Property

BGC Australia has reached an agreement with the consortium that acquired Midland Brick last year to buy the brand and its manufacturing operations.

A proposal to develop several lots across Leonora Street in Como into an eight-storey development featuring 111 dwellings has been recommended for approval.

It will take a mix of planning, marketing and property redevelopment initiatives to resuscitate Perth’s ailing CBD retail market.

Certain pockets of the retail market have proved their value during the pandemic, and investors are taking notice.

The pandemic has accelerated existing issues and trends facing the retail property sector.

Western Australia is leading the country in new home sales, up 91.1 per cent in the six months to August, according to the Housing Industry Association.

A crowded field for the City of Perth’s lord mayoralty highlighted contrasting visions for the city’s future at this afternoon’s debate.

The state government has committed an additional $30 million to its Building Bonus program, but is yet to respond to industry calls for extending delivery timeframes.

Rental vacancies across Perth’s housing market continue to tighten, with vacancy rates dropping for another month to 1.3 per cent.

Sydney-based operator TFE Hotels has partnered with developer Dradgin to open its first Western Australian Vibe Hotel in Subiaco next month.

In the first of a series on the Perth CBD, Business News investigates how working from home could have a lasting effect on the city’s retail market.

Proposed changes to rental tenancy laws may deliver a win for renters and their pets.

Mirvac has secured Spacecubed and its accelerator program, Plus Eight, as new tenants at Allendale Square on St Georges Terrace.

Engineering services firm SRG Global has announced it will undertake $65 million of work across Perth, Melbourne and Sydney.

Western Australia will extend COVID-19 emergency laws preventing residential and commercial tenants from eviction, despite opposition from industry groups.

Property groups fear today's announcement of timeframe extensions for COVID-19 rent assistance measures could harm further economic recovery.

Housing finance figures released today revealed lending for the construction of a new home across Australia hit the highest level recorded in two years, according to the Housing Industry Association.

John Poynton’s Managex Funds Management has agreed to purchase The Agency Group Australia’s Western Australian rent roll business for $3.6 million.

Western Australia’s civil contractors are feeling the pinch of the government stimulus measures that prompted a surge of new house-and-land sales, with industry calling for timeframe extensions.

The $100 million proposal to commence development on the Port Hedland Spoilbank Marina project has been recommended for approval.

One of WA’s largest construction groups has avoided a dispute over allegedly defective building work after arguing the work was undertaken by an entity in liquidation.

Parcel Property has launched a $50 million apartment development in Mosman Park, the latest proposal for the western suburbs.

The Housing Industry Forecasting Group has estimated dwelling commencements in Western Australia to rise to 17,000 in 2020-21 on the back of government housing stimulus packages.

Construction has started on the new $30 million Brabham Whiteman Edge Shopping Centre, set to feature the state’s first click-and-collect drive-through via a new Coles Online fulfilment centre.

Perth-based developer OP Properties has partnered with energy technology company Power Ledger in plans to create a carbon-neutral apartment complex in Fremantle.

WorkSafe has charged two Perth businesses over the death of a plumber in Mosman Park in 2018.

Southern Cross Care WA’s proposal for a six-storey aged care facility in Jolimont, located within the Parkside Walk precinct, has been given the green light.

Property syndicate Quadrant Investments has secured Sydney Tools as a tenant at its Malaga premises, marking the industrial power tool retailer’s initial foray into Western Australia.

Peter Lee’s passion has shaped his 40-plus-year career in architecture, which has focused on growing the greater fabric of Perth.

Property market analyst CoreLogic recorded a fourth month of decline for Australia’s housing values, but trends are starting to diverge across cities, with Perth’s dwelling values steady.

Subiaco is set for resurgence, but it will take a coordinated approach from landlords, developers and council to take full advantage of its more than $500 million pipeline.

The Agency Group Australia has increased its revenue by 48 per cent to $41.9 million and recorded strong growth, despite being impacted by the COVID-19 downturn.