With decent supply of new office space in Perth’s CBD at least two years away and rents continuing to escalate, some companies are starting to sub-lease non-essential space to take advantage of strong market conditions.
Retail property owners and developers may be keen to build new shopping centres and expand existing assets amid WA's booming population and prosperity, but they face a number of planning challenges at a state and local level to achieve their goals.
US-based Wyndham Vacation Resorts Asia Pacific has acquired the Broadwater Resort & Spa, Dunsborough, for a price in line with the site's $12.3 million book value, vendor West Perth-based Westralia Property Trust Ltd has announced.
The recently-retired managing director of iron ore hopeful Grange Resources Ltd, Geoff Wedlock, has been appointed to the board of Sundance Resources Ltd as a non-executive director, the company has announced.
West Perth-based tungsten-molybdenum miner Thor Mining Plc has signed a native title mining agreement for its Molyhil project in the Northern Territory with the Eastern Arrernte people, the company has announced.
Office vacancy rates in the CBD are continuing to tighten with new figures showing the vacancy rate has fallen to a record low of 0.53 per cent at the end of September, down from 0.7 per cent in July.
West Perth-based Westralia Property Trust Ltd has announced a distribution to unitholders of 9.7 cents per unit for the 2006-07 financial year, as it prepares for a strategic shift into the rural sector.
The $7.3 million sale of the Brass Monkey in Northbridge last week to listed property trust ALE Property Group Ltd is the latest in a series of significant purchases in the hotel sector.
CEDAR Woods Ltd has received simultaneous rezoning approval under local and state planning schemes for the final stages of its Rivergums estate in Baldivis, the first time dual rezoning has occurred f
The City of Perth Heritage Appeal is challenging negative perceptions by launching two innovative programs and pushing the economic case for heritage preservation.
Selling commonwealth land to property developers and using the funds to make housing interest payments tax deductible would be a good political decision for an incoming government, according to Satterley Property Group chief executive Nigel Satterley.
Australia's peak building industry body has reiterated calls for both sides of politics to be mindful of inflationary pressures when considering economic policy.
The Australian Securities and Investments Commission has won Federal Court orders for liquidators to be appointed to Western Retirement Village Management Pty Ltd which planned a facility in Upper Swan.
Planning and Infrastructure Minister Alannah MacTiernan has launched the next phase of public consultation on development proposals for boat harbours in the City of Fremantle, with three plans being drawn up by a Government-sponsored steering committee.
The State Government has acknowledged the existance of native title over more than 29,000 sqkm of Central Desert land in Western Australia's 14th consent determination.
Laurance Cellar's controversial Margaret River sculpture, dubbed the "chick on a stick", will live on after the State Administrative Tribunal ruled against the Shire of Busselton by approving the artwork today.
Hawaiian and the Town of Victoria Park have signed a memorandum of understanding which will see a plan prepared for the redevelopment of the town's centre.
With office space on Perth’s city fringe in high demand, the Herdsman Business Park is experiencing a development boom with six office projects expected to come on-line next year.
Lowering the expectations of first homebuyers is something that has to happen in a climate where the cost of property is climbing, according to AHS Hospitality managing director Stephen Lauder.
AFTER 13 years managing the portfolio of Ventura Homes as group construction manager, builder David Russell has joined Perth newcomer, Frasers Property, as construction director.
The next wave of office developments in West Perth is about to begin, with the City of Perth dealing with a number of new development and building applications.
It may have made its name selling haberdashery and bolts of chiffon, but big box-style retailer Spotlight is moving on by diversifying into home decor and party supplies, investing more than $10 million in the Western Australian market.
Arguably the centre of Perth’s emerging arts scene in the 1960s and synonymous with bohemian parties, the striking 33 Broadway building in Nedlands is undergoing its latest evolution as a creative space.
Woolworths subsidiary, Dan Murphy’s, is almost ready to open its first large-format discount outlet in Western Australia on Culloton Crescent, Westminster, after looking for an entry point into the state’s liquor retailing scene for several years.
The State Government has approved the Greater Bunbury Regional Scheme, providing a plan for land use in the area, after a long process including consultation with the local governments of Bunbury, Capel, Harvey and Dardanup.
Belmot-based Ferrowest Ltd will work with the Geraldton Port Authority in planning for the receipt, storage, loading and dispatch of merchant pig iron at its planned Yalgoo Iron Project, the company has announced.
Perth's housing market is staging a modest recovery with the median house price reaching $460,000 in the September quarter and tipped to keep rising until the New Year according to the Real Estate Institute of Western Australia.
