Property

Western Australia is building more homes than last year, but the rate of completions is dropping.

Several developers have added construction divisions to their businesses, as fewer builders take on apartments.

Two West Perth offices have sold for a combined $4.96 million to separate buyers.

Former PwC Perth managing partner Michelle Tremain has started a new role leading property developer Adrian Fini’s private family group.

The Perth-based flexible workspace provider has announced it will expand its footprint into Sydney and Brisbane.

Subiaco-based QUBE Property Group plans to build a new industrial facility after is purchase of 4.5 hectares in Forrestdale for $6.82 million.

Ian Armstrong has stepped off the board of major private conglomerate Perron Group, to be replaced after 35 years as a director by Victorian Ken Marshman.

A gym and a bowling alley have sold for a combined $8.2 million to local and eastern states investors.

Indigenous engagement is increasingly manifesting in the way buildings are designed.

The Aboriginal charitable trust has added to its property assets with the $8 million purchase of the shopping centre.

Cedar Woods Properties has partnered with Tokyo Gas to develop a 9,784 square metre site in Subiaco that has been earmarked for hundreds of apartments.

An eight-storey apartment in North Perth, estimated to cost $35 million, has been approved by a development assessment panel.

A local hospitality operator has purchased the asset for $4.6 million, via administrators KordaMentha.

The Bankwest Curtin Economics Centre says there should be more incentives for workers in the building and construction industry if WA is to meet it housing targets.

A new report highlights consumer trends in luxury retail, as Fendi backs out of a deal to move to Perth.

The North Beach-based agency has launched as a new independent firm, after it ended its franchise agreement with Realmark in May.

A development assessment panel has approved MSWA’s multi-million-dollar proposal to build an assisted living centre near Rockingham, for people living with neurological conditions.

Perth’s rental vacancy rates have risen to 1.25 per cent, yet rental conditions remain exceptionally tight.

Realside Property’s $107 million purchase of Maddington Central has paved the way for Sirona Urban to transform the site.

The WACA ground heads a list of projects under way, but the precinct needs further progress for its vision to be fulfilled.

Perron Group has sought a four-year extension to start building the $1 billion Cockburn Quarter project, citing “extenuating circumstances” in the market.

Primary health clinics, commercial land, and plans for a potential Good Grocer-style IGA are gathering renewed interest around Broome.

The Australian Competition and Consumer Commission has raised concerns about the proposed $1.3 billion acquisition of a dozen residential projects, including two in Perth.

The $8.5 million development went back to planning authorities after a dispute about car parking.

The business entity controlled by collapsed builder Modco Residential's co-founder has fallen into liquidation.

Financiers are chasing Iris Residential boss Simon Trevisan over $38.7 million they alleged he failed to pay as security for projects in Claremont and Booragoon.

The state government has upped the property price and income limits for its Keystart home loans, a move widely welcomed by industry stakeholders.

After months of fast-rising rents, momentum is starting to tip in favour of tenants as more homes become available.

Construction of a three-storey development in Dalyellup is set to start next year after retirement village provider Bethanie received unanimous council approval for its $32 million plan.

The state has the highest increase in dwelling approvals of any state, as the nation bounces back from decade-low levels of home building.

Duxton Hotel Perth has started on the second stage of a $35 million refurbishment, which will upgrade 30 rooms and several function spaces.

Nicola Brischetto is tackling the industry’s challenges head on, following a career in an array of fields.