Property

Several leading girls’ schools are buying tracts of land in the South West with backing from their foundations.

Apartment developer Finbar Group has forecast a net profit of $11 million for the financial year, which would be a 15 per cent increase from the previous period.

Roger Cook has conceded the state government may have changed tack on infrastructure spend had it had the benefit of hindsight.

Retirement home operator Arcadia Waters has purchased the 194-unit Lattitude Lakelands village for close to $5.5 million.

Rental demand in Perth continue to rise but with vacancy rates plummeting, experts say more investors are needed to increase supply.

Vulcan Engineering bought the 1.5-hectare asset from a Queensland glass and aluminium manufacturer.

WA building companies are learning from the collapse of competitors over the past 12 months.

Hancock Prospecting has paid what is believed to be a record price for the six-storey building currently occupied by Santos.

Border-related labour shortages, government stimulus, persistent supply chain issues and a lengthy construction pipeline have made Perth the most expensive place to build in the country.

A $40 million plan to expand an aged care facility and make use of a vacant prominent street corner in Maylands has been given the green light.

An application has been lodged to increase the height and number of apartments of a development on the Chellingworth Motors site in Nedlands.

Fremantle’s Silverleaf Investments bought the eight-storey building at 186 St Georges Terrace for $16.1 million.

An 11,170-hectare parcel of land that belonged to Texan entrepreneur Joseph Matthews has sold to VIMG for about $40 million.

A former contractor of a failed Pindan entity has been brought out of liquidation to allow the construction company to pursue an insurance payout over alleged building defects.

An attempt to revive a rejected 18-storey office building proposal opposite Crown Towers has failed.

Optic Property will focus on off-the-plan project sales, and area director Luke Parker says there’s a shortage of it in WA.

The redesign of a Spanish Mission-style home in Cottesloe has earned national recognition.

Perth’s median home values defied the national trend to increase by 0.4 per cent to $558,000 in June.

Apartment sales in Perth seem to remain strong as developer Blackburne boasts only three vacant penthouses out of its 236 apartments at its One Subiaco development.

Recent data from Cushman & Wakefield shows demand for Perth’s office space was the highest in the country over the past 18 months.

Adrian Fini and Ben Lisle-led Hesperia is proposing an apartment development for the East Perth site.

A scaled back version of a $22 million development in Dunsborough has been approved after a tribunal ordered a reconsideration.

Sneakers & Jeans Hospitality Group owner Andy Freeman has said businesses like his can’t be sole trailblazers in cultivating a night-time economy in Perth’s CBD.

DevelopmentWA has admitted the development did not work as planned, but is working to rectify the issues.

A $400 million plan to develop an apartment complex at the former Perth Girls School site has been approved by the state government.

The Andrew and Nicola Forrest-led property group is planning a hotel for Fremantle’s historic Spicers building site.

The 2021 census shows that households with a mortgage have doubled in the past 25 years, while those owned outright have grown by 10 per cent.

A development assessment panel has given the green light for the Western Australian division of the Air Force Association to expand its Bull Creek estate with a $26.1 million facility.

The group behind Victoria Park’s Belle Parc residences intend to develop on the site.

Aged care home provider CraigCare is planning to build a $40 million facility on a prominent vacant corner in Maylands.

Members of an arts district in West Perth, including Janet Holmes a Court, are opposing a $25.5 million proposal for a five-storey building in which a hardware store could be a major tenant.

Prominent property developer Gary Dempsey has taken legal action over his proposed oceanfront apartments in Scarborough, claiming the former architects are harboring the concept designs.