Property

The State Administrative Tribunal has ruled in favour of a plan to demolish buildings still standing on a section of land purchased for $59 million in 2015.

A syndicate of owners including Alannah MacTiernan sold the building to Hesperia director Judd Dyer for $2.15 million.

Bentley-based developer Stati Group is moving on a $35 million plan to build a major race track in Perth’s south-east capable of hosting international rally events and the Red Bull Air Race.

The multinational developer, which exited its $1 billion Waterbank project in Perth this year, has announced a $99 million loss at its full year results.

A Fremantle-based architect is willing to take on regulatory hurdles to create sustainable living spaces.

Industry leaders are forecasting a return to equilibrium for WA, as population growth continues and the pipeline of supply gets built out.

The international architecture firm has added to its team of Perth principals by adding Ian Png from its Shanghai firm.

The team behind the Busselton Jetty expansion has chosen South West company Perkins as the preferred builder for the $26 million project.

The developer has delivered Australia’s first two-storey nine-plus star NatHERS rated home at its Brabham estate.

A platform suspended about seven-storeys high has reportedly tilted two floors, causing the construction site at One Subiaco to be closed off.

Strong leasing activity in the industrial space was linked to its 41.9 per cent profit increase.

Private company Heytesbury has cleared its first hurdle in an $8.5 million plan to modernise and expand the heritage-listed Margaret River Hotel, receiving the backing of the local council.

The Town of Victoria Park council has backed Mirvac's bid to increase the height limit placed on one of its Burswood peninsula lots by 29 storeys.

Apartment developers are facing increasing costs amid tightening margins and constrained supply.

A redesign of the Karrinyup West apartments did little to sway Stirling councillors who stood firm in their opposition to the $390 million development.

A 1,000-person venue in Forrestdale’s Business Park is expected to open by mid-2024, after a deal was struck between a local developer and Limestone Coast Brewing.

A workforce accommodation has been approved to address the shortage of housing in City of Kalgoorlie-Boulder despite the council’s request for more time.

Veteran Perth promoter Brad Mellen has launched legal action against No Birds boss Dirk Kluck for allegedly failing to make good on an $8.2 million Cottesloe property deal.

Recent data shows Perth CBD retail vacancy rates remain the highest in the country, but upcoming projects might assist in its market recovery.

Nutrition Systems chief Danny Pavlovich has bought three buildings on Wittenoom Street in East Perth for $1.9 million, where a development did not come to fruition.

The Southern River asset, anchored by Dan Murphy’s, forms part of Westbridge’s Diversified Fund No. 4.

The biggest local fund managers developed their reputations decades ago.

A first look at a $30 million hotel development at Albany's Middleton Beach has been unveiled, showing a 66-suite facility and public amenities.

Luxury developer Edge Visionary Living hopes to start construction on its proposed Broadway apartment complex in mid-2023.

A shortlist of community housing providers to manage the proposed build-to-rent development at the abandoned Stirling Towers site in Highgate has been announced.

Industry groups are calling on Roger Cook to support increased energy efficiency requirements for new homes, as part of proposed changes to the National Construction Code.

Finbar Group’s proposal for a 19-storey riverside apartment building is out for public comment as the East Perth-based developer continues its expansion in the Rivervale area.

A plan to revitalise Gloucester Park with a 4,000-spectator capacity theatre space, racetrack renovation and hospitality precinct is on the cards if a land sale to Hesperia is approved.

Perth’s occupancy levels are at their highest percentage since November 2021, Property Council data shows.

The federal government’s $200 million Bullsbrook quarantine hub could be used to house overseas workers migrating to WA under a plan being mulled by the state government.

Real estate fund manager Centuria Capital Group has posted a $292.6 per cent rise in revenue and 63 per cent profit uplift on the back of strong acquisition activity during the 2021-22 financial year.

The state’s administrative tribunal has overruled the City of Nedlands to approve a multi-million dollar residential development that stalled after the council failed to make a decision.