Property

The Accor Hotel Group is continuing its expansion into the Western Australian market with the four-star Sanctuary Golf Resort in Bunbury joining Accor’s All Seasons brand.

In its first year after listing on the Australian Stock Exchange, Western Australian-based developer Peet & Company has announced a profit of $31.6 million for the year to June 30.

With Perth’s CBD office vacancy rates approaching a record low it is little wonder that near inner-city office space has started coming onto the market.

The state’s continued high level of building has meant some builders are adopting unfair and potentially illegal practices, according to the Builders’ Registration Board.

Perth office users are squeezing the most out of their tenancies in a contracting office-leasing market, decreasing the average amount of space used per employee.

A shift in focus to resort-style developments was a major factor behind the decision to sell the Acacia Hotel in Robinson Avenue, Northbridge, announced last week.

Pro Property has become the first Western Australian representative of the world’s eight largest franchise company, global real estate firm Coldwell Banker.

Western Australia’s property sector continues to outperform those of other states, boosted by the state’s continuing strong economic growth.

Developers in Western Australia have been warned that a High Court decision late last year, which calls into question the status of planning approvals as a right that attaches to land, has the potential to affect development approvals.

State Cabinet has endorsed a revised $27.8 million development proposal for Albany’s Princess Royal Harbour.

Economic and industry forecaster BIS Shrapnel has released its annual report on building in Australia, with the outlook for Western Australia showing a strong increase in commercial building and a steadying for residential building.

The buoyant state of Perth’s leasing market may be good news for building owners and developers, but tenants are being warned of a shortage of space and increasing rents as vacancy rates continue to drop

The Master Builders Association of WA has established a Construction Council to deal with issues affecting the building industry’s commercial sector

Property analysts are predicting a significant rise in Perth’s residential apartment prices as supply falls on the back of rising construction costs and a subsequent reluctance on behalf of developers to build.

A busy Subiaco intersection is reaping the benefits of an increasingly tight CBD office market, which is driving smaller businesses into suburban locations and encouraging them to become owner-occupiers.

The Property Council of Australia’s Western Australian chapter has raised concerns with the State Government regarding overcrowding in the city office market.

The 106-year-old Royal Kings Park Tennis Club, which faced closure only a few years ago, will undergo a $16 million refurbishment.

Developer Luke Saraceni is preparing to lodge a development approval for Raine Square, the latest addition in the race to get a new office building out of the ground in the CBD.

One of the founders of the Ray White franchise in Western Australia, Spiro Mallis, is leaving the franchise and setting up his own boutique agency, Mallison Partners.

The Perth residential property market is experiencing stock shortages, according to The Real Estate Institute of Western Australia (REIWA) research.

Celebrating their 74th year in 2005, the WA Chapter Architecture Awards provide an annual showcase for the skills of Western Australian members of the Royal Australian Institute of Architects (RAIA). See Special Reports for related articles.

Jurien Bay, like most major near-Perth coastal centres, has a French connection.

Long-time Perth broadacre developer Ardross Estates Pty Ltd plans to transform the crayfishing port of Jurien Bay into one of Western Australia’s premier nature-based tourism venues.

The vision for the Luke Saraceni-driven Vasse Newtown first surfaced as a futuristic educational, scientific and research-based settlement nearly a decade ago, as the brainchild of Perth entrepreneur Leon Ivory and farmer and property developer, Kim Slaty

The marketing of Vasse Newtown, 15 kilometres south-west of Busselton, has been a remunerative and invigorating experience for Geoff Hanson of Subiaco-based Hanson Property Marketing and Management.

The magnetic pull of the Indian Ocean and Perth’s metropolitan beaches have had a noticeable effect on property owners’ pockets and bank balances.

Oceanfront Rockingham Beach Road is to become the venue of a new luxury apartment strip offering high-rise ocean views of Garden and Rottnest islands.

High-density residential approvals in Perth have fallen by more than 60 per cent during the past two quarters.

Perth’s ‘great divide’ is still a long way from being straddled.

As the only architect in Western Australia with professional indemnity insurance to cover work on sites with fuel related activities and fuel storage and dispensing installations, Brian Wright has carved a niche in the market

The State Government is undoubtedly leading the charge when it comes to sustainability, insisting that any commercial building it is considering tenanting have at least a three and a half green star rating