Westfield Corporation shareholders have voted in favour of a $33 billion takeover by Paris property giant Unibail-Rodamco, marking the end of an era for the Lowy family.
Several property developments are taking shape at the heart of the City of Canning, with its $70 million regeneration program set to start works next month.
The recent revamp of Westfield Whitford City's hospitality precinct crafted the perfect business opportunity for Beerland Brewing to open its second venue today.
Scentre Group is gearing up to unveil its next-generation dining and entertainment precinct at Westfield Whitford City, one of several planned upgrades to its shopping centres across Perth.
Global Construction Services has received a $27.5 million contract for work on the first stage of Scentre Group's Westfield Carousel shopping centre redevelopment.
A commercial property across the road from Westfield Carousel has sold for $1.6 million, as developers continue to seek sites around the City of Canning's planned new town centre.
Beerland Brewing is responding to a perceived shortage of craft beer in Perth's northern suburbs, building a new venue to anchor a hospitality precinct at the redeveloped Westfield Whitford City.
A new dining and entertainment precinct will open late next year in the northern suburbs, featuring up to 10 new restaurants and an eight-screen cinema complex.
The expansion plans for Perth's major shopping centres are gaining momentum, with Scentre Group's Westfield Carousel, Westfield Innaloo and Westfield Whitford City likely to be the first to start work, near the end of 2016.
The recent approval for an estimated $450 million expansion of Westfield Whitford City has added to a long line of shopping centre redevelopments proposed in Perth, although ongoing economic uncertainty is casting doubt on how many will actually go ahead.
While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.