Property

Commercial construction companies are discerning about the projects they take on, as the pipeline of work in WA looks strong.

Andrew and Nicola Forrest’s Fiveight will reconsider its options over the Indiana Teahouse redevelopment after Cottesloe council opposed the proposal.

The industrial building has changed hands for the first time in three decades.

Aveling Homes’ Michael Aveling has purchased the 4,028sqm site for $1.03 million.

The developer’s $200 million Claremont Oval project is in doubt, after the project owner was placed into administration and the lender repossessed the site.

Westbridge Funds Management sold the Baile Road property for $12.3 million.

Hesperia is set to build a twin-tower development to provide affordable housing within the Murdoch Health and Knowledge precinct.

BGC Australia has disclosed a flurry of changes to its board and senior executive team including Andrew Buckeridge stepping down as a non-executive director.

The Margaret River distillery has changed hands for $5.5 million, with an Albany born NSW investor making the purchase.

Australian Development Capital has lodged a proposal to build a multi-million-dollar medical centre on the last undeveloped lot in the Claremont on the Park precinct.

The Malaysian-backed developer has entered the build-to-rent market and is pairing with a UniLodge subsidiary on a $130 million project in Cockburn Central.

Town planner Jane Bennett has added another position to her list of government roles, having joined the state’s environmental watchdog.

Perth architecture practice Cameron Chisholm Nicol reflects on 140 years of continuous practice.

Housing and rental affordability in Western Australia has declined in the recent quarter, recent data from Real Estate Institute of Australia shows.

The engineering consultant, acquired by WSP last year, is moving into QV1 from St Martins Centre, as its owners prepare to redevelop the asset.

Roger Cook says he will consult industry on where development should be best placed, as the government expands its program to unlock land for housing.

The Australian Marine Complex building sold to engineering consultant AME, following its divestment of a nearby property.

Home prices in Perth, Brisbane and Adelaide are growing much faster than in cities such as Melbourne and Hobart and the latest data indicates those trends could stick around for some time yet.

The global fund manager has made the call amid a strong retail market.

A development panel has remained unconvinced of a multi-million-dollar plan to build a two-storey tavern, brewery and short-stay accommodation in Port Kennedy.

The grandson of Alan Bond is set to acquire the Fremantle icon and adjacent carpark for $116.5m from Centuria, with plans to revitalise the asset.

The Supreme Court of Western Australia has retrospectively allowed Diploma Construction liquidators to enter a deed of settlement, to avoid a pile up of legal costs.

The syndicator has sold four development sites to three separate buyers adjacent to a proposed business park for $3.47 million.

A development assessment panel was unable to decide on a $31.5 million apartment plan in Nedlands, despite holding a meeting that spanned for more than three hours.

The property giant has added to its stable of regional accommodation assets, with the $6.45m purchase of Newman’s Seasons Hotel from Ascot Capital.

The second stage of Bob Hawke College is among the 16 award winners and commendations in this year’s WA architecture awards.

The Subiaco-based syndicator has purchased two medical centres from Centuria.

The state’s land developer has purchased a 4.63-hectare site in the Australian Marine Complex from engineering company AME.

Stockland has lodged its proposal to build an independent living complex comprising more than 150 dwellings north of Perth, at an estimated cost of $75 million.

International coffee chain Starbucks continues its expansion in Western Australia after a development panel gave another location the green light.

The state’s peak planning body will go through a reform next month, with new members to be appointed but the size of the panel reduced.

The Australian Bureau of Statistics found dwelling approvals in April fell by 0.9 per cent in Western Australia, against a 0.6 per cent slump nationally.