Property

The federal government has introduced changes to foreign investment in the property market to boost housing supply across the country.

Hesperia has submitted an application for a four-storey development in the Murdoch Health and Knowledge precinct, estimated to cost $68.7 million.

Mark Scherrer, who founded aerospace equipment manufacturer Ferra Engineering, has spent $12.5m on a 769ha of land in Scott River.

Sydney-based private construction company St Hilliers, which has carried out a range of defence related work over several years in Western Australia, has entered voluntary administration.

Devwest Group and Activ Foundation have proposed to build a neighbourhood centre in Maida Vale, estimated to cost $23.5 million.

Pete Adams, who founded Fremantle’s Yolk Property Group, has launched a new property development company.

The State Administrative Tribunal has urged Satterley Property Group and the state's peak planning body to resolve a several-year dispute over the developer's Perth Hills proposal.

The next phase of Golden Group’s $4 billion Belmont Park project is in the works, following approval of its $150 million apartment project in Burswood.

The Adina Hotel on Barrack Street has been flagged for a refurbishment by its new owners, Sydney-based boutique fund manager Serene Capital.

Sentinel has submitted an application to build its fourth project in Subiaco’s Fine China Precinct, a $65 million build-to-rent development of up to six storeys.

The state development panel has cleared the way for construction of a long-awaited hotel on Albany's Middleton Beach foreshore.

CoreLogic has singled out Perth as a strong performer in the housing market, as it clocks up another rise in its home values.

Perth was the only city to see a decrease in its CBD vacancy rate in the last six months, to 14.9 per cent.

The machinery group has purchased 5.2ha of vacant industrial land in Forrestdale from a syndicate that includes the Della Bona family.

The family behind collapsed building firm Diploma Group has emerged as the developer of a seaside apartment complex in Carnarvon, the first in the north-west town.

A proposal to add a swimming pool and pavilion to the late Alan Bond’s Dalkeith mansion has caused planners and lawyers to lock horns at a Nedlands council meeting.

The $3.7 million asset was sold to an eastern states investor.

Transport companies have swooped in on bus depots in Canning Vale and Midvale.

Property industry groups have backed the state government’s raft of planning reforms, including the medium-density code policy, which was reworked after receiving mixed reviews.

The WA government has relaxed planning laws for granny flats in a bid to bolster housing supply.

Property developer Ricky Hirsch’s building company FTD Construction has collapsed following a series of complaints and its registration being stripped last year.

HSBC senior executive Mark Tomasz is set to take the reins as Keystart chief executive, two months after Paul Graham’s resignation from the role.

The city continues to have the highest volume of vacant retail space in Australia, at 21 per cent.

Playing fields will be created on the site once mooted for a $1 billion apartment project, following the state government’s determination that the land was not suitable for development.

A Claremont-based entity has launched legal action against Dale Alcock Homes over allegations of "significant defects" on the construction of an apartment project.

The Subiaco-based developer has bought two lots that were held by the Roche family for several decades.

A development panel has greenlit a $140 million workers village in Broadwood that will add more than 350 dwellings in the City of Kalgoorlie-Boulder.

The Shire of Esperance is the latest council to join a mounting list of regional towns putting their hand out to the WA government to help fund workers housing projects.

Bunnings warehouses landlord BWP Trust has flagged a merger with Newmark Property in a $250 million deal set to create an 84-asset portfolio worth $3.5 billion.

The city’s office occupancy rates have improved, while national vacancy rates are at their highest in close to three decades.

Market conditions have paved the way for more developers to operate in Perth’s student accommodation sector.

The developer behind an approved apartment building in Nedlands has resubmitted the proposal to add extra height and dwellings, taking the estimated cost to $16 million.