News Articles for Damian Stone

Proposed apartments hit new heights

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It wasn't that long ago that a 30-storey apartment proposal was considered a bit of a stretch in Perth, but a spate of new projects is changing that.

High-rise momentum builds

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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.

Pressure on suburban offices

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Building age has emerged as the biggest factor in office vacancies in Perth's suburbs, with newer developments struggling to attract tenants as the market gets tougher.

Councils pressured to deliver density

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Developers and industry lobbyists say there needs to be a clearer direction from government to ensure density is delivered in Perth.

Planning falls short for higher density

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Perth residents want to live in apartments, and not just in the inner city, however, a leading industry lobby group believes the state government's planning regime is leaving them with little choice than to buy houses and land.

Vacancies in apartments stay low despite supply

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Vacancies in Perth apartments remain under the wider vacancy rate for houses in the metropolitan area, despite economic headwinds and record levels of new supply.

Challenges build in suburban markets

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Suburban office developers are facing an uncertain outlook similar to their CBD counterparts.

New era looms as CBD office boom ends

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With a record run of construction coming to a close, commercial developers are facing an uncertain few years in Perth's CBD. Click through to find the special report, which also looks at Perth's biggest landlords, place making, suburban office markets and a green technology company.

Apartments deliver on density

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Developers are meeting the state government's goals for high-density residential projects around major transport routes and infrastructure, new research has revealed.

Apartment oversupply risk downplayed

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Fresh analysis has shed new light on the long-running debate over whether Perth is heading for a glut of apartments.

Suburban office space tightens

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Vacancy across Perth's suburban office markets contracted slightly over the past six months, in sharp contrast to the CBD commercial property vacancy rate, which has blown out since the middle of last year.

Global brands driving change in CBD, suburbs

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Retail property players say international fashion brands are only the beginning of the global onslaught.

Stirling Street high-rise projects push $300m

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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.

CBD appeal for suburban tenants

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Affordable city office space is proving to be alluring for some suburban tenants.

Suburban tenants hard to find

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FEATURE: Suburban office market developers are facing similar challenges to their CBD counterparts in attracting tenants.

CBD office supply concern

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FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.

Policy shift driving new-look retail builds

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The proposed $750 million redevelopment of Garden City Booragoon is the latest project in a booming retail construction sector.

It’s all happening in the ’burbs

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With limited construction under way in the CBD and West Perth, commercial tenants are looking to the suburbs for new office space.