Primewest is diversifying its portfolio into agricultural assets, fresh from announcing it would spin-out five office properties in Perth and Brisbane into a new ASX-listed trust.
Sustainable building practices have moved past being a niche marketing tool to a buyer expectation, according to boutique apartments developer OP Properties.
Property group Mirvac has lifted its interim dividend following a 21 per cent gain in first-half operating profit to $352 million, though the firm's net result slipped.
Subiaco’s fortunes are on an upswing after years plagued by high retail vacancies, high-profile hospitality closures and an uncertain future with the exit of AFL football to the Burswood Peninsula.
A coastal village featuring a hospitality precinct and a new jetty will be the centrepiece of a $425 million housing estate in Port Kennedy, which will be developed over the next decade.
Private companies and not-for-profit businesses play a prominent role in the West Australian economy, with annual revenue at the top 20 exceeding $32 billion, according to data compiled by Business News.
Perth housing values remained flat during January in contrast to most other capital cities, which experienced strong growth in December to finish out 2019 on a positive note, according a report from CoreLogic.
Closing the Perth City Deal, tackling homelessness and antisocial behaviour, and providing opportunities for population growth are expected to be the top challenges for a new chief executive of the City of Perth.
Perth’s embattled CBD retail market is undergoing a bottom-up revival, with strong enquiry from prospective food-and-beverage operators despite a number high-profile chain stores closing their doors.
A series of large-scale residential and commercial projects are expected to get under way in Perth this year with a development pipeline nearing $2 billion in value.
Western Australia recorded the largest new home sales growth over the quarter of any Australian state, as the broader housing market begins to show signs of a recovery.
A court has dismissed a claim of copyright infringement brought by Novus Homes against a homebuyer and a rival builder, ending two-and-a-half years of court proceedings and mediation.
Australians buying homes with at least a seven-star energy rating will be eligible for discounted loans under a new scheme through the federal government's green bank.
Gerard Matera is helping turn positive sentiment around Aboriginal reconciliation in the business community into genuine change through indigenous-owned building company Marawar.
P&N Bank and Bendigo and Adelaide Bank are among 27 lenders, including just two of the big four banks, now eligible to offer mortgages under the federal government’s first home loan deposit scheme, aimed at low and middle income earners.
Fresh data on Perth’s residential property market points to a long-awaited recovery in 2020, with sales activity tracking higher in the second half of 2019 and supply starting to tighten across in-demand suburbs.
The government, community housing providers, not-for-profit sector and property industry are finding new ways to access funding to build new social and affordable housing, but the community housing sector is still looking for additional funds.
Ten years after paying a record WA price of $57.5 million for their Mosman Park property, mining magnate Chris Ellison and his wife Tia Ellison are planning to demolish the existing dwellings and build two new houses.
A former building director and his Mount Hawthorn business, Turquoise Developments, has been fined a total $40,000 in the State Administrative Tribunal for threatening behaviour.
Aged care and retirement living provider Bethanie has acquired Berrington Care Group's Subiaco and Como centres, which it expects to operate early next year. The sale comes five months after Berrington went into administration.
The chair of the Construction Training Fund has resigned 18 months before his term was due to expire, as the state government proceeds with changes to the fund's operation and governance.
Landlords and office tenants are continuing to set new standards for office accommodation, with an interior design-driven focus on amenity, comfort and flexible working arrangements increasingly becoming the norm across the city.
Western Australia’s property sector has welcomed the state government's announcement of a $150 million housing investment package for first home buyers and low income earners.
Global flexible office provider IWG is eyeing new suburban and regional locations in Western Australia, seeking to capitalise on a growing trend of office decentralisation and changing work habits.
Plans have been lodged to build a $100 million hotel, motel and apartments development on the beachfront in Jurien Bay, with a local private developer seeking to establish new levels of amenity for tourists visiting the Coral Coast.
George and Peter Atzemis’ $90 million investment into Accor’s latest Art Series hotel on Hay Street reflects a return in confidence for the once flagging hotel market.
