Claire Tyrrell

WA’s strong residential property market is expected to continue, with house prices predicted to increase a further 10 per cent into 2022, Real Estate of Institute Western Australia predicts.

WA’s Westbridge Funds Management has finalised its purchase of a Victorian industrial asset for $15.36 million and is in the process of acquiring a Canning Vale logistics facility.

BGC Australia has donated materials for a home near Pinjarra, to kick off its involvement in a Foundation for Indigenous Sustainable Health initiative.

The changing patterns of workers from some industries have led to a rethink in CBD office space.

On today's episode of At Close of Business, senior journalist Claire Tyrrell talks through trends in the industrial property market.

Finbar Group managing director Darren Pateman has played down concerns about water egress at the construction site of its $404 million twin tower Civic Heart apartment development.

Western Australian Business of the Year winner Hera Engineering grew from a mission to deliver quality over quantity.

A proposed marina at Point Grey near Mandurah will not go ahead after the state government approved an amendment to the local planning scheme to stop the controversial development.

Perth office occupancy has dropped two percentage points to 77 per cent in November while foot traffic has improved, recent data reveals.

Subiaco property investment group Baron Vanilla Management has bought a Clarkson convenience centre for $35.5 million, in its third acquisition of 2021.

ABN Group has more than doubled its profit on the back of strong revenue for 2020-21, as strong demand for home builds led to a spike in construction activity.

One of the state’s largest medical centres, Halls Head Medical Centre, has sold for $23.44 million to fund manager RAM Australia.

Perth’s residential property prices grew by 0.2 per cent in November and performed the worst out of the state capitals, CoreLogic has revealed.

Iris Residential is set to launch its $150 million Claremont apartments after considerable delays, value increases and a hard-fought appeal to deliver the most sustainable outcome.

On today's episode of At Close of Business, senior journalist Claire Tyrrell gives an overview of the current state of office vacancies in Perth's CBD.

Dwelling approvals in WA dropped by 3 per cent in October, stabilising from a 21 per cent drop the previous month, Australian Bureau of Statistics data shows.

Edge Visionary Living’s two-tower development in Scarborough has been given the green light, with the development to form part of the coastal suburb's redevelopment area.

Recent transactions show investors are coming back to WA after a significant drop.

Construction companies are struggling with cost blowouts and project delays, leading to questions about their levels of cover.

TRCB Architects and EIW Architects have been appointed to design $23 million and $15 million projects at John Curtin College of the Arts and Mount Lawley Senior High School respectively.

On today's episode of At Close of Business, senior journalist Claire Tyrrell investigates whether there's truth in the claim of renewed interest from investors in Perth's property market.

On today's episode of At Close of Business, senior journalist Claire Tyrrell reveals why there's a spike in indemnity insurance claims amid an overheating construction market.

WA-based residential property developer Peet has bought a 15-hectare parcel of land from the University of Canberra for $67 million, with a view to build a 1,600-residence development.

Strong sentiment in industrial real estate in WA is bringing more first-time buyers to the market, industry experts say.

Technology and design consultant Mantel Group has expanded from the east coast into Perth, as it plans to take on 200 more staff nationally in the next 12 months.

The pandemic has led to a seismic shift in West Australians’ movement patterns, with a 28.5 per cent reduction in visitors to Perth CBD in the past 18 months, Committee for Perth has revealed.

Perth property fund manager Agem Property Group has bought a Hillarys business centre for $19 million, adding to its portfolio of unlisted assets.

Adrian Fini and Ben Lisle led property developer Hesperia has launched its first master-planned community in Viveash, as it signs a zero carbon commitment following the Glasgow climate summit.

National residential property developer Peet has revised its profit forecasts considerably after COVID-19 resulted in strong demand for local housing.

A $73 million apartment tower in Burswood with approvals going back 16 years is a step closer, after the council gave the project the nod.

The property group’s development of the big Peninsula site has shifted during its two decades of ownership.

Housing Minister John Carey and Lands Minister Tony Buti have described social housing as one of the greatest challenges the government is facing over the next 12 months.