Property

IP Generation has acquired AMP Capital’s half stake in a Rockingham shopping centre for $180 million, with Vicinity Centres retaining the other 50 per cent as co-owner.

The Supreme Court has struck down a move for parties to produce and inspect the ballot papers relating to the WA Trotting Association’s multi-million-dollar Gloucester Park land sale to Hesperia.

A civil construction company boss has bought a Fairway apartment complex previously approved for a 25-unit subdivision.

Estimated costs for Scentre Group’s updated proposal to build the state’s largest shopping centre in Booragoon have escalated by nearly $300 million.

Home values are expected to fall across Australia, with the National Australia Bank expecting a 13 per cent drop in Perth's house prices this year.

The owners of 100 Mill Point Road have mounted another lawsuit over a flood in the building’s car park in 2017, this time pursuing four companies for alleged ‘negligence and nuisance’.

A Queensland-based developer is one step closer to providing much-needed housing in South Hedland, with its $51 million apartment project approved today.

The Property Council’s latest biannual office market report shows a slight drop in Perth’s office vacancy in the six months to January 2023.

The buildings that house The Standard and Japanese restaurant Kobe Teppanyaki have sold for a combined $5.5 million back to their original owners.

Perth architecture firm Fratelle has merged with national urban design practice Rothelowman after a two-year partnership.

The median dwelling value of every capital city in Australia fell during the first month of 2023, however Perth held its own with one of the smallest declines.

A resident has had a win over the Shire of Serpentine-Jarrahdale, more than a year after the local government knocked back an application for a shed.

Institutional giant Centuria has reported a 19 per cent uplift across its releasing deals nationally, and says Perth is showing some of the highest growth.

The Coast Road development sites fetched $2.4 million.

A developer is planning to upsize an already approved apartment block in Leederville, potentially adding four storeys on to a $17 million eight-storey structure.

Silverleaf Investments has continued its pursuit to revamp Fremantle’s Woolstores shopping centre amid construction constraints with a fresh development application approved today.

Adrian Fini is looking to his son Alessio to add a fresh perspective to the city’s landscape.

The Department of Fire and Emergency Services has opposed Saracen Properties' $118 million proposal for a five-star resort in Gnarabup.

State government contracts are impacted after liquidators were appointed to Individual Developments, while another builder, WA Housing Group, has also gone under.

A former client of Vivien Yap has been given one final opportunity to defend himself from a criminal contempt charge after allegedly sending a contentious email to solicitors and politicians.

GDI Property Group's first project in a plan to redevelop its Mill Green complex on St Georges Terrace has been ticked off by a development panel.

Another residential research report has predicted challenging rental market conditions in Perth with low supply and listings recorded in the recent quarter.

Far East Consortium has lodged a 23-storey apartment proposal for the Perth City Link, adding to the multi-billion-dollar investment for the area.

A 1,460 square metre building in Kalgoorlie formerly owned by HBF Health has been sold to a not-for-profit organisation for $3 million.

The City of Subiaco will move into The Colonnade on Hay Street, following its plan to demolish the fire-damaged Rokeby Road office and build a $20 million facility.

Recent data from residential research groups has shown a decline in Perth's rental vacancy rate, with SQM Research reporting the city to have the lowest rate in the country.

The developer has been granted a six-month extension to commence its Olive Street apartment project, almost seven years on from when it was approved.

Rough sleepers will have access to more accommodation options later this year, courtesy of the state government’s $5.1 million purchase of a West Perth hotel.

A former Malaga real estate agent has copped a $2,500 fine and his company fined $4,000, following a spate of unauthorised withdrawals from a trust account.

One of Margaret River’s oldest and most prestigious wine brands, Cape Mentelle, has been sold by its French owner in an estimated $20 million deal with a major Australian retail group.

The property fund paid $15 million for the retail asset, anchored by Coles.

Perth’s rental prices grew by 11 per cent in 2022, reflecting the trend across the country, but rental growth and residential listings slowed in the December quarter.