Property

THERE is strong speculation that another ownership change at Allendale Square is close at hand, less than six months after Cape Bouvard Investments bought half of the building for $45 million.

A RULING by Liquor Licensing director Hugh Highman has stymied plans for an indoor and outdoor bar area within the Old Swan Brewery development.

THE growing public awareness of environmental issues has led to the emergence of a type of property investor … those who are passing over trendy inner city apartments and townhouses in search of something greener.

OPTIMISM appears to be returning to the inner city apartment scene with the level of inquires in the $500,000-plus market increasing during the past month.

IN the biggest CBD property sale of the year, Ralph Sarich of Cape Bouvard Investments has snapped up two prime Perth commercial properties for $81 million.

Blackburne Properties Pty Ltd will still have a role in the $700 million redevelopment of Burswood’s 19.1ha Swan site despite Mirvac’s merger with local competitor, the Fini Group, to form Mirvac/Fini.

MALAGA, the industrial jewel in the Swan City Council’s crown, is fast becoming one of Perth’s major industrial areas.

A MINISTRY of Housing forecasting group has tipped WA dwelling commencements will fall 30 per cent in the coming year before recovering some ground in the following year.In the first six-monthly report into the future of the housing industry, the Housin

ONE developer synonymous with the surge in inner city living from the beginning is the Fini Group.

THE value of Perth’s CBD retail properties have been affected by the boost in inner city living, says Stanton Hillier Parker leasing manager, Conray Passaris.

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.