Property

Diversification is key to the success of Plus Architecture’s Perth studio.

Developers have taken charge of three Firm Construction apartment projects, while the contractor is off two government projects and has faced more than a dozen recent legal claims from subbies.

The Furnace Road building was on the market for less than a week, selling for $2.37 million.

A development assessment panel has unanimously approved Edge Visionary Living’s $70 million proposal for a nine-storey apartment opposite Steve’s Bar and Café in Nedlands.

The Housing Industry Association says rising interest rates will bring the state’s housing boom to an end, but the impacts are likely to be delayed until mid-2024.

Properties & Pathways has sold off its industrial and logistics portfolio, comprising 120,000sqm of property across three states.

The Dale Alcock-led group has posted a loss for the first time in its 40-year history, citing unprecedented challenges felt by the industry nationwide.

Another high-rise has been proposed for the Scarborough Redevelopment Area, a region already occupied with projects amounting to more than $300 million.

Osborne Park developer Built Form Capital is targeting the local business community to buy into the $20 million development.

The Perth-based property syndicator acquired the $5 million Magnetic Island asset as part of its partnership with global hotel operator Selina.

Edge Visionary Living has been given the green light to build on a site that has been earmarked for development for more than two decades.

WA’s regional housing market has remained buoyant throughout COVID, with a 7.21 per cent year-on-year increase.

The Town of Cottesloe remains opposed to an increase in the height limit of Leonie Baldock's project site to 10 storeys, despite state government’s orders.

The Captain Stirling hotel is slated for a $25 million makeover after Woolworths submitted a revised proposal for the Nedlands site, two years after the original design was lodged.

Master Builders Association of WA says ending fixed price contracts and abolishing six-day work weeks will help address the “profitless boom” experienced by the building sector.

A $311 million expansion to Subiaco’s St John of God Hospital has entered public comment phase on the state’s planning pathway.

Industry experts say rental growth in the industrial sector may stall, as tenants grapple with affordability constraints.

Prominent Western Australian property mogul Allen Caratti is suing his brother John over the sale of farming land in Marvel Loch and Bullfinch.

Melbourne-based Victory Offices has 1,100sqm of co-working space Perth’s Exchange Tower.

Lendlease and Realside are closing in on a $340 million deal to purchase the former Bond Tower from Brookfield.

BGC was the second major residential builder this week to paint a picture of how dire the sector is, posting a big annual loss.

More than 600 hectares of land in North Ellenbrook has recently been assessed as potential future development plans loom for the area.

Northern Star Resources and SRG Global are among the businesses moving into 500 Hay Street, as its developer allays fears about the building's structural integrity.

The Primewest brand may be gone but its three founders are still doing deals.

Property developer Satterley Group is preparing a fresh iteration of its Perth Hills proposal, as its battle to bring the North Stoneville subdivision to life enters its 32nd year.

The pandemic continued to hit the earnings of parking giant Wilson in 2021-22 due to reduced business in key CBDs.

The court has dismissed property developer Luke Saraceni’s appeal against Commonwealth Bank of Australia over the $500 million Raine Square project.

Lovegrove Turf Farm’s founders are selling 15ha of land in Wattle Grove worth more than $20 million, after years of interest from some of the country’s largest developers.

A project proposed on the former Ford Motors and Matilda Bay Brewery site is off to a rocky start with the City of Fremantle’s planning committee opposing the $185 million proposal.

Property mogul Allen Caratti has been ordered to pay more than $1.2 million under a deed of guarantee drawn up 12 years ago.

A group of Perth investors are set to overhaul the old Mirrabooka Tavern site to create a new main street, after months of delays in the approvals process.

Adrian Fini is expected to open a second private members club in the Perth CBD with his son Alessio early next year.