News Articles for David Cresp

SPECIAL REPORT: Developers are leaving market uncertainty in the past and focusing on design and amenity to guide the next wave of Perth apartment projects.

Questions over the stability of Perth's office market have dogged the sector of late, but signs of an uptick in sentiment are emerging.

SPECIAL REPORT: Confidence is returning to the state's apartment market, with developers seeking to boost their project pipelines. Click through to see our map with 30 apartments projects across Perth and our updated ranking of Property Developers.

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.

Doubt has been cast over a wave of proposed apartment and hotel developments, with a patchy sales market forcing developers to apply for extensions to planning approvals for hundreds of millions of dollars' worth of projects.

Waning interest in off-the-plan apartment sales in Perth is adding to the challenges facing developers.

There are glimmers of hope emerging for beleaguered apartment developers, despite slugglish sales across Perth.

SPECIAL REPORT: Slowing population growth and a stalling economy are producing significant headwinds in the residential land sector.

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.

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.

The state government's infrastructure spending priorities have been called into question, with a new report showing its new big ticket transport items – the $1.6 billion Perth Freight Link and the $2 billion Forrestfield Airport Link – do not stack up economically when compared to other potential projects.

Perth apartment sales have remained surprisingly strong despite widespread reports of a slowdown by developers and real estate agents across the sector.

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

Foreign buyers are not having a significant impact on Perth's apartment market, with fresh research by Urbis showing they only make up around 7 per cent of buyers.

David Cresp has joined the Perth office of planning and property consultancy Urbis as director of economics and market research.

THE slowdown in mining project development last year has affected the Perth office market, with the vacancy rate for CBD offices recording a modest increase to 5.7 per cent in January.

A wide range of commercial property developers, from multinationals to church groups, are set to drive future activity in the sector.

Perth's pressure-cooker office market is driving the development of a number of smaller projects on the edge of the CBD as city tenants seek space to consolidate their operations and take advantage