amid a national fall of 1.6 per cent that further dampened growth as natural disasters swept across the nation, according to a recent survey.
THE state government has announced it is moving most of its offices out of the CBD, while accounting firm PwC will also shift its base; but the moves are not expected to make a dent in Perth’s shrinking office vacancy rate.
PEET and Cedar Woods have continued to be the pick of the bunch among Perth’s listed property developers, with both companies’ half-year results boosted by their exposure to the relatively strong Melbourne market.
Perth is the 19th most expensive city in the world for office accommodation, trailing only Sydney for Australian capital cities, new research has found.
