Property

Sublease space across Perth’s CBD offices increased during the first quarter of 2021, but has had minimal impact on the overall market, according to CBRE’s latest report.

Timber is making a comeback as technology and local capabilities boost its appeal.

Boutique property developer Dragon Century is set to receive the green light to construct a $34 million apartment building on the banks of the Swan River.

The City of Perth’s development assessment authority looks set to approve a $52 million plan to build a new 13-storey hotel on Adelaide Terrace.

Adelaide-based fund manager FRP Capital has added a third Western Australian retail asset to its portfolio for $41 million.

Primewest has announced it has formed a joint venture with a fund advised by BlackRock Real Assets to purchase 140 St Georges Terrace.

The Town of Cottesloe is still not sold on Gary Dempsey Developments’ $22 million beachfront apartment plan, recommending that the proposal be refused for a second time.

New reform promises improved medium-density outcomes, but what key measures will better shape Perth’s urban future?

Truenorth Properties has lodged plans to build a $27.39 million six-storey apartment building in Tuart Hill, a project it hopes to expedite through the state’s new Development Assessment Unit.

A $70 million plan to revamp the site of The Empire Bar could be derailed after the Town of Victoria Park recommended the Joint Development Assessment Panel refuse the proposal.

Industrial and logistics properties continue to top investors’ wish lists, as vacancy within Perth’s industrial property drops by almost a third within 12 months.

Property developers are undeterred by the trend towards working from home, with new plans for a 14-storey office the latest in a series of proposed CBD projects.

Perth city’s London Court is set for a changing of the guard, with the property on the market for the first time in 70 years.

Perth unit sales during the March 2021 quarter reached the highest volume recorded since 2013, according to the latest data from the Real Estate Institute of Western Australia.

DevelopmentWA claims its mission to draw major industry to Avon's Industrial Park has been boosted by growing business confidence in WA.

Primewest has received an off-market takeover bid from fellow property fund manager Centuria Capital, with the combined group to have $15.5 billion in assets.

New home sales were nearly 40 per cent higher in the first three months of the year than during the same period last year.

Green shoots are emerging in the embattled West Perth office market, currently the worst-performing office market in the country by vacancy rate.

ASX-listed Vection Technologies has announced plans to acquire local architectural visualisation company Blank Canvas studios.

Western Australia’s property market has come out on top for having the most positive outlook in the country, but industry says tax reform is needed to underpin growth.

Major construction work is now officially under way as part of a $15 million plan to restore the balconies and verandahs of His Majesty's Theatre.

Australian real estate company Belle Property opened its 143th office nationally, making its debut in Western Australia with an office in Broome.

The Metro-Inner Development Assessment Panel has deferred a decision on an $18 million development in Shenton Park the local government recommended it refuse.

The Real Estate Institute of Western Australia has revised its predictions for house price growth in 2021, forecasting a 15 per cent increase by the end of this year.

The Como Baptist Church has been revealed as the proponent behind a $107 million plan to transform several Como lots into a mixed-use development.

Gary Dempsey Developments has reduced the height of its $22 million beachfront development proposed along Marine Parade in Cottesloe, as part of revised project plans.

The Reserve Bank knows it is fueling cheap finance for home buyers, as property prices surge in cities and the regions, but is not worried about undue risk to financial stability.

Samantha Hall is challenging how the world approaches buildings, prioritising the human experience.

Michael Henderson has announced he will leave Perth-based architects Carabiner (formerly Sandover Pinder) after two decades as executive chair and chief executive.

Federal agencies are weighing up how best to respond to the seemingly irrepressible housing market.

A $107 million plan to transform several Como lots into a 10 to 15-storey mixed-use development has surfaced this week, the latest to be lodged with the state’s new assessment body.

Australian investors have voted Perth as the best capital city market to purchase property, according to Momentum Wealth’s annual survey.