Patersons Securities posted a record $1.26 billion dollars in capital raisings last year, up more than 50 per cent on the previous year and a result that has returned the Perth-based stockbroker to the top position for equity capital raisings during 2007.
Western Australia’s commercial office market notched up almost $1 billion in sales last year, and while some analysts predict the same heights may not be reached in 2008, market fundamentals indicate that strong growth is likely to continue.
With only 7,000 square metres of office space remaining in the CBD and West Perth, and rents already passing $800 per square metre this year, property analysts expect developers will head for Perth’s fringe suburbs to boost office stock
As popular commercial suburbs put up the ‘no vacancy’ signs, many businesses have been forced to look to neighbouring areas to find space to accommodate their growing enterprises.
Atomic Resources Ltd - Thomas Neff and Patrick Michaels have been appointed as directors. Azumah Resources Ltd - - Non-executive chairman Stephen Stone has been appointed as executive chairman.
The Australian Property Institute, in conjunction with Finsia, is holding its fifth annual residential property outlook breakfast, January 31 at the Perth Convention & Exhibition Centre.
The Subiaco Redevelopment Authority has appointed Jones Lang LaSalle as the new sales agent for the Subi Centro urban renewal project, after a competitive public tender process.
Perth-based gold miner View Resources Ltd has announced it will sell its 30 per cent stake in the Carnilya Hill Nickel Project to joint venture partner Mincor Resources NL in a package totalling $25 million.
Western Australian nickel hopeful Nickelore Ltd has revised the terms of its rights issue, offering shareholders one new share for every existing share held at an issue price of 25 cents, down from its previous offer in December of 30 cents per share.
Perth-based gold miner View Resources Ltd and Queensland's Norton Gold Fields Ltd have posted strong production increases from their Western Australian operations.
Perth-based engineering services company, Neptune Marine Services Ltd, has secured its largest integrated subsea services project with global exploration and production company, Apache Energy.
Perth-based Allied Gold Ltd has appointed mining engineer Richard Johnson as its new chief executive, while announcing the resignation of Grant Brock as company director and chief operating officer.
West Perth-based uranium explorer Uran Ltd has lodged an appeal against a decision by authorities in the Czech Republic to decline its licence application to explore the significant Brzkov deposit.
Windimurra Vanadium Ltd is set to launch a $54.8 million rights issue to fund planned development at its namesake project in Western Australia's Mid-West region.
