Property

THE state government has lifted the moratorium on the commercial production of genetically modified cotton in the Ord River Irrigation Area, renewing calls for it to move on the Ord Stage Two project.

SOUTH Perth-based property developer Finbar has put its majority owned Gateway office development, currently being built on the former Nutrimetics site on Albany Highway, on the market.

CALLING the bottom in any bust cycle is always highly contentious, even more so in the context of the current global economic crisis.

PERRON Group's shopping centre and office ownership has helped it comfortably absorb more than $100 million from downward revaluations of its equity investments.

THE Links Kennedy Bay golf course has been re-opened under new management with developer Mirvac taking over the role after the former manager was placed into administration.

THE residential population of the area encompassed by the City of Perth is forecast to double in the next 20 years, as the number of new dwellings and net migration numbers grow.

AusQuest shareholder's have approved the strategic alliance and $26 million placement with international mining company, Cliffs Natural Resources.

Privately owned investment company Perron Group’s shopping centres and offices have helped it comfortably absorb more than $100 million from downward revaluations of its equity investments.

The state government has announced it will lift the moratorium on the commercial production of genetically modified cotton in the Ord River irrigation area, boosting the prospects for a major expansion of the region.

Despite record low land sales, prices have steadied and there are early signs of a recovery in the residential property market, property developer Mirvac and the Urban Development Institute of Australia said today.

Superannuation Minister Nick Sherry has released a two-part discussion paper on the implementation of the government's superannuation clearing house measure and possible initiatives to reduce the number of lost super accounts.

The residential population in the city of Perth is booming, and forecasts predict the number to more than double in just over 20 years breaking the 30,000 residents barrier.

WHILE the top end of town chases the advertising dollar in securing chart-topping commercial acts to tour Western Australia, a niche market for musical entertainment has emerged with a different focus.

THE developers of what will become Perth's tallest residential tower remain confident the project will be completed by the end of the year.

RESIDENTIAL developers are beginning to see the effects of sliding interest rates and boosts to the first homeowners grant, with some recording a significant increase in traffic through sales offices.

Property developer Nigel Satterley believes the Perth residential property market is virtually at the bottom of its downward cycle, with increases to the first home owners grant and the drop in interest rates injecting some stimulus into the market.

A major redevelopment of Belmont Park racecourse is back on the table after Planning Minister John Day today approved the advertising of a metropolitan region planning scheme amendment.

Property prices in most capital cities including Perth have plummeted in the September quarter, with house and unit prices flattened or posting negative rates of return in the past 12 months.

INDEPENDENT property valuers, Christie Whyte Moore and Valuation Partners, have merged to form what they claim is Western Australia's biggest property valuation company.

AT least four major shopping centres across Perth are poised for a change of ownership, including three of the Centro Properties Group's largest Western Australian assets.

Despite the global downturn, the retail market is confident the significant amount of retail space under construction will be absorbed.

Work to start on Victoria Quay A START will be made in the first half of 2009 on one of Perth’s most controversial construction projects, the commercial precinct at Victoria Quay overlooking the Frema

AS the credit crunch hits real estate investment trusts, the spotlight has turned to the strength of Victorian-based Becton Property Group, which has a number of holdings in the central business district - including a stake in 111 St Georges Terrace.

THE state government plans to release a draft revision of a controversial policy which caps shopping centre growth, which has been described as out of touch with residential expansion in new growth areas, early next year.

THE growth of retail space in suburban Perth shows little negative signs of the global financial meltdown, as shopping centre operators and traders hold their collective breath that public spending in the approach to Christmas will be at, or near, last ye

AUCTIONING homes is emerging as a popular vehicle for cash-strapped not-for-profit organisations to raise much needed funds.

The state government has announced it is seeking a development partner for a major part of its landholding at Alkimos, 40 kilometres north of Perth.

Perth has recorded the biggest fall in house prices over the past year as latest figures from the Australian Bureu of Statistics confirm a slowdown in the national housing market.

The Western Australian housing market is tipped to bottom out this December quarter as new homes sales during September jumped 19.5 per cent, however Perth remains the worst performer in property values.

THE buoyant economic conditions that prompted the recent wave of new retail developments in the Perth CBD are starting to turn, and while inquiries from retailers remain strong, a downturn in retail spending may dampen demand.

SUBIACO-BASED property syndicator Australasian Property Investments Pty Ltd has released the plans for its $150 million Subi Centro development on the former site of refrigeration company, Arcus Australia.

OUTDATED regulatory and pricing arrangements in Western Australia's aged care industry is threatening the vulnerable sector, with industry groups warning that an ageing population will exacerbate the state's already strained health resources.