News Articles for Property Council of Australia WA Division

Leading developer Nathan Blackburne has painted a more positive picture than many of his peers, saying build costs are expected to decrease and labour availability will improve next year.

The CBD has seen a 0.8 per cent increase in office vacancy rates in the past six months as new supply hits the market, Property Council figures show.

Retirement villages will be forced to pay exit entitlements within 12 months under amendments to laws regulating retirement villages proposed by the state government.

Stirling council considers mandating social housing accommodation as part of any new development featuring 20 or more units in the City of Stirling's commercial hubs.

CBD retail vacancy rates have hit a new high of 20.6 per cent, despite spending patterns improving, JLL research shows.

The Health Minister has insisted the state government has no plans to reintroduce mask mandates, despite conceding the rate of infection is much higher than is being reported.

Occupancy rates are at their highest level since COVID restrictions eased, Property Council figures show.

Survey results from Property Council members found Western Australia reported the highest confidence in the property industry compared to the rest of the country.

WA building companies are learning from the collapse of competitors over the past 12 months.

Sneakers & Jeans Hospitality Group owner Andy Freeman has said businesses like his can't be sole trailblazers in cultivating a night-time economy in Perth's CBD.

The real estate group has promoted Rick McKenzie to partner, as part of a restructure of its WA office leasing team.

A new Urbis and Property Council report calls for a new vision for Perth CBD.

Market conditions are leading to a proliferation of townhouse developments across Perth.

Property Council data shows a 13 per cent uptick in CBD office occupancy in May.

Victoria Park mayor Karen Vernon has acknowledged community frustration around the $4 billion project.

Property groups welcome state government investment in housing, but say its infrastructure spend could further stifle private sector development.

The state government has unveiled plans to push through an extension of its controversial COVID-19 development pathway and defer plans to make it permanent.

Leading demographer Simon Kuestenmacher says the CBD will still thrive, despite millennials moving to outer suburbs.

The hospitality industry is hoping changes to COVID-19 restrictions will boost trade after months of low patronage.

Mark McGowan has told the state's workforce it's time to return to Perth's CBD, insisting the pandemic peak has passed and the finish line is now in sight.

The peak body is offering more than $65,000 in prizes in a bid to raise CBD foot traffic.

CBD and Yagan Square are getting more cash to end decay.

Industry leaders are finding ways to address shortfalls in affordable housing and homeless accommodation.

The state government has announced plans to end the indoor mask mandate from Friday, following mounting pressure from the opposition and the state's business community.

Perth's lord mayor has called for WA's mask mandate to be rolled back by the end of the month, while declining to get behind removing the state's vaccination requirements.

Property experts discuss the importance of water in a drying climate.

Recent development proposals show WA's build-to-rent market is finally gaining ground.

Councils, industry bodies and former policymakers are divided on the merits of the state government's plans to reform WA's third tier of government.

Perth's office occupancy rate is 55 per cent of pre-pandemic levels but remains the highest of the Australian cities.

Businesses are overcoming uncertainty to commit to Perth's office space, recent data suggests.

Industry groups are hoping the March 3 date to reopen Western Australia's borders will resolve skills shortages and provide certainty for businesses.

The sector overtook residential as the sector most likely to grow in Western Australia in 2022.

COVID WRAP: COVID cases in WA climb by 65 as the state's border controls ease, industry bodies push for a new reopening date and the opposition slams the elective surgery scale back.

Recent challenges in property development have put urban infill back in the spotlight.

Industry experts say the 2 per cent drop in office vacancy reflects the growth of the state's economy during COVID.

Labour shortages and construction cost increases are making projects unviable for developers.

Industry sentiment across WA's property sector is increasingly uncertain as more projects are put at risk or placed on hold, the Property Council of Australia WA Division says.

Supply constraints are putting pressure on an increasingly active WA industrial property market.

The changing patterns of workers from some industries have led to a rethink in CBD office space.

Perth office occupancy has dropped two percentage points to 77 per cent in November while foot traffic has improved, recent data reveals.