INDUSTRIAL rents, which have remained stagnant for the past decade, are showing no sign of improvement in the short to medium term despite promising activity in the industrial property sector.
THE Perth City Council has unanimously approved the $300 million development proposal put forward for Westralia Square II by Kerry Packer’s syndicate managed by James Fielding Ptd Ltd.
PERENNIAL bank basher Aussie Home Loans is to hand-over a hefty slice of its back office functions to ANZ, though it denies there will be big job losses.
THE long overlooked Great Southern wine region is pushing to raise its profile by developing a wine and fresh produce centre modelled on a highly successful South Australian project.
INDUSTRIAL companies will continue to vie for a patch of WA’s premier industrial estates for years to come, despite higher land prices and limited availability.
PLANS for weekend markets in Northbridge have been revived by the Perth City Council as it looks for solutions to the suburb’s growing list of problems.
GOUNDREY Wines will open a $1 million cellar door facility to showcase its Fox River range as it tries to forge a stronger wine tourism industry in the Great Southern region.
COLONIAL First State will join a host of other major fund managers launching hedge funds when it unveils its Global Diversified Strategies Fund next week.
WESTPOINT Corporation has been granted a generous plot-ratio bonus on its Murray Street project as the City of Perth moves to encourage city development and vitality.
THE building industry may become the next victim of the State Government’s premium property tax.Along with 900 residents and the real estate sector, those in the building industry suspect theirs could be the next to suffer from the new tax.
THE eagerly awaited Financial Services Reform Bill will create a streamlined regulatory regime for financial service providers when it is introduced in March next year.
DUNSBOROUGH’S Radisson Beach Resort is about to be given a new name and new look after it was this week officially taken over by the Broadwater Hospitality group.
