News Articles for Ascot Capital

The WA-based syndicator has purchased the Salvation Army headquarters from BuildCorp Commercial.

The acquisition paves the way for a $60 million student accommodation tower on Stirling Highway.

The property giant has added to its stable of regional accommodation assets, with the $6.45m purchase of Newman's Seasons Hotel from Ascot Capital.

Ascot Capital director David van der Walt has bought a 40ha site adjoining Wills Domain.

The City of Nedlands' planning framework has come under fire during a four-hour development assessment panel meeting over a proposed 18-storey apartment on Stirling Highway.

The biggest local fund managers developed their reputations decades ago.

A leading property trio has set eyes to build an 18-storey apartment building valued at $22.8 million on a Nedlands site.

The property fund manager has divested most of its multi-billion-dollar portfolio and plans to rebuild.

WA's Ascot Capital has offloaded most of its industrial property assets, with a recent $681 million deal with Sydney's GPT Group bringing its recent sales to $2.1 billion.

The pandemic and uptick in e-commerce is continuing to drive the hype around industrial assets.

GPT Group has confirmed it is in talks with Western Australia-based Ascot Capital to acquire its portfolio of commercial assets for circa $800 million.

Perth's historic WACA Ground is set to be redeveloped into a boutique 10,000-seat stadium and community-focused recreational facility after it secured $30 million in funding from the federal government.

The Western Australian Cricket Association has announced a proposal to redevelop the WACA Ground into a multi-purpose venue and is seeking $60 million from the government to fund it.

National dairy products supplier Lion is divesting some of its land holdings in Bentley, including a 2.9-hectare site, following its recent consolidation of the Masters Dairy depot as parts of its three-year growth plan.

Perth property investor Stephen Lauder and Jandakot City developer Ascot Capital have completed their second joint venture purchase, with the $65 million acquisition of a serviced apartments building in Canberra.

The Fini name is returning to Perth's property sector in a big way, with the Fini Group brand being revived for a series of apartment developments across the city.

Landlords in West Perth are moving to upgrade their buildings in the wake of increased vacancy, as tenants demand higher-quality amenities in a competitive market.

AHS Hospitality founder Stephen Lauder is aiming to purchase up to 10 hotels around Australia through a property syndication venture he has established with Ascot Capital.

Frasers Property Australia has relocated to a new office in West Perth, to accommodate its larger team as a result of its merger with Australand.

The Town of Port Hedland is poised to complete Western Australia's biggest privatisation in 15 years, with a consortium led by AMP Capital set to pay $165 million for a 50-year lease over the town's airport.

The Town of Port Hedland has received three bids, each worth more than $150 million, for a long-term lease over its airport, with the council due to make a final decision on the privatisation deal later this month.

Suburban office developers are facing an uncertain outlook similar to their CBD counterparts.

With a record run of construction coming to a close, commercial developers are facing an uncertain few years in Perth's CBD. Click through to find the special report, which also looks at Perth's biggest landlords, place making, suburban office markets and a green technology company.

Brookfield Property Partners has confirmed speculation that Wesfarmers will leave its home of 30 years on The Esplanade for a new headquarters at the second tower at Brookfield Place.

Ascot Capital has offloaded a 9,802 square metre laboratory and diagnostic facility in Myaree to a private investor for $11.5 million.

Department store chain Kmart is set to move its Western Australian distribution centre from Canning Vale to Jandakot, with plans in motion to establish a $40 million facility at Jandakot Airport.

Developer Ascot Capital has appointed national construction company Probuild to build its apartment development at 108 Bennett Street in East Perth, with construction expected to kick off in coming

Collapsed engineering firm Forge Group's old premises in West Perth have firmed as a likely landing spot for automotive parts buying group Capricorn Society, which is looking to consolidate its office requirements into one location.

The Western Australian Cricket Association and Ascot Capital have confirmed they will no longer go ahead with a $500 million redevelopment of the WACA ground after the developers failed to hit pre-sales targets for apartments.

Four of Perth's iconic sporting and community venues are going through major planning and redevelopment projects – but that's where the similarities end.

Indonesian-backed Golden Group is preparing to launch the sales campaign for apartments in the first tower at its multi-billion dollar Belmont Racecourse redevelopment.

The state Liberal party has been the main beneficiary of donations from Western Australian business over the past year, new campaign finance data reveals.

PROPERTY developer Ascot Capital and the Western Australian Cricket Association have started marketing the first stage of a major residential project at the WACA ground.

THE state government has made its first overtures to the market in the search for 35,000 square metres of office space in the City of Stirling, predominantly to house the Department of Commerce.

FROM Subiaco in the west to Booragoon in the south and Innaloo in the north, more than a dozen mid-sized office developments are either under way or at an advanced stage of planning around Perth.

THE industrial land market in Western Australia has been characterised by consistently strong demand for most of the past decade, which has been good news for investors and developers who bought la

Property developers FJM Property and Ascot Capital have formed a joint venture to develop a 2.3-hectare site in Innaloo, next door to the site where Georgiou Capital is about to start construction

PROPERTY developer Ascot Capital, Clive Palmer's mining group, Mineralogy, and conglomerate Wesfarmers were the biggest donors to political parties in Western Australia in 2006-07, data released by

Ascot Capital has managed to garner plenty of publicity since it bought Jandakot Airport Holdings in February 2006.