Western Australia-based Brownes Dairy's head office, processing and distribution centre in Balcatta has been bought by national developer Stockland, in a deal worth $53.5 million.
Listed developer Peet and the state's second-biggest homebuilder, ABN Group, will develop more than 600 housing lots in Midvale after purchasing a parcel of land from the Department of Housing for
National residential developer Stockland has added to its Western Australian portfolio, acquiring two parcels of land totalling 65.7 hectares in two transactions worth a combined $58.1 million.
Property developer Australand has upgraded its full-year earnings guidance while signalling a fresh willingness to consider a sweetened $2.5 billion takeover bid from rival Stockland.
SPECIAL REPORT: The state's major builders appear unfazed to be operating in what's considered among Western Australia's most competitive and closely monitored business sectors.
Leasing activity in Perth's industrial land sector is beginning to show the first signs of recovery after a slow 2013, according to a leading sales agent, while at the same time demand from institu
SPECIAL REPORT: Perth's northern and southern fringes remain the hotbeds for residential land development, but short-term supply issues have hit the industry's ability to keep pace with a surge in demand.
Owners of older office buildings in central Perth are struggling to find tenants, with the latest Office Market Report showing a widening gap between premium buildings and the rest of the market.
Several surveying firms have responded in one of two ways during the past year in response to slowing work opportunities in Western Australia – they have consolidated operations, or cast the net wi
The Department of Housing has spent more than $80 million buying land from major developers at the northern limits of metropolitan Perth in the past nine months, adding as many as 1,200 lots at the
Commercial property development firm Lester Group says it is looking interstate for acquisition opportunities after completing the $19.1 million purchase of a Belmont office complex.
Australia's largest property developer, Stockland, has confirmed it has sold 45 St Georges Terrace for less than what it paid for the building in 2006.
PERTH-BASED property developer and syndicator Primewest has bought 255 and 267 St Georges Terrace from national property group Stockland for $27.6 million.
Social enterprise is not a new concept in Western Australia but it has attracted attention in recent times, with government funding committed to encouraging new social ventures and social entrepren
Australia Post has failed to sell its General Post Office Building in Forrest Place and has, instead, reverted to trying to find tenants to fill the vacant retail space.
