Property

A local hospitality operator has purchased the asset for $4.6 million, via administrators KordaMentha.

The Bankwest Curtin Economics Centre says there should be more incentives for workers in the building and construction industry if WA is to meet it housing targets.

A new report highlights consumer trends in luxury retail, as Fendi backs out of a deal to move to Perth.

The North Beach-based agency has launched as a new independent firm, after it ended its franchise agreement with Realmark in May.

A development assessment panel has approved MSWA's multi-million-dollar proposal to build an assisted living centre near Rockingham, for people living with neurological conditions.

Perth's rental vacancy rates have risen to 1.25 per cent, yet rental conditions remain exceptionally tight.

Realside Property's $107 million purchase of Maddington Central has paved the way for Sirona Urban to transform the site.

The WACA ground heads a list of projects under way, but the precinct needs further progress for its vision to be fulfilled.

Perron Group has sought a four-year extension to start building the $1 billion Cockburn Quarter project, citing “extenuating circumstances” in the market.

Primary health clinics, commercial land, and plans for a potential Good Grocer-style IGA are gathering renewed interest around Broome.

The Australian Competition and Consumer Commission has raised concerns about the proposed $1.3 billion acquisition of a dozen residential projects, including two in Perth.

The $8.5 million development went back to planning authorities after a dispute about car parking.

The business entity controlled by collapsed builder Modco Residential's co-founder has fallen into liquidation.

Financiers are chasing Iris Residential boss Simon Trevisan over $38.7 million they alleged he failed to pay as security for projects in Claremont and Booragoon.

The state government has upped the property price and income limits for its Keystart home loans, a move widely welcomed by industry stakeholders.

After months of fast-rising rents, momentum is starting to tip in favour of tenants as more homes become available.

Construction of a three-storey development in Dalyellup is set to start next year after retirement village provider Bethanie received unanimous council approval for its $32 million plan.

The state has the highest increase in dwelling approvals of any state, as the nation bounces back from decade-low levels of home building.

Duxton Hotel Perth has started on the second stage of a $35 million refurbishment, which will upgrade 30 rooms and several function spaces.

Nicola Brischetto is tackling the industry's challenges head on, following a career in an array of fields.

Hyatt Regency Perth will shed its name for a rebrand after its Singapore-based owner Tuan Sing Holdings signed a deed of termination with the hotel operator.

The capital's house prices continue to grow at the fastest rate nationally, with a 2pc increase in June and 23.6pc rise over the year.

The state government will lead planning over the University of Western Australia and Queen Elizabeth II medical precinct, to accommodate Perth's expected population growth.

Investment consortium Land Services WA has struck a deal with Perth-founded proptech startup Realtime Conveyancer to become a strategic investor in the company.

The ABN Group subsidiary has forecast a 50 per cent increase in lot sales from FY23 to next year.

The High Street property has sold to a local investor for $5 million.

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.