Property

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,

As shops across WA begin to reopen as social distancing restrictions ease, retail property owners are starting to reflect on the health of their assets.

Western Australia-based Mair Property Funds has bought a West Perth property and an office in Victoria, for $10.6 million and $13.9 million respectively.

The Housing Industry Forecast Group (HIFG) has downgraded its estimate on the number of dwellings to be built in Western Australia for the current financial year, with the updated figure almost 20 per cent lower than FY19.

International border closures could crack the foundations of WA’s student accommodation sector, but operators remain optimistic as projects progress.

The number of homes being built in Western Australia has fallen by 25.2 per cent since coronavirus-related restrictions were implemented in late March, according to Housing Industry Association (WA), which has predicted the state will be the first to experience a homebuilding downturn.

Stirling Capital’s Cirque Mount Pleasant and Armadale Fitness and Aquatic Centre by the City of Armadale were recognised at today’s UDIA National Awards for Excellence 2020.

Activate Perth chair and mayoral hopeful Di Bain has penned an open letter to the state government lobbying it to spend up to $130 million raised through Perth CBD’s parking levy as stimulus for the city’s commercial tenants.

Tian An Australia says it’s committed to progressing its 300-berth marina after the Shire of Murray knocked back its proposal late last month, with the developer claiming the Shire has taken “unorthodox action” in regards to a planning amendment.

Perth-founded property group Pindan has added to its growing presence on the east coast with two design and construct contracts in NSW.

Major commercial construction jobs have been derailed by the novel coronavirus crisis, with neither the public nor the private sector stepping up to provide certainty for contractors.