Property

Celsius Property Group has added land development to its portfolio, appointing former Satterley Property Group executive Brenton Downing to lead the expansion.

Saracen Properties and Security Capital Australia have announced the development of a $100 million, five-star spa and resort in Margaret River, a boon for the South West region's tourism industry as it pursues a post-pandemic revival.

Retail developer Con Berbatis’ proposal for an $80 million revamp of Kardinya Park shopping centre was approved yesterday, according to the project’s spokesperson.

Property developers and industry groups say the state government’s move to extend the stamp duty rebate is a step in the right direction, but hope further reform will remain on the agenda.

A wave of home-building and renovation work is the goal of a $444 million stimulus package unveiled by the state government as it seeks to pull the state economy out of a coronavirus-induced downturn.

A Western Australian coffee shop and coastal home were among the winners in this year’s Australian Interior Design Awards (AIDA), while Hassell took out top national prize for its design of an Italian restaurant in Melbourne.

The Brighton Hotel in Mandurah has been purchased by a Perth-based syndicate for more than $3 million.

Perth’s interior designers are contemplating how mandatory working from home experiences will shape future workspaces.

The federal government has launched a new $25,000 HomeBuilder grant, to go towards new builds or renovating an existing home, as the state government prepares to announce its own package in coming days.

Western Australia’s property developers hope the physical isolation that has helped mitigate the worst of COVID-19 in this state will also insulate the local apartment market from a contagion of a different kind.

DevelopmentWA has announced plans to expand an industrial estate in Perth’s northern corridor, putting several lots on the market.

BGC Australia has reported a net loss of $107 million on revenue of $974 million in the year to June 2019, as the group continues its major restructure.

Adrian Fini-led FJM Property has unveiled plans to redevelop the Leederville Hotel and laneway into a multi-venue food, drink and entertainment precinct that will link with the new headquarters for Dale Alcock's ABN Group.

Perth is one of five capital cities to record a drop in housing values over May, with Australian data posting its first month-on-month decline since June last year.

Stringent cleaning measures and discounted parking are among the initiatives rolled out to lure workers back to the CBD.

Colliers International has sold a property in the heritage-listed Gledden Building on Hay Street Mall to an overseas buyer for $2.9 million.

A Wanneroo building tenanted by manufacturing company Klen International has sold for $5.2 million, following a private treaty campaign run by Ray White Commercial.

The state’s property market was on the cusp of recovery pre COVID-19 according to CoreLogic, which recorded four consecutive months of Perth dwelling value increases in early 2020 – the longest stretch of capital growth since 2014.

The recent panic buying of essential goods and increase in delivery services could have a lasting impact on Perth’s industrial property sector.

ASX-listed apartment developer Finbar Group has established a new business division, appointing an in-house sales team led by former Knight Frank head of residential Western Australia Neil Kay.

The state government has introduced a package of planning reform measures that include streamlining approvals for 'significant' developments, with the aim to boost economic recovery.

Aged care and retirement living service providers are pushing ahead with property developments, but say COVID-19 could have a lasting impact on the sector.

Australia Post has leased 11,000 square meters across two industrial properties in Perth off the back of increased demand for essential goods, with the deals brokered by JLL.

Revised plans for two new towers at the old Emu Brewery site in Perth have officially been given the green light, following the City of Perth Local Development Assessment Panel’s recommendation for approval by absolute majority last week.

Brookfield Properties has filled its last vacancy at 123 St Georges Terrace welcoming global recruitment firm Robert Walters on a seven-year lease, the deal settling at a time when Perth’s commercial market faces some uncertainty.

The state government has announced it will bring forward $150 million in social housing investment as stimulus during post-pandemic economic recovery.

New design guidelines and refined zoning could improve the rollout of medium density housing in established urban areas.

What will new housing developments look like in the future.

Perth is consistently ranked as one of the world’s most liveable cities, but what will happen as the population approaches 3.5 million?

BGC Australia has taken its second major step to consolidate its residential businesses, announcing the merger of the BGC Housing Group and Ventura Home Group.

Architects are hoping the government will consider a series of targeted initiatives to stimulate the economy as attention shifts to COVID-19 recovery plans.

An expected pick-up in commercial construction activity in Western Australia has been wiped out by COVID-19 restrictions, with Master Builders Association now tipping a small decline over the next two years. The outlook is worse at a national level,