Property

Perron Group has maintained its standing as one of WA’s most profitable private companies despite making substantial write-downs in the value of its expansive property portfolio.

Real estate group Dexus is searching for a new chief executive following the resignation of Darren Steinberg, who will step down from the role next year.

Another high-rise has been confirmed for Perth City Link after a state government authority approved Far East Consortium’s $80 million project.

A development assessment panel has greenlit Fini Group’s application to build a hotel and restaurant in the Margaret River town centre, estimated to cost $8.5 million.

The West Perth developer is looking at revamping the proposal, after pulling out of the $165 million project last year.

Construction for a $40 million apartment project in Subi Centro is expected to start next year after developer ADC_ received approval.

Established Perth builder Simsai Construction Group allegedly owes almost $3.5 million to the tax office which is pursuing legal action to wind up the company.

Developers in Fremantle are working to deliver multi-million-dollar projects, filling the port city’s development pipeline.

The WA-based fund manager will place the $6 million asset within its total return fund.

The liquidator for collapsed interior design company Habitat 1 is pursuing $1.25 million from one of the business’s former directors, Geoff Pritchard, and his wife.

Confident industrial landlords are pushing ahead with new builds without pre-commitments from tenants.

Rebecca Moore will move on after three years in the role, citing personal reasons.

Ian Campbell says WA risks missing the opportunity to be at the forefront of the energy transition, unless its approvals process changes.

The $2.7 million acquisition paves the way for a 22-townhouse project.

Property giant Mirvac has partnered with Pacific Equity Partners to buy land lease provider Serenitas, which has 10 lifestyle villages across WA.

Single homes will be able to be built and modified without the approval of councils under fresh measures introduced as part of the state government’s major planning shake-up.

The homebuilding sector has a strong outlook, but there are still challenges to overcome.

Richard Pappas has stepped up to the helm of the organisation in WA as outgoing state president Col Dutton assumes a national role.

Pan Pacific Perth will undertake a $50 million refurbishment of its more than 400-room luxury hotel and convention spaces on Adelaide Terrace.

Murdoch University has outlined a plan to build a health-related mixed-use development on vacant land neighbouring Hesperia’s latest project near the Murdoch hospital precinct.

A proposal to build a two-storey petrol station and convenience store in East Perth has been deferred after a development panel found the $3 million plan inconsistent with local use.

Rita Saffioti said planning reform was akin to cutting taxes, when drawn on whether the government would abolish the foreign buyer surcharge.

Local investor and business owner Arul Samy bought the 4,538sqm property on a 5.85 per cent yield.

WA-headquartered national building and engineering group says market conditions are improving for the sector.

The Building Services Board has refused to renew a Joondalup-based builder Intellibuild Constructions’ registration over financial concerns.

Perth builder Opus Homes has been ordered to pay more than half a million dollars in compensation to one of its customers over a building services dispute escalated to the State Administrative Tribunal.

The liquidators in control of collapsed builder Modco Residential have warned a return to creditors is “uncertain” as they continue to wind up the failed company.

Owner Nic Trimboli expects more than $30 million for the Perth property, which was developed by a joint venture that included Adrian Fini.

Fletcher Building says the mass failure of plumbing pipes it manufactured are confined to the Perth market and asserted the problem lies with defective installation.

Hesperia is no longer pursuing the redevelopment of the Fremantle Italian Club after opting to not renew a non-binding deal to develop the site with proposed residential and hotel components.

A 30-storey student accommodation project for the site on the corner of Pier and Wellington streets has been revived, to be delivered by Sirona Urban by 2026.

Developers including Paul Blackburne have spoken out about the state’s planning system in light of low housing supply.