A proposed marina at Point Grey near Mandurah will not go ahead after the state government approved an amendment to the local planning scheme to stop the controversial development.
Tian An Australia says it's committed to progressing its 300-berth marina after the Shire of Murray knocked back its proposal late last month, with the developer claiming the Shire has taken “unorthodox action” in regards to a planning amendment.
Property developer Tian An Australia (formerly PBD Developments) has won regulatory support to postpone the start of construction at its long-delayed Point Grey marina south of Mandurah.
Commonwealth regulatory approval has been granted for PBD Development's (formerly Port Bouvard) Point Grey marina project, prompting the company to commence a formal assessment of opportunities for outright sale or joint venture development of the project.
Mining and engineering contractors were the biggest losers today when the S&P Dow Jones rebalanced all of its Australian indices, with RCR Tomlinson one of the few to buck the trend.
PBD Developments, formerly known as Port Bouvard, has offloaded its Bandy Creek development site near Esperance for $1.6 million, while also announcing the sale of two more apartments at its Oceani
Property group PBD Developments will tap the market for $41.8 million as it looks to reduce its existing debt facilities and pursue new development projects.
Property group PBD Developments has achieved an uptick in sales at its Oceanique project, after cutting apartment prices and completing a company recapitalisation.
Property group PBD Developments has achieved an uptick in sales at its Oceanique project, after cutting apartment prices and completing a company recapitalisation.
Property developer Port Bouvard has appointed Jally Lin as chief executive officer and Evian Delfabbro as executive general manager of development, both based in Sydney.
Troubled property developer Port Bouvard is continuing to shift its focus to the east coast, with the appointment of two Sydney-based executives to senior roles.
Battling residential development group Port Bouvard has announced its first investment outside of Western Australia, which will be funded partially by a $7.4 million share placement.
MORE than four years after the onset of the GFC, it seems property investors in Perth are still adjusting to the persistently weaker conditions in the Western Australian market.
Troubled developer Port Bouvard has appointed Azure Capital to assess its strategic options in the wake of a loss of $103.5 million for the 12 months ended June 30.
Port Bouvard's Point Grey marina development south of Mandurah, which has been the subject of community protests, today gained environmental approval from the state government.
Residential developer Port Bouvard has been given a lifeline by St George Bank which has approved funding for another five months, despite property writedowns that have resulted in the company brea
Developer Port Bouvard has pushed back the commencement of its 3,000-lot Point Grey residential project to 2013, after reporting an interim loss of $15.7 million, driven down by a $19.2 million imp
Port Bouvard says it has received a further four settlements on its Oceanique apartments development near Mandurah, taking its revenue for the development to $72 million.
Port Bouvard has been awarded the top prize in the high density development category by the Urban Development Institute of Australia, for its Oceanique development, near Mandurah.
Property developer Port Bouvard says it is in a “much improved” position to plough on with its flagship Point Grey residential development and to finalise sales of Oceanique apartments, after booki
THE property market around Mandurah may be in the doldrums, but major land developers have taken the breathing space provided by the global financial crisis to prepare for the next wave of growth in the sector.
Port Bouvard has emerged from its financial strife and is now strongly positioned to commence work at its landmark project, Point Grey. Dan Wilkie reports.
Port Bouvard is set to receive a much needed lifeline from Queensland's FKP Property Group, which has agreed to chip in nearly $23 million to a planned $60.2 million capital raising.
Shares in Port Bouvard are expected to resume trading early next month as the property developer starts talks with potential cornerstone investors in Australia and overseas.
Port Bouvard has refinanced its existing bank facilities with St George Bank to the tune of $167.6 million, renewed until the end of 2011, allowing the property developer to focus on progressing the development of its flagship assets in Western Australia.
