Property

The ASX-listed brick manufacturer is considering leaving the state as it posts a loss on its WA operations.

Ms Walker is leaving Mirvac Group to join the Andrew and Nicola Forrest run property company in July, while current Fiveight head John Meredith will step into a head of investment role.

Vacant land earmarked for a Scarborough skyscraper has become an eyesore after a multi-million-dollar project by Chinese developer 3 Oceans Property continues to stall.

The real estate group has added four new recruits to its WA industrial arm.

Western Australia’s housing affordability has dropped marginally while remaining among the most affordable states or territories to buy and rent.

A $185 million proposal to build an apartment complex at the former Ford Motors and Matilda Bay brewery site in North Fremantle has been unanimously rejected by a state development panel.

Documents offer an inside look at the demise of Firm Construction, in the latest instalment of a Business News series.

The Mustera Property Group development received unanimous support at a joint development assessment panel.

The 227-hectare Kalgan property sold to cattle farmers Wayne and Mandy Tapscott.

One of the owners of a Jutland Parade lot, who was entangled in a dispute over an unlevelled verge, is suing a City of Nedlands councillor for defamation.

GDI Property Group’s longstanding chief executive Steven Gillard has stepped down from leading the company.

The city’s industrial rents have grown by 41 per cent in 2022, the fastest growth nationally, new research shows.

Land developers are confident about the road ahead despite facing challenges on several fronts.

Exal Group is seeking a two-year extension to start building its Waterford student accommodation after the collapse of FIRM Construction and costs escalation.

A state development panel has made a 180-degree turn to approve a $140 million office tower proposal in Burswood that had been knocked back multiple times.

The mining group’s staff were informed this week that they are set to move to the ISPT asset by 2025.

Beyond Bank Australia is suing the CCC, and a couple accused of swindling $5 million from Fremantle Ports, over its rights to sell a property frozen as part of the investigation.

Former property owners claimed the Western Australian Planning Commission owed them millions of dollars in compensation over land taken to facilitate a Metronet railway line.

Property developers are increasingly relying on non-bank finance to fund their projects.

The owners of 108 St Georges Terrace are keen to reposition the asset.

A 21-storey commercial tower, estimated to cost $137 million, in the Perth City Link area has been approved by DevelopmentWA.

The property giant is seeking to develop its remaining lots in Elizabeth Quay as its new Chevron building nears occupation.

DevelopmentWA has ended negotiations with Andrew Forrest’s private company on the redevelopment of East Perth Power Station.

UDIA stands by its calls for housing stimulus in 2020, saying Premier Mark McGowan should not wear the blame for problems in the industry.

Aged care organisation Hall & Prior has its sights on a 8,586 square metre site in Palmyra to build its $100 million independent living complex.

Mark McGowan and Libby Mettam are at odds over the state of the homebuilding sector and whether a “crisis” was foreseeable.

Gerard O’Brien described leasing structures in the office market as akin to Ponzi schemes and says property development in the current environment is not profitable.

Disability services provider Rocky Bay is planning to move into its Belmont headquarters in 2025, with construction of the proposed hub estimated to cost about $80 million.

Net infill rates for the Perth metropolitan and Peel regions have been going backwards since 2018, new research has shown, amid a pressing housing shortage in the state.

The building housing the wine store has sold to local investors in an off-market deal.

It might seem ambitious for a new business to promise to build homes for 84 customers. But that’s exactly what one salesperson did in a single month in 2020.

A major WA homebuilder has had significant sales caps in place since June 2022, while the state government says it will consult on reform options for the construction industry.