Property

Subiaco-based SRG Global has announced plans to take over West Perth-based rival WBHO Infrastructure as part of a $15.2 million deal following the company's collapse late last month.

The buyer of South Fremantle Power Station remains undisclosed but Synergy says it was not the business which initially approached the government last year.

More details have emerged about the legal battle between Cygnet West and franchisor-turned-rival Colliers, with confirmation the action was prompted by the sale of the Baileys Motel.

A $220 million redevelopment proposed at the Ocean Beach Hotel site in Cottesloe, featuring 200 apartments and a 121-room hotel, has been released for public comment.

In a shock decision, planning authorities have knocked back a $16 million five-storey apartment plan in Dunsborough, despite it receiving the support of local planning officers.

A spat between coastal residents and the decision-making body which approved the Yelo site development has escalated to the Supreme Court, with a trial planned in May.

International developer Far East Consortium has sold four Elizabeth Quay lots in two transactions to local and Hong Kong investors.

Woolworths plans to build a $16 million commercial precinct in Two Rocks at the former home of Alan Bond's Atlantis Marine Park.

Multiplex heir Andrew Roberts' construction company Roberts Co is set to expand its operations after offering to take over most of the Victorian-based assets of its embattled rival Probuild.

Perth's office occupancy rate is 55 per cent of pre-pandemic levels but remains the highest of the Australian cities.

Apartment developers take a risk when they commit to a build, but in some areas the road to construction is rockier than others.

The property fund manager purchased the 23,177 square metre site from Perron Group, with the property leased to a Wesfarmers subsidiary.

The Perth developers are proposing a 60 townhouse $50 million development on the industrial and vacant site.

EMCO Building has secured a contract to build MercyCare's new $30 million aged care facility in Maddington, with construction expected to begin as early as April.

Subcontractors caught in the collapse of WBHO are being advised to assess their insurance policies, while industry premiums could be set to rise amid ongoing insolvencies.

Perth-based SM Venture Capital has unveiled its $54 million mixed-use development in Cockburn, but it is almost half the size initially anticipated.

Western Australia's dwelling approvals have dropped by 20 per cent in January, with the national figure falling 28 per cent.

Cygnet West has mounted a lawsuit against its former investment services manager in a bid to retrieve confidential information it claims is now being used at franchisor-turned-rival Colliers.

About $14 million is owed to Probuild employees, while Main Roads is among those grappling with potential project delays.

The City of Busselton has backed the development of a $16 million, five-storey apartment in the centre of Dunsborough, despite more than 600 residents opposing the plan.

Devwest Group has recommenced construction of an $80 million nine-storey office building and 13-storey residential tower after a seven-year hiatus.

Aged care provider Rosewood will spearhead the development of a new aged care facility in the Perth Hills as part of a contract with the state government.

Growth in Perth's home values have slowed in February, tracking national trends.

WBHO Infrastructure's parent company had pledged continued financial support until at least October 2022, after the subsidiary made a $35 million loss in the 2021 financial year.

Edge Visionary Living will add 1.95 metres to its 224-dwelling, 16-storey Applecross development, despite council opposition.

Builders are struggling to stay afloat amid a sea of cost, labour and supply chain issues.

Adrian Fini has taken to the federal environmental regulator seeking approval to progress his $280 million Smiths Beach plan.

The City of Mandurah has backed Silverleaf Investments' $12 million plan to build a six-storey shopping precinct and apartments on the town's waterfront.

The mix of social and affordable housing received unanimous approval by a joint development assessment panel.

Administrators were appointed to 18 WBHO Australia entities overnight, including West Perth-based WBHO Infrastructure, and Probuild, which could be expected to owe at least $250 million.

The City of Perth has backed the WA Housing Authority's plan to build a $34.5 million apartment tower on Wellington Street, but not everyone is as supportive.

Updated: South African business WBHO has withdrawn financial support for its Australian entity, putting the parent of $4.7 billion construction giant Probuild into administration.