News Articles for Jim Litis

Marcus Canning has resigned from his role as director of The Rechabite, after establishing the Northbridge venue six years ago.

Mandoon Estate owner Allan Erceg and Primewest founder Jim Litis have submitted an application to build a $34 million commercial centre near the Bunbury Farmers Market.

Property leaders are calling for a reduction in red tape to develop assets in the Perth CBD.

The former Colliers agent has started a national real estate business with the backing of Primewest founders John Bond, David Schwartz and Jim Litis.

Landlords are considering how to reinvent King Street amid the precinct's ongoing transition.

Perth businesses are backing Fremantle Theatre Company's post-COVID mission to deliver jobs.

An odd couple have established a successful business chemistry, carving a niche negotiating deals in difficult markets.

The Primewest brand may be gone but its three founders are still doing deals.

Primewest's founders John Bond, David Schwartz and Jim Litis will continue to lead the real estate group's WA team.

The biggest local fund managers developed their reputations decades ago.

A scaled back version of a $22 million development in Dunsborough has been approved after a tribunal ordered a reconsideration.

The developer behind the failed $22 million Dugalup Centre in Dunsborough has lodged a scaled back iteration of the plan in a last-ditch attempt to revive it.

The developer behind the shelved Puma Petrol Station in Dunsborough has had its $22 million replacement proposal shot down, despite lodging revised plans in an 11th-hour bid to gain approval.

Soaring valuations for tech companies and mining stocks have brought major shifts in this year's list of WA wealth creators.

A company led by Alan Bond's son John Bond has sold Subiaco's former Sapphire Bar for $4.5 million.

Primewest has received an off-market takeover bid from fellow property fund manager Centuria Capital, with the combined group to have $15.5 billion in assets.

A fund managed by Primewest has signed a deal with the federal government to develop a 4,500-square-metre office building in Bunbury.

The updated WA ‘rich list' shows the state's iron ore magnates are moving far ahead of people who made their money in other industries.

Property fund manager Primewest has purchased a national agricultural asset management company for $10 million, two days after establishing a $300 million fund targeting neighbourhood shopping centres.

Rechabites Hall in Northbridge was officially relaunched as a 1,500-capacity, multi-use venue earlier this month, with the overhaul driven by former Artrage chief executive Marcus Canning.

Investors across Australia have backed Primewest's ambitions to expand its offering via an ASX listing, with the company confirming it has raised its targeted $100 million.

Three prominent Perth businessmen are proving the importance of individual connection to motivate sustained financial backing.

The developer behind a long-running bid to build a 24-hour Puma service station in Dunsborough faces an uphill battle to get the project approved, after Western Australia's Court of Appeal overturned a Supreme Court ruling that gave it the go-ahead last year.

A planning stoush has emerged in the seaside town of Dunsborough over a proposed Puma fuel station on one of the last vacant development blocks on Dunn Bay Road.