News Articles for Psaros

Apartment developers are facing increasing costs amid tightening margins and constrained supply.

Seventy WA-registered companies have appointed administrators or liquidators in the past month.

Property industry veteran Danny Psaros has called time on a 40 year career, with his retirement also bringing an end to his namesake development and construction firm.

Perth's appetite for apartment living continued to increase in the last quarter of 2017, driven largely by new projects.

Community acceptance of tall buildings has come a long way in Perth, but developers still face significant challenges in their efforts to add density to near-city suburbs.

Developers are seeking to exploit new niches in Perth's residential apartment market, with slow sales and patchy project launches likely to lead to supply issues in the near future.

A major Malaysian property developer is eyeing Perth as a launchpad for an entry into the Australian market, off the back of a $14 million acquisition of a development site in Leederville.

Prices in one of Perth's newest residential enclaves, The Springs at Rivervale, are holding value better than apartments across the wider Perth metropolitan area, despite concerns of excess supply restraining capital growth.

The state government has used its latest cabinet meeting in Midland today to announce four deals worth $67 million to support future medical, university and residential projects in the former railway workshops area.

SPECIAL REPORT: International players with big balance sheets are set to change the dynamics of Perth's apartment market.

SPECIAL REPORT: Developers are banking on a change in sentiment later this year in Perth's challenging apartments market.

A Perth-based software and technology firm has developed what it believes is the city's greenest office, both literally and figuratively.

Property experts have flagged the possibility of a market revival in 2016, warning buyers not to be passive and wait until prices bottom out.

WA chief executives are hoping a federal election year and a new direction from Malcolm Turnbull will ignite reforms needed to get the state moving again, according to the latest CEO survey by Business News.

The last lot at The Springs in Rivervale has hit the market, with LandCorp releasing a 4,069-square metre riverfront plot for sale today.

SPECIAL REPORT: Apartment projects typically rely on streamlined, slick marketing techniques to attract and secure buyers; now, however, developers are turning to technology not only in their advertising, but also in their building design to establish a point of difference.

SPECIAL REPORT: New players have big ambitions in Perth's apartment market, with listed company Finbar Group and Golden Group heading our ranking of the biggest developers.

SPECIAL REPORT: Developers say Perth's apartment market is the most challenging it's ever been, but that hasn't stopped a groundswell of interest in big projects. Click through to see our listing of Perth's 30 largest developments.

Perth businesspeople are surprisingly prominent on the latest BRW young rich list, with a local apartment developer ranked number three with an estimated fortune of $536 million.

Interest in apartments from buyers and renters is again on the rise, in contrast to falling fortunes elsewhere in the residential market, according to a pair of prominent property players.

A new international player is keen on making a big impact in local property.

The state government has named a global team to undertake foreshore improvements at Scarborough Beach, while at the same time putting out the call for an architect to provide a design for the redevelopment of the surf club into a beach hub.

Interest in apartments is again on the rise, with developers across Perth unveiling new projects as the market emerges from a significant slowdown in sales and new product launches through much of calendar 2015.

More apartment developments are coming to the Burswood Peninsula, with the Town of Victoria Park formally adopting guidelines to pave the way for the first stage of Belmont Park, while Finbar Group

New apartments in Scarborough are proving popular with buyers, with a quarter of the 100 apartments on offer at Psaros's Sundance development sold in the first week of marketing.

The dynamic of Perth's apartment market is changing quickly, with the big developers poised to take advantage.

Developers and real estate agents are embracing virtual and augmented reality technology, as well as sophisticated video animations, to ensure listings stand out in what is becoming an increasingly crowded residential property market.

BIGGER is not necessarily better in Perth's burgeoning apartments market, with new research showing buyers prefer smaller buildings to high-rise projects.

Agents expect the new planning guidelines for Scarborough to lead to a steady stream of development opportunities.

Development at Springs Rivervale is moving into overdrive, despite widespread debate over whether the area already has too many apartments.

Developers are keen to take advantage of new planning guidelines at Scarborough Beach, with the state government-backed $57.5 million revitalisation designed to encourage hundreds of millions of dollars worth of private sector investment.

More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.

More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.

Apartment developers are increasingly being forced to sweeten their offering as increased supply turns the off-the-plan market largely in favour of prospective buyers.

Sales and rentals of established apartments in Perth's inner city are stalling as the rollout of new stock intensifies.

Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.

An interstate developer has launched its first apartment project in Perth, near the banks of the Swan River, joining a long list of multi-residential projects in the City of Belmont.

Apartment developer Psaros has won a national accolade for its commitment to sustainable building.

The eastern edge of Northbridge is emerging as Perth's next hotspot for apartment development with four new projects proposing more than 600 dwellings or hotel rooms seeking approval.

Perth-based developer Psaros has increased its pipeline of work to around 700 apartments over the next three years, acquiring three development sites where it is planning $125 million worth of new