Fleetwood has struck a deal with the contractor building Perdaman's $6.4 billion urea plant on the Burrup Peninsula to house staff at its Karratha workforce camp.
A $4.5 million loss incurred on the sale of the El Caballo lifestyle village has triggered a dispute between the South West Aboriginal Land and Sea Council and Equity Trustees.
Aspen Group has announced an agreement to sell its Spearwood Industrial Estate, leaving only a single asset in its portfolio that isn't a holiday park or an accommodation village.
Perth entrepreneur Craig Mitchell and property funds manager Angelo Del Borrello are facing off over the future of four large roadhouses in northern WA, with the outcome having a big bearing on investors who pumped $22.5 million into four related property trusts.
Fortescue Metals Group has risen into the ranks of the top 50 most valuable companies on the Australian share market thanks to soaring iron ore prices which have nearly quadrupled the miner's half-year profit and stoked investor demand.
Pilbara accommodation businesses run by one-time trucking boss Craig Mitchell and the Collinson family are set to be the winners from BHP Billiton's surprise decision to close Kurra Village in Newman, which at its peak houses up to 1,600 fly-in, fly-out workers
Property investment company Aspen Group has announced a senior management and board shake-up, while seeking to gain more value from its Western Australian assets.
Aspen Group is facing more competition to acquire its separately-owned holiday parks fund, with rival suitor Discovery Holiday Parks increasing its bid to purchase the portfolio.
An independent expert's report commissioned by Aspen Group has concluded that its takeover of the Aspen Parks Property Fund is fair and reasonable and superior to a competing proposal.
Aspen Group has moved to fend off Discovery Holiday Parks' attempt to acquire its unlisted holiday and accommodation parks investment fund, and has also rejected a $62 million offer from the would-
Aspen Group's battle for ownership of Aspen Parks Property Fund has intensified, after Discovery Holiday Parks put forward a $135 million takeover offer for the business.
Aspen Group has taken the last step in its transformation into a specialist accommodation parks manager, announcing a merger proposal with its Aspen Parks Property Fund, which was previously a separate entity.
Aspen Group has sold a portion of its last remaining non-core asset, announcing a $35 million transaction today for part of its Spearwood Industrial Estate.
Aspen Group has taken an interim net loss of $18.2 million, largely on the back of reduced utilisation of its resources-exposed accommodation assets in the north of the state, offsetting a strong p
The Aspen Group-backed Aspen Parks Property Fund has added the Harrington Holiday Park on the NSW north coast to its portfolio, in a transaction worth $8.4 million.
Aspen Group will secure majority ownership of Aspen Parks Property Fund, following the Takeover Panel's rejection of Discovery Holiday Parks' applications for a declaration of unacceptable circumstances.
Aspen Group has scared off a potential suitor for its $210 million Aspen Parks Property Fund, placing a September 29 deadline on retirement village manager Ingenia Communities Group to finalise a b
Aspen Group has just one major asset remaining in its commercial property portfolio, after completing the sale of its Noble Park warehouse property in Victoria for $20.8 million.
Aspen Group's Aspen Parks Property Fund has unveiled plans to tap the market for nearly $40 million, in the wake of the developer and funds manager lodging a statutory loss of $81.8 million.
Aspen Group has taken a $14 million hit to the value of its assets, writing down its Spearwood Industrial Estate as part of its annual portfolio review.
Aspen Group has made more progress in selling off its commercial portfolio, offloading its highest value asset - the Septimus Roe office tower on Adelaide Terrace - to Singaporean development giant
Lack of supply of large, well-located office and retail assets in Perth's commercial property market has resulted in the total value of sales falling to less than half of what they were 12 months ago.
Developer and fund manager Aspen Group has continued selling its non-core assets, offloading its 50 per cent stake in Adelaide's Australian Taxation Office building as well as its interest in the a
Rising vacancies and falling rents in Perth's CBD office market are putting tenants in prime position to score favourable deals, while the conditions could also result in potential bargains for institutional investors.
Property investor and developer Aspen Group says it is likely to post a half-year loss of up to $72 million on the back of impairments on a number of its assets, including the Septimus Roe office tower in central Perth.
Property investment company Aspen Group has continued off-loading residential development assets, announcing today the sale of its 45-per cent-owned Fern Bay Seaside Village syndicate in New South
