Property

A popular development option in other parts of the country, built-form estates are starting to compete with traditional house and land packages in Western Australia, as Tracey Cook reports.

PROFESSIONAL indemnity insurance has become one of the most expensive forms of cover in the past two years and a major overhead for business.

THE sudden departure of long-serving Real Estate Institute of WA chief executive Michael Griffiths has sparked a call for a special general meeting of the institute and an explana

AFTER 17 years in the real estate game, most of it selling and leasing homes to overseas business executives and retired couples, a Perth businesswoman is taking a novel approach to business integration.

Amid the continuing heritage debate, recently appointed Heritage Council chairperson Patric de Villiers talks to Tracey Cook and outlines his position on the contro

GANDEL Retail Management is not alone in its wait for a final outcome to its appeal to the Town Planning Tribunal.

AN Australian Bureau of Statistics report on Western Australian Statistical Indicators has forecast continuing strength in the housing sector and revealed the under

THE City of Swan has given the go-ahead to Gandel Retail Management’s proposed $100 million redevelopment of the Midland Gate Shopping Centre.

WESTERN Australia’s peak property industry group, the Real Estate Institute of WA, expects the State’s real estate market to continue its solid growth throughout 2004 in response to WA’s strengthening economy.

PERTH’S universities are capitalising on their sizeable land holdings in an effort to remain viable in the increasingly competitive world of tertiary eduction.

THE State Government has provided conditional agreement to purchase failed retirement village project, Shenton Village, out of receivership.

MANDURAH housing estate, Port Bouvard, recently released the first stage of its new multi-million dollar luxury housing development.

HOME loan affordability in Western Australia fell by 0.5 per cent for the September 2003 quarter, according to the AMP Banking/REIA Home Loan Affordability Report.

FORCED to wait up to three months for bricks from Perth’s main brick producers, builders are turning to a brick company in the State’s Mid-West to plug some holes in the failing supply chain.

While 2003 may have lacked the wheeling and dealing of previous years, it was a year of consolidation in many market sectors, as Tracey Cook reports.

THE master plan for what’s claimed to be one of Australia’s largest industrial redevelopment projects was released for public comment last week.

Design is an important component in the success or otherwise of a retail outlet, as Tracey Cook reports.

COMMERCIAL leasing agents are expecting a positive start to the New Year after what has been a patchy and lacklustre performance for most of 2003.

IN a first for Western Australia, the Supreme Court has awarded damages to a plaintiff adversely affected by the creation of a local government’s heritage policy.

PERTH land developer Peet & Co has signed a joint venture agreement with the State Government to develop Western Australia’s first purpose-built suburban transit village.

THE escalation in land prices, reduced availability of indemnity insurance, and regulatory delays at State and local government levels are the major factors behind increasing costs

THE ‘green’ or environmentally sustainable tag has moved beyond a fad in the commercial property industry, with many players now recognising that savvy use of the green badge is beneficial to both business and the environment.

PROPERTY investors have responded positively to Condor Project’s apartment project, Condor Tower, located at 22 St Georges Terrace.

ACTIVITY in the building industry remains strong despite the sector encountering problems associated with long periods of heightened building activity.

THE make-up of Western Australia’s retail market swung towards the independent retail chains last week when Coles Myer agreed to sell five of its Newmart stores to Foodland Associated Limited.

PERTH businessmen Michael Hodgson is investing in significant property developments that include building a new tavern and bottle shop, the acquisition and refurbishment of the Riverton Gardens Hotel and a possible retail development.

RETAIL remains the best performing asset class in Australia and Western Australia is leading the way, according to a recent CB Richard Ellis report.

LAST week’s rise in official interest rates and signs of a slowing housing sector are likely to bring the cost of building a home and the associated taxes into greater focus.

ADJOINING landowners to the Emu Brewery site are concerned that Norm Carey’s Westpoint Group’s ambitious proposal for a 960-apartment development on the site will undermine the value of surrounding buildings and landholdings.

PROPERTY developers are remaining up-beat about the future residential market despite forecasts of a slow down in the sector.

THE recent announcement by Clough Limited of its plans to consolidate its operations and search for 12,000 square metres of office space is heartening news for Perth’s commercial property development sector.

THE shortage of homes for sale experienced during the past year appears to be easing, according to the Real Estate Institute of WA.