Property executives John Gelavis and Allison Hailes have both left their respective roles this week, with Mr Gelavis selected to head the Master Builders Association of WA.
Sentiment towards Western Australia's housing market fell during the second quarter of 2018 but the state is expected to lead the country for residential property capital growth over the next two years, according to a survey of industry professionals.
Broadening the scope of the state government's Metronet rail project to include existing station precincts as a means to deliver short-term development opportunities was among the key recommendations outlined in an Urbis report released today.
A Singaporean investment manager has bought the Sunmoon Boutique Resort in Scarborough for $8.3 million, with plans to transform the property into one of Australia's first build-to-rent projects.
Blackburne's Aria Swanbourne luxury apartments has been named Western Australia's development of the year, following an awards ceremony held by the Property Council of Australia WA and Rider Levett Bucknall last night.
The Property Council of Australia has called on the state government to rule out increasing property taxes in the 2018-19 budget, as the local housing market continues to shows signs of recovery.
SPECIAL REPORT: Rita Saffioti is stamping her mark on the transport, lands and planning portfolios she took on last March, initiating a number of major reviews and appointing several industry figures to key roles.
Early signs of recovery are starting to emerge across Perth's CBD office market, with vacancy rates falling below 20 per cent for the first time in two years, according to the Property Council of Australia.
The Metropolitan Redevelopment Authority has disclosed that the majority of public submissions on the $450 million Iconic Scarborough development supported the project, but said all government agencies and utilities it consulted, with the sole exception of Tourism WA, opposed it.
The state government has announced a progressive merger of its two land development agencies, LandCorp and the Metropolitan Redevelopment Authority, with the property industry calling for the new agency to retain the planning approvals powers held by the MRA.
Perth residential property prices fell 0.8 per cent in the June quarter, to be down 3.1 per cent across the financial year, according to data released by the Australian Bureau of Statistics today.
Perth's ailing office market could be on the mend, with the CBD recording the largest drop in vacancies of any capital city during the past six months, according to the Property Council of Australia.
SPECIAL REPORT: Labor's victory in the March state election heralded a major shift in infrastructure priorities for Western Australia, and even further changes are likely as the McGowan government seeks to balance its promises with fiscal reality.
Property industry lobby groups say WA Labor's plan to introduce a 4 per cent tax on foreign buyers of residential property if it wins the March 11 state election is a retrograde step for the state'
Property industry bodies have entered the state election fray, with both the Urban Development Institute of Australia and the Property Council of Australia lobbying for stamp duty concessions and planning reform to boost housing affordability.
Office vacancies in Perth's CBD have peaked, according to some in the commercial property sector, with markets expected to stabilise as construction of new offices slows.
Aged care provider Rosewood is responding to increasing demand for its services by booking $105 million in developments for its West Perth and Leederville facilities.
The bulk of Perth's local governments are missing the mark on long-term strategic planning, according to a new Property Council report into the sector.
Six years of surveys, community consultation and planning have come to naught in the Town of Cambridge, after Planning Minister Donna Faragher rejected proposed changes to the area's town planning
The state government has spent $3.5 billion over the past decade in the CBD and the Swan River foreshore, generating an expected $8.2 billion worth of spending by the private sector, but making all the pieces work together remains a significant challenge.
Perth's office vacancy rate has risen to nearly 22 per cent, but the Property Council of Australia says that figure could mark an end to commercial landlords' pain due to the supply cycle having peaked.
WESTERN Australian property players are ramping up the rhetoric on negative gearing, warning that investors in this state would be among the hardest hit if tax breaks for making a loss on an invest
Perth's land developers have stirred debate over the merits of urban infill by questioning the findings of a report commissioned by the Property Council of Australia and the Australian Greens.
Western Australia's peak business group has welcomed the state government's budget, but other business groups believed more could have been done for their respective sectors.
Educating the community on the benefits of higher-density development is looming as one of the big challenges for Lino Iacomella, who has taken the helm at the Western Australian division of the Property Council of Australia.
Premier Colin Barnett has ruled out any further state tax increases in the upcoming budget, and has said the government might look at reviewing land tax aggregation, at this morning's Business News Success & Leadership breakfast.
Town of Cambridge mayor Simon Withers says the impact of Development Assessment Panels would be improved if developers could choose whether to use them or go straight to local councils.
