News Articles

Energy 14 May 2015

$5bn asset sale program launched

The state government is aiming to collect up to $5 billion from a vastly expanded privatisation program that includes Fremantle Ports, the TAB, office buildings, residential land estates, Keystart loans, houses, plantations and power stations.

Property 13 May 2015

Urban sprawl a barrier to transport solutions

An international planning expert says he believes Perth is the least dense major city in the world, an issue looming as a major constraint to the financial feasibility of developing

Infrastructure 29 Apr 2015

Industry concerns over Forrestfield, Cockburn projects

Developers of new residential projects in Perth are looking for ways to co-exist with established industrial activity.

Property 22 Apr 2015

LandCorp kicks off $4.9bn redevelopment

LandCorp has launched the first-stage of its ambitious Cockburn Coast redevelopment project, which it envisages will become home to 12,000 people in medium and high-density housing.

Property 17 Apr 2015

Finbar pushes on with $390m Port Hedland plan

Finbar Group is advancing long-running plans to build a $390 million apartments and office project in Port Hedland, unveiling a staged proposal despite significant headwinds for property developmen

Property 13 Apr 2015

Stalled Karratha Hilton works on fixing finance

The future of Karratha's $70 million DoubleTree by Hilton proposal appears to be tied to the health of the Pilbara economy, with the hotel's developer forced to redesign the project to finalise a suitable construction financing deal.

Property 27 Mar 2015

Karratha Hilton progress stalls

Plans for a $70 million DoubleTree by Hilton Hotel in Karratha appear to be in disarray, with the developer behind the project unable to source the funds required to begin construction.

Property 23 Mar 2015

Lend Lease raises green bar

LEND Lease is upping the ante on renewable energy and sustainability at its Alkimos Beach estate in the northern suburbs, recording Australian firsts in terms of green building and energy storage.

Mining 17 Mar 2015

Karratha adjusts to its new ‘normal’

The transition of the Karratha economy away from its reliance on big construction jobs for resources projects has resulted in thousands of job losses.

Property 11 Mar 2015

Pindan to build $30m Carine apartments

Developer Stirling Capital has appointed Pindan to construct a $30 million, 50-apartment project at the former Carine Tafe site.

Infrastructure 04 Mar 2015

Brierty, Maca win new work

LandCorp has awarded Perth-based contractor Brierty an $11 million contract to build the first stage of its Broome Road Industrial Park in the Kimberley.

Property 27 Feb 2015

Rockingham developing nicely

The City of Rockingham's push for higher-density development along its coastal and CBD precincts is starting to pay dividends, with more than $100 million in residential projects under construction or approved to be built, which will collectively add more than 600 apartments, as well as two hotels.

Government 10 Feb 2015

State govt brings in rebates on regional land buys

The state government has introduced a new rebate scheme for people who purchase a block of land in one of 40 land estates across regional Western Australia.

Government 09 Feb 2015

Infill challenges don’t overshadow opportunities

Significant hurdles remain in meeting both government and consumer demand for urban infill developments.

Property 04 Feb 2015

Mirvac launches The Grandstand at Claremont Oval

The next stage of LandCorp's Claremont on the Park has been unveiled, with developer Mirvac Group launching sales for a luxury 142 apartment project today.

Property 23 Jan 2015

$70m Karratha Hilton a step closer

Final design works and construction valuations are under way for the long-awaited $70 million DoubleTree by Hilton hotel in Karratha, with building expected to begin before the middle of the year, albeit at a new location, in the Pilbara town's CBD.

Property 16 Dec 2014

South Freo power station plan approved

Developers will be able to get a slice of prime coastal land near the South Fremantle Power Station early next year, after the state government today approved the master plan for the redevelopment

Education 15 Dec 2014

Fremantle schools to merge under $30m plan

South Fremantle Senior High School is set to be expanded to cater for around 1,250 students, while Hamilton Senior High School will close, under a $30 million plan announced by the state government today.

12 Dec 2014

Country Health in South Hedland move

Western Australian Country Health Service plans to build a residential development in South Hedland have cast doubt on a neighbouring private project from which the state government has recently withdrawn support.

Deals 08 Dec 2014

Kaleeya Hospital sold for $17.5m

Southern Cross Care WA has purchased the state government-owned Kaleeya Hospital in East Fremantle for $17.5 million, which is the first property sold under the state government's asset sales progr

Property 28 Nov 2014

$80m fuel depot plan under fire

South Metropolitan Region MLC Phil Edman has called for an overhaul of the Department of State Development over the allocation of a prime beachfront plot of industrial land to global giant Puma Energy, which is planning to build an $80 million bulk fuel storage depot.

Property 20 Nov 2014

State govt buys Albany hotel site for $7m

The state government has purchased the former Esplanade Hotel site at Albany's Middleton Beach for $7 million and has awarded property developer LandCorp $1.5 million to provide early work at the site.

Deals 28 Oct 2014

Liberty to exit mining with IT acquisition

Liberty Resources has announced its intention to exit the mining industry by entering into an option agreement to acquire local IT firm Cirrus Networks for an undisclosed amount.

Property 10 Oct 2014

Finbar completes $100m Spring View Towers

Finbar Group has completed its $100.3 million Spring View Towers project in Rivervale, with $96.6 million already secured from the sale of all but seven of the 188 apartments.

Government 03 Oct 2014

Green light for Point Peron marina

The federal government has given conditional approval to develop a single-entry marina, which will accommodate up to 500 pens and moorings at Point Peron peninsula in Rockingham.

Property 01 Oct 2014

East Freo hospital sparking keen interest

Potential buyers are already keenly looking to snare East Fremantle's Kaleeya Health Campus, the first state government asset to hit the market from a large portfolio flagged for sale last week.

Property 12 Sep 2014

Coolbellup shaping up on apartments plans

A 45-apartment complex in the south-west suburb of Coolbellup has been launched by LandCorp and Infill Property Group, the latest significant multi-dwelling proposal set to revitalise the area.

10 Sep 2014

Georgiou starts work on $56m pair of projects

Construction, engineering and property development firm Georgiou Group has kicked off a pair of projects collectively worth $56 million, at Curtin University and for the City of Joondalup.

Property 28 Aug 2014

Apartments up as sales fall

Developers are still rolling out significant new apartment projects across the metropolitan area, despite statistics showing multi-unit dwelling sales decreasing steadily as more supply comes to market.

Property 20 Aug 2014

Industrial land released at Rockingham

Fresh land at the Rockingham Industry Zone has hit the market, with the industrial estate officially opened by Lands Minister Terry Redman today.

Appointments 21 Jul 2014

Barclay new LandCorp CFO

Fiona Barclay has been appointed chief financial officer and executive general manager of finance and strategy at LandCorp.

Property 16 Jul 2014

Onslow residential lots go to locals

The sale of LandCorp's large scale residential lots in Onslow has begun, with local residents to be given pre-release preferences.

18 Jun 2014

Mirvac selected for Claremont on the Park

National development group Mirvac has been appointed to build the latest apartment projects at LandCorp's Claremont on the Park.

Property 09 Jun 2014

LandCorp seeks buyers for Narngulu estate

LandCorp has placed a 4.55-hectare parcel of industrial land near Geraldton on the market, in an effort to meet rising demand from businesses seeking large plots of land near the Mid West city.

Property 04 Jun 2014

Satterley to sell Claremont land

Satterley Property Group has been appointed the selling agent for 29 new home sites at The Pocket, Claremont.

Government 19 May 2014

Asset sales, road projects deliver opportunities

The state and federal budgets have created new opportunities for the private sector, as governments seek to repair their strained finances.

Property 29 Apr 2014

DAP gives tick to BGC's Tribeca East

BGC Development has received approval to go ahead with the third stage of its $97 million Tribeca apartment project at Springs Rivervale.

Property 28 Apr 2014

Megara builds on Pilbara success

Megara Developments managing director Matthew Pickford says his company was simply in the right place at the right time to take advantage of the Pilbara's building boom.

Property 17 Apr 2014

Old Bassendean bounces back

Four significant apartment projects and a $27 million shopping centre revamp are stimulating major urban renewal at Bassendean's historic Old Perth Road.

Property 14 Apr 2014

$160m project for Rivervale

One of Perth's largest apartment projects by value is due to be launched in coming weeks in Rivervale, testing demand and pricing in what has become a development hot spot.

News Articles for DevelopmentWA

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