Property magnate Adrian Fini intends to lodge plans for a $200 million coastal tourism village at Smiths Beach with the SDAU in a matter of months, despite concerns raised by the local government.
Real Asset Management has purchased two health centres for circa $17.5 million, adding to $150 million worth of medical properties transacted across Perth and Peel over the past 12 months.
Hesperia has secured paediatric health service provider Western Kids Health as the largest commercial tenant for Victoria House, its $65 million mixed-use development in Shenton Park.
Hesperia Property has submitted a proposal to repurpose the Graylands Hospital site for future urban infill development, via the state government's Market-Led Proposals process.
It's not clear how much value taxpayers might get from Labor's $100 million film studio election promise, but the film industry says it will give the state an edge.
Global engineering firm Sandvik Mining and Rock Technology has signed a long-term lease for a purpose-built workshop at Roe Highway Logistics Park in Kenwick.
While not the most glamorous assets in the commercial property sector, bulk warehouses, workstations, logistics centres and sheds have proved their worth in 2020.
With property groups increasingly understanding the potential of heritage assets, Business News explores some of the state's prominent heritage redevelopments and those in the pipeline.
Hesperia, in partnership with Birchmead Property Group, has acquired Lot 118 within the Murdoch Health and Knowledge Precinct, to deliver approximately 120 residential apartments.
Hassell principal Peter Lee has stepped down from the architecture firm's international board after 16 years, to focus on his contributions to the Perth market.
Property developers Adrian Fini and Ben Lisle have merged their operations under the name Hesperia, with the new entity having nearly $1 billion of projects under development and a busy pipeline of future opportunities.