Silverleaf Investments has withdrawn its $65 million plan to build apartments at Fremantle's Woolstores site after assessing the project's financial feasibility.
Major property developer Silverleaf has quietly commenced construction of a hotel and hospitality precinct at its historic convict foothold in Fremantle.
Gerard O'Brien described leasing structures in the office market as akin to Ponzi schemes and says property development in the current environment is not profitable.
The City of Mandurah has backed Silverleaf Investments' $12 million plan to build a six-storey shopping precinct and apartments on the town's waterfront.
Quest Serviced Apartments is continuing its aggressive march on Perth, anchoring a hotel and new retail development at the Millstream Arcade in South Perth.
Private investment group Silverleaf Investments has added to its retail portfolio, buying the Millstream Shopping Centre in South Perth for $13.6 million.
UPDATE: The City of Fremantle says it remains keen to progress a substantial redevelopment of the Atwell Arcade, after sending the developer back to the drawing board for the third time over herita