Property

A revised planning strategy and new developments could set the tone for a renewed Cottesloe beachfront.

One of Perth's top private schools could be in for a windfall gain of tens of millions of dollars if the full potential value of its sporting fields is realised, but it will have to navigate community objection first.

The value of Australian homes has topped $8 trillion; more than the gross domestic product of almost every country on Earth.

Perth’s growing pains continue to cause tensions between residential and industrial development.

A Supreme Court judge has signalled a crackdown on ‘backdoor’ appeals against arbitration rulings, saying they were the last refuge of the desperate and should be met with a punitive costs sanction

Western Australia-based KBH Group has sold a portfolio of self-storage facilities to private equity group Blackstone for $84 million, as the business plans for east coast expansion.

Local developer Con Berbatis has pushed go on the first stage of his $100 million plan to redevelop the Kardinya Park Shopping Centre.

Mates in Construction is providing the industry with the tools to improve wellbeing at work.

Christ Church Grammar School is advancing its plans to acquire state government land near its existing St John’s Wood playing fields, proposing a $20 million expansion project.

PACT Construction has started work on Hesperia’s $65 million Victoria House residential development, located within Montario Quarter.

While Western Australia has recorded solid growth in residential property values in recent months, it’s still yet to catch up to its east coast counterparts.

Western Australia’s peak planning body has given the state government and property giant Pivot Group the green light to build a $30 million office building for parliamentary staff.

Hesperia Property has submitted a proposal to repurpose the Graylands Hospital site for future urban infill development, via the state government’s Market-Led Proposals process.

Qube Property Group has acquired two industrial properties within the Tonkin Highway Industrial Estate in Bayswater for $11.4 million.

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.