News Articles for Dradgin

Hotels are an increasingly attractive market segment for investors and owners.

Perth's office market is showing signs of strengthening.

Northern Star Resources and SRG Global are among the businesses moving into 500 Hay Street, as its developer allays fears about the building's structural integrity.

Dradgin has lodged a legal claim over the alleged structural issues at its $110 million SubiXO development in a bid to “preserve its rights”.

Sydney-based operator TFE Hotels has partnered with developer Dradgin to open its first Western Australian Vibe Hotel in Subiaco next month.

Plans to relocate Mineral Resources' headquarters into the $110 million SubiXO development are in doubt over concerns about structural issues at the Hay St property.

The new Westin resort planned for Margaret River joins a wave of hotel developments taking shape across the state worth more than $500 million.

Saracen Properties and Security Capital Australia have announced the development of a $100 million, five-star spa and resort in Margaret River, a boon for the South West region's tourism industry as it pursues a post-pandemic revival.

International hotel chain Park Regis has pulled out of operating a just-built Subiaco hotel prior to its opening, with the developer behind the project seeking a new operator.

The high rate of vacant CBD office space, and incentives on offer, continue to pressure landlords in near-city locations.

SPECIAL REPORT: Perth's hotel capacity has increased by about 30 per cent since 2012 and Business News has identified a further 3,150 rooms that are either under construction or committed, as the city's hotel sector is transformed.

The Supreme Court of Western Australia has approved an amendment to a restructure of embattled construction company Cooper & Oxley Builders that will leave unsecured creditors with between six and 13 cents in the dollar.

Singapore-based developer Dradgin Pte disclosed today it had offered financial assistance to Cooper & Oxley Builders, which has suspended work on all its construction sites this week.

SPECIAL REPORT: Perth's suburban office market is becoming as patchy as that in the CBD, with Joondalup and Fremantle emerging as the only upcoming opportunities for new developments.

National builders John Holland and Probuild are embracing new strategies to enhance their standing in the WA construction market.

Sydney-based hotel group StayWell Hospitality Group has confirmed it will bring its Park Regis brand to Western Australia after signing deal with developer Dradgin to be part of the former Ace Cinemas site in Subiaco.

Work is expected to start shortly on a new shopping centre at the old Station Street Markets in Subiaco, with construction contractor Doric appointed this week.

Two major projects considered vital to the revitalisation of Subiaco are closer to reality, with a 16-storey tower at the Pavilion Markets site to win planning approval and construction immin

The number of hotel rooms in Perth is set to grow by at least 1,400 over the next three years after three major developments were confirmed this week.

A tough retail market has shaped the mix of businesses proposed for a radical makeover of the Ace Cinema property in Subiaco.