Bankwest has had a win in its long-running battle with prominent property developer Luke Saraceni over Raine Square, with the Supreme Court today backing the appointment of administrators over the
The number of first homebuyers in Western Australia's residential property market hit its highest level in nearly three years in August, new research says.
The state government has made an amendment to the metropolitan planning scheme to facilitate the development of a 429 hectare tract of land in Bullsbrook for industrial purposes.
The City of Fremantle says Myer's announcement that it will close its port city store early next year provides clarity for the proposed redevelopment of King's Square.
The state government has moved to re-zone more than 100 hectares of land near Mandurah for future residential development, but industry has given the plan a mixed reaction, saying there are already
Property developers FJM Property and Ascot Capital have formed a joint venture to develop a 2.3-hectare site in Innaloo, next door to the site where Georgiou Capital is about to start construction
Property giant Mirvac and mining magnate Nathan Tinkler will return to court next week to continue their stoush over a multi-million-dollar agreement to buy industrial land for a new coal terminal
Property developer Diploma Group has been asked to explain the circumstances surrounding its $25.5 million net loss for the 12 months ending June 30, which was announced late last week.
The state government is seeking developers to deliver a 400-room riverfront hotel and residential tower on the first land made available at Elizabeth Quay (see video fly-through).
CONCERNS over new housing availability in Western Australia have grown after recent ABS figures revealed private sector housing approvals dropped 4 per cent last month, and have been on a downward
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.
Embattled developer and funds manager Aspen Group has painted a gloomy outlook for its residential and commercial property syndicates, after launching a strategic review in the wake of a near-$100
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.
