Property

Demand for office developments outside the CBD is spiking as top-quality buildings hit the market at the right price.

The director of Perth-based earth-moving and property company, Pollock Group, Kevin Pollock has been jailed for more than five years following an investigation by the Australian Securities and Investments Commission (ASIC).

THE Property Council of Australia says the state government’s development plan for Hope Valley’s Latitude 32 industrial zone is a good first step to alleviating long-term industrial land shortages, but falls short in addressing short-term needs.

Key development sites could kick-start a rejuvenation of Old Perth Road in Bassendean.

NEW office developments and demand from the mining sector will result in a finely balanced year for Perth’s CBD office market, according to the latest research from analysts CB Richard Ellis.

Planning minister John Day has released plans for the future development of two major parcels of metropolitan land, at Hope Valley and at Burswood.

THE state government’s new Office of Land and Housing Supply will have the power to work across other government agencies and local governments to ensure timely delivery of land.

THE City of Stirling says all the boxes have been ticked for the revitalisation of Scarborough and it is now up to the private sector to deliver new amenity to the seaside suburb.

Port Bouvard is set to receive a much needed lifeline from Queensland's FKP Property Group, which has agreed to chip in nearly $23 million to a planned $60.2 million capital raising.

A RIPPLE effect from the federal government’s proposed super profits tax on mining is creating uncertainty in a transportable and modular building sector that is just tracking back to normal after the damaging impact of the global financial crisis.

A CONSORTIUM of local government councils is taking the final steps to develop 170 hectares of land at Tamala Park in Perth’s northern suburbs.

Herdsman Business Park has emerged as the big winner in a state government shakeup of office leasing commitments.

The Real Estate Institute of Western Australia plans to merge its website with aussiehome.com, with the latter's founder, Charlie Gunningham, to manage the combined product.

Regional Western Australia has recorded one of the largest declines in housing affordability in the March quarter, a new report shows.

The Floreat Tavern has been sold to publican Geoff Hayward, the man behind the development of The Brisbane Hotel, Cino to Go and Luxe Bar.

Cedar Woods Properties has bought the former Bushmead Rifle Range site located at Hazelmere from the Department of Defence for $18 million.

A Singaporean development company is proposing to build three 12-storey apartment buildings on the White Sands Tavern site in Scarborough.

LAUNCHING an emergency breakdown service for houses instead of cars may seem to many to be a novel application of ‘roadside’ assist.

A HOST of ambitious plans to improve the city’s central business district is set to be unveiled for public discussion by the City of Perth.

THE City of Perth is poised to inject new life into the Hay and Murray street malls by launching a strategy to re-utilise forgotten upper level space.

The Housing Industry Forecasting Group has tipped housing starts will increase by 20 per cent over the next year, followed by a 5 per cent fall in 2011.

Property developer Port Bouvard says it has sold its Melros asset for $4 million, taking the total of non-core assets sold to nearly $14 million.

Perth CBD occupancy costs remain the most expensive in Australia, despite falling 27 per cent in the past twelve months, according to a new Global Office Rents report from CB Richard Ellis.

A LIBRARY in Mosman Park and a small home in the Swan Valley have been launched as showcase projects to illustrate the effectiveness and affordability of environmentally sustainable design.

IN A milestone week for underground tunnel projects in Perth, the Northbridge Link reached its first landmark with the launch of the tender process to sink the rail line, and the Graham Farmer Freeway turned ten.

Developer Axiom Properties has agreed to a standstill arrangement with its financier over its half-owned Gepps Cross Bulky Goods Centre in Adelaide.

WESTERN Australia’s town planners have shifted their focus from metropolitan residential planning to infrastructure and regional projects as a result of lingering effects of the financial crisis.

PRIVATELY owned property developer and investment firm, The Lester Group, has backed its positive view of the commercial property market by agreeing to buy an $8.5 million Subiaco office building.

THE Master Builders Association has backed Western Australian builders’ handling of the $16.2 billion Building the Education Revolution schools program, following claims of price gouging by builders in other states.

Salta Constructions has commenced court action against Saracen Properties over the Raine Square dispute.

THE Town of Cambridge has introduced a priority building approvals process, which will allow residential applications to be assessed within five days.

WESTERN Australia’s top interior designers are looking to diversify their focus away from commercial office fit-outs to government, leisure and hospitality work as the number of new office buildings coming to market peaks.