Property developer Finbar Group has raised nearly $21 million which will be applied to its expansion plans in the Pilbara and continued growth opportunities in Perth.
Property investment company SAS Global Forrestdale Pty Ltd is facing further pressure after the corporate regulator cancelled the financial services licence of its responsible entity, Teys Property Funds Ltd.
Property company Finbar Group has been named by the state government as the preferred developer of a new housing project, including a 10-storey high-rise, in Karratha, valued on completion at $225 million.
THE Master Builders Association has endorsed a recommendation to create a residential land bank and restructure LandCorp to alleviate housing shortages in Western Australia.
A LOCAL syndicate at Ellenbrook has put forward its case for turning 2,000 hectares of vacant land north of the suburb into a light industrial and commercial hub.
Western Australia has dominated a property list of the top 50 best performing council areas in the country, with the median house price in the Roebourne shire of $840,000 the highest in the nation.
Western Australia needs to brace itself for a housing shortfall of more than 72,500 by 2020 with Wanneroo and Rockingham to suffer the greatest shortages, according to a new report.
THE developer behind the contentious Smiths Beach resort proposal says it is pleased with Environment Minister Donna Faragher’s decision to give a scaled-back development the green light.
METROPOLITAN land developers are predicting a significant shortage of housing lots later this year, as tight bank finance and the slow approvals process cause roadblocks in the development pipeline.
The strongest quarterly increase in new home starts in eight years has highlighted the effectiveness of the federal government's stimulus package, but economists warn that not enough new homes are being built to accomodate a rapidly growing population.
Aspen Group says the Australian Taxation Office has signed up for an initial 15-year lease at its planned $200 million office tower in the Adelaide CBD area.
Property developers Georgiou Group, Match Group and Australand are among the shortlist the state government has today revealed to transform the disused Knutsford industrial site near Fremantle into a residential precinct.
Salta Constructions has commenced winding down its operations at Raine Square after spending the past three weeks trying in vain to negotiate a settlement with project developer Saracen Properties.
In a move demonstrating confidence in Western Australia's commercial property sector, Georgiou Capital will commence construction on a Nedlands office development without pre-sales or tenant commitments.
HOUSING Minister Troy Buswell’s commitment to build 20,000 new affordable dwellings by 2020 is providing a lift for the sector, but the growing waiting list for public housing needs to be tackled by the private sector, according to social housing provider
Detached new home sales in WA surged 12.2 per cent in January in a sign that upgrading owner occupiers and investors may be coming back in to the market, a leading industry body says.
NATIONAL property developer Stockland has joined rival developers Peet and Delfin Lend Lease as a key investor in the Alkimos-Eglinton area, north of Joondalup.
AS the shutdown of the Raine Square development site in central Perth enters its third week, speculation continues over the possible fallout from the dispute that prompted the lead building contractor to close the site.
PERTH’S industrial property market is showing signs of renewed strength and confidence, although that could be undermined by supply constraints, according to the latest market analysis from Colliers International.
Aspen Group has returned to the black with the property developer and funds manager today reporting a net profit of $12.9 million for the first half of the 2010 financial year.
Property developer Cedar Woods Properties has reiterated its full-year profit guidance of $15 million after it today reported a profit turnaround to $9.9 million.
The Western Australian housing industry is eagerly awaiting the state government's release of a discussion paper to determine its direction over builder's warranty insurance.
AFFORDABLE housing provider Bethanie Group has signed a new partnership with the state government to deliver 200 new community housing units for the aged.
The lock-down of one of Perth’s largest construction projects has focused attention on developer Luke Saraceni and his contractor, Salta Constructions.
