Property

The federal coalition has rejected the preferred industrial relations policy of its leader Brendan Nelson and his deputy Julie Bishop, deciding instead that it will not oppose legislation dismantling the Howard government's workplace laws.

Premier Alan Carpenter has identified nine items of government legislation he expected the upper house of state parliament to pass in the next fortnight.

Western Australia's industrial land supply is set for a further boost following the start of site works on stage two of the Avon Industrial Park near Northam.

Preliminary data by the Real Estate Institute of Western Australia suggests Perth's housing market was flat-lining in the December Quarter of 2007, with no movement either up or down for the last three months of last year.

The Property Council of Australia has called on the state government to engage property owners, developers and financiers in the early stages of its $360 million Perth Waterfront redevelopment, by establishing a development authority to steer the project.

Proponents of the expansion of Kemerton’s heavy industry precinct expect it will take 18 months to complete a strategic plan for the area to define its long-term usage.

DIVERSIFIED property player Aspen Group Ltd says its conservative debt position has placed it in a ‘sound position’, despite the volatility and uncertainty prevailing in the listed property sector.

Finbar Group Ltd has received development approval for its seven-storey mixed office and residential development in Victoria Park, and is close to signing an anchor tenant.

The Perth CBD retail property market remains strong with rents up in the December quarter on the previous year, according to research from CB Richard Ellis

Macquarie Bank Ltd has received approval to build a $100 million office park in East Victoria Park, which will include some residential development.

Plans for an eight-storey office building near Jacob’s Ladder in West Perth have been put on hold while the City of Perth’s planning committee reconsiders a development application for the site.

PERTH’S northern suburbs are tipped to provide some good opportunities for investors and owner occupiers, as more properties come onto the market and sellers become more willing to negotiate, accordin

Half-year results from Mirvac Group, the Sydney-based property empire run by former Western Australian Greg Paramor, reveal expected future revenues of almost $2.1 billion to be derived from this state, which represents more than a quarter of its resident

WHILE the WA Business News Innovation forum in the January 17 edition provided some interesting debate, opinions expressed in the article ‘Pathway to commercialisation’ on university research commerci

IKEA has completed its purpose-built store on Ellen Stirling Boulevard in Innaloo, four years after the decision was made to relocate

Reducing the environmental footprint of Perth’s new and existing office stock has become a major commitment for landlords, developers, architects and tenants alike; and now interior designers are finding themselves part of the equation.

A new hotel is the likely candidate for a site next to Perth Arena indoor stadium which the state government today committed to redevelop at a cost of $9 million.

Premier Alan Carpenter has today committed the state government to nearly $400 million in new infrastructure, including a Dubai-esque redevelopment of the Mounts Bay foreshore on the edge of Perth.

Coventry eyes failed rival; Woodside eyes two Pluto pipes; Good or bad, investors get ugly; Miner's Shougang showdown tipped tomorrow;'Very good thing' Mirvac tarred with sub-prime brush

Engineering and property management firm United Group Ltd has booked a 45.7 per cent rise in first half profit and maintained its annual earnings guidance as recent US acquisitions boosted revenue to a record high.

Real estate agents and property managers are urging prospective tenants to be patient as the annual rental crush resurfaces in Perth.

Housing and works minister Michelle Roberts was in Albany today to release an afforable housing project at Mt Lockyer, and to open the first major park and sales office at its joint venture Oyster Harbour Development.

The state government has announced plans to amend the Stamp Act, with immediate effect, after Origin Energy successfully challenged a $3 million stamp duty assessment.

The office vacancy rate in Perth’s CBD has reached another record low, falling from 0.7 per cent to 0.5 per cent in January, West Perth has reached a highly improbable milestone – the area is statistically full.

David Jones Ltd has confirmed plans to substantially increase the size of its Claremont store by early 2011 to tap into Perth’s increasingly affluent western suburbs demographic.

Developers looking to build eco-friendly commercial offices may soon receive an incentive in the form of a plot ratio bonus, with the City of Perth set to draft an amendment to its planning laws.

Managed investment scheme project managers are confident investors will support their 2008 capital raising programs, despite uncertainty surrounding the future of non-forestry projects beyond this financial year.

The Augusta-Margaret River Shire has approved a $40 million resort development near Cape Leeuwin, which will include an abalone hatchery.

The former ABC studios on Adelaide Terrace have become the focus of a tussle between aspirant tenant, the WA Symphony Orchestra, and the ABC.

As mine site accommodation moves away from traditional donga camps towards resort-style developments, portable housing providers are becoming more innovative with their use of design and are trialling new models of ownership.

Funds management group Ray White Invest and private property developer Blair Group have acquired the Currambine Marketplace from Woolworths Ltd for more than $50 million with plans to expand the property.

Perth house prices are on the verge of a sustained period of weakening, according to market analysts Australian Property Monitors.