Property

The retail vacancy rate in Perth CBD has slightly dipped in the first half of 2024 but remained the highest among Australian capital cities.

Nicheliving has convinced a judge to stay a decision not to renew its builder's registration, after appealing to the State Administrative Tribunal.

Perth has recorded the strongest growth in luxury residential property prices in the country, recent Knight Frank research shows.

The Perth home builder's legal move is additional to a class action against pipe manufacturer Iplex and comes after it spent $18 million repairing damaged properties.

Property developers have eight weeks to lodge their submissions to government on which land should be unlocked for housing.

The property fund giant has grown its assets under management back to $21.1 billion and reported a 3.5 per cent drop in net profit after tax.

Peet chairman Tony Lennon plans to retire later this year, bringing an end to one of the longest periods any individual has led a major listed company.

Occupancy at workforce accommodation camps in Karratha is languishing despite a strong pipeline of resources projects in the region

Nicheliving's residential building arm signed four years' worth of work in a two-year period, the State Administrative Tribunal was told, as its debts total $76 million.

The property fund has reported a $222 million loss in its full-year results, but its share price has lifted.

Schaffer Corporation has reported a doubling in annual profit to $27.1 million, helped by a big revaluation of its large Jandakot industrial property.

The shopping centre giant has reported a $255 million profit increase for the first six months of the year.

BGC director Julian Ambrose is purchasing the commercial building division, via a share sale.

Property developer Cedar Woods has posted a $40.5 million net profit, a result far exceeding its guidance range and a 28 per cent uptick on the previous year.

Private investors have bought a Bulwer Street property for $2.51 million.

The 50 per cent acquisition will make the family office a full owner of the retail centre.

Burgess Rawson WA's Luke Randazzo has become an equity partner after starting as a trainee in 2016.

New research has found that offices outside of the CBD are thriving as people shift their working patterns.

The shopping centre giant has acquired a 50 per cent stake in Lakeside Joondalup for $420 million.

There's been a rapid evolution of sustainability initiatives during the past two decades.

Westoz chair Jay Hughes has purchased the Subiaco office building for $2.4 million.

The number of apartments reaching completion in 2024 will be up on previous years, but concerns remain for future supply.

The embattled builder is looking to offload nine properties across Perth, under various stages of development.

The co-founder of town planning firm Hatch says government should shift its focus away from Metronet and towards mid-tier transport.

Supply chain disruptions and price escalations were factors contributing to the collapse of builder Collier Homes, whose director had injected substantial personal funds into the business.

The Tony Poli-led developer is planning an $8.5 million shopping centre in the southern suburb.

Backers of a $120 million Karratha hotel have won planning approval after the City of Karratha's bid to have the project redefined as a workforce camp was scuppered.

The property fund released the results of its office REIT today, showing a $168.75 million loss.

Commercial property finance broker Stamford Capital has opened an office in Perth, officially marking its presence in the WA market.

WA's Westbridge Funds Management has divested one of its industrial assets in Victoria, pocketing $30 million from the transaction.

Embroiled home builder Nicheliving's tax bill has surpassed $7 million, the tribunal was told, with lawyers set to meet again next week.

The developer's plan to demolish several dilapidated shop fronts in Subiaco has been rejected by planning authorities, eight months on from its deferral.