Probuild has today started construction work on Sirona Capital’s $270 million Kings Square Fremantle renewal project, which will comprise a mix of commercial office and retail space, as well as a new administration and civic centre for the City of Fremantle.
Perth house prices took another hit last month, with the median slipping 0.8 per cent as the combined value of the nation’s capital cities edged 0.1 per cent higher.
Georgiou Group has started preliminary construction work on a new $150 million direct factory outlet near Perth Airport, which will include 120 specialty stores.
Building products manufacturer Boral has been dented by the continued weak performance of its Western Australian operations, reporting lower underlying earnings and a $20 million asset impairment for its WA bricks business.
The Insurance Commission of Western Australia has today accepted an offer from Sydney-based GDI Property Group for the Westralia Square office building in the CBD, taking total proceeds from its property sales over the past two years to more than $800 million.
SPECIAL REPORT: Property groups are chasing retail opportunities in Perth’s CBD with a pipeline of upgrades and developments worth more than $250 million.
Six new leasing deals have been confirmed for the CBD this week, including strategic communications company Cannings Purple, which has today announced its relocation from West Perth to Brookfield Place Tower 2.
Peet managing director Brendan Gore says strong market conditions on the east coast helped the land developer achieve a higher net profit for the 2017 financial year.
A consortium that includes Ventura Home Group has been chosen to build the state government’s $21.8 million Amble Estate residential development on the old Hainsworth primary school site.
Crown Towers Perth has been named Western Australia’s best deluxe accommodation hotel at an industry awards ceremony, beating the likes of COMO The Treasury and Pan Pacific Perth.
Fourth-generation commercial building company W Fairweather & Son was named the winner of the Master Builders Association’s Robert Law award at an event in Perth today.
Cottesloe-Claremont has been named the country’s fastest growing area for apartments, despite Western Australia continuing to have one of the lowest shares of medium-density housing approvals of all the states, according to a Bankwest report released today.
Finbar Group has called on the City of South Perth to introduce a special planning scheme for its Civic Heart project, where it is now aiming to build two apartment towers despite describing the WA apartment market as the most challenging in the company’s history.
Woodside Petroleum is hoping to win state government backing for a new 700-bed fly-in, fly-out camp at Karratha, after selecting a consortium led by Multiplex and Compass Group to build, own and operate the facility.
About a third of the town of Port Hedland should be blocked from any new residential developments, the state government's dust management taskforce has recommended.
The historic Piccadilly Cinema is one of six sites that will benefit from an incentive scheme introduced by the City of Perth to revitalise underused heritage-listed buildings in the CBD.
Construction company Built has found itself in an unwanted legal and contractual predicament, after a computer glitch led to it making what it says was an accidental $565,000 overpayment to sub-contractor C&L Ceilings.
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.
Satterley Property Group has welcomed advice from the Environmental Protection Authority that confirmed there were no health risks over its landholdings in Mandogalup, but uncertainty still hangs over whether part of the southern suburb is appropriate for residential development.
Singaporean-owned property management company CEL Australia has confirmed its first move into Australia’s hotel market, announcing the purchase of The Sebel Mandurah for $15 million.
