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.
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.
Former IMP Automation Group managing director Boyne Hohenstein has had a win in the State Administrative Tribunal after a planning decision was overturned.
Another planning policy to boost infill in the housing market has been introduced with the state government set to implement quality controls for medium density developments.
Developers will face even fewer hurdles when seeking approval for multi-million dollar builds as a result of the state government's latest overhaul of planning laws.
West Perth-based Cedar Woods Properties has reported a decline in both presales and revenue in its half-year results, but is still expecting a strong end to the year.
Andrew and Nicola Forrest-led Tattarang has acquired prime Sydney land for more than $500 million, with plans to construct Australia's first Waldorf Astoria Hotel.
Sydney-based steakhouse 6HEAD has committed to a 10-year lease at Brookfield Properties' One the Esplanade development, being the first hospitality tenant to sign up.
Housing Minister John Carey has doubled down on his call for industry to provide more affordable housing, as the state's housing supply shortage worsens.
Australian Unity has bought two childcare centres for a combined $13.5 million, including one of the single largest childcare centre transactions in the state.
Andrew Forrest's private company is expected to proceed with the redevelopment of the East Perth Power Station, after Kerry Stokes' Australian Capital Equity backed out.
A proposed apartment complex at the former Ford Motors and Matilda Bay brewery site has been revised after a panel was unable to decide on its fate last year.
As many as 300 Western Australians could fall behind on mortgage payments for each 25 basis point rise in interest rates. Click through for Perth's mortgage map.