Property

The building commissioner has put out a public warning against a local building company, saying its financial status warrants questioning.

International share registry and shareholder management firm Link Group has inked a nine-year lease at office tower QV1, taking the building’s occupancy rate past 90 per cent.

TRG Properties executive Tanya Trevisan has been elected president of the Property Council of Australia’s WA division, replacing Tony Perrin who left the role after just two months following his departure from Frasers Property Australia.

Perth’s largest apartment developer, Finbar Group, has applied to build a $350 million, triple-tower development at Canning Bridge, with the three-stage project to comprise up to 452 apartments.

The potential to create iconic developments at Elizabeth Quay may be proving a lure too attractive to resist for Malaysian developer Victor Goh.

Developers have a new avenue to sell vacant land in Western Australia, via a recent entrant into the increasingly crowded and competitive online property market.

Doubt has been cast over a wave of proposed apartment and hotel developments, with a patchy sales market forcing developers to apply for extensions to planning approvals for hundreds of millions of dollars’ worth of projects.

A research collaboration between CoreLogic and ratings agency Moody’s has predicted a turnaround in Perth’s depressed property market this year, with a 2.8 per cent rise in detached house values foreshadowed.

Global Construction Services hopes to gain more exposure to the commercial construction sector on the east coast through the acquisition of a Melbourne-based business for $18.4 million in cash and scrip.

Creating an iconic tourism-oriented development in the beachside suburb is just the beginning for 3 Oceans Property.

Georgiou Group will build Tianqi Lithium’s new Australian headquarters, under a deal worth $17 million with the Chinese lithium miner’s head contractor, for its $400 million processing plant in Kwi

Western Australia has led the rise in national home loan delinquencies, with the state’s rate climbing to its highest on record, ratings agency Moody’s says.

OPINION: Sales activity increased over the week, with Reiwa members reporting an increase in weekly sales to 691.

TRG Properties will develop 170 apartments at Claremont Oval, after becoming LandCorp’s fourth private sector partner at its Claremont on the Park renewal project.

The offshore owners of Hyatt Regency Perth are planning a mammoth redevelopment of the East Perth hotel, with plans lodged for approval for the first stage of a three-tower residential and commercial precinct.

Prominent property identity Adrian Fini has secured the final lot at Elizabeth Quay, in another joint venture with Malaysian developer Victor Goh.

Office tenants are favouring properties owned by listed trusts and superannuation funds over private owners, as competition to fill vacant buildings along the terrace intensifies.

Gang members using fake identities have been renting homes in Perth and turning them into hydroponic cannabis farms, prompting a warning to landlords.

National construction contractor Probuild has added another big-ticket contract to its growing portfolio in Western Australia, having been appointed to build the $200 million NV Apartments development on Murray Street.

Perth median home values rose 1 per cent in March, according to the latest data from CoreLogic, but the Western Australian capital remains Australia’s worst-performing residential property market on an annual basis.

There may have been little growth in new home sales last month Australia wide, but Western Australia helped keep the national figures in positive territory, with an industry figure foreshadowing a bottoming-out in the state over the year.

The Real Estate Institute of Western Australia has revealed 10 Perth suburbs where properties are selling faster now than during the mining boom, with four of the top 10 in the western suburbs.

Five years ago, modular building manufacturer McNally Group was riding the crest of the giant investment wave that was Western Australia’s resources construction boom.

Ausnet Financial Services has beefed up its real estate agency network, acquiring Mount Lawley's Beaufort Realty in a deal worth $2.56 million.

A recent flurry of leasing deals by oil and gas-related firms has provided hope that Perth’s CBD office market has hit the bottom, despite further downsizing expected in the energy sector throughout 2017.

Building upgrades in the Perth CBD are bringing the city’s workplaces in line with the best offices available worldwide.

OPINION: Sales activity experienced a contraction over the week, with Reiwa members reporting a decrease in weekly sales to 650.

One of the newest entrants to Perth’s hotels sector is promising a radically different approach to hospitality. 

Weakness in Western Australia’s residential construction sector is throwing up significant challenges for building product manufacturers, weighing on the profits of ASX-listed outfits Brickworks and Boral.

MSP Engineering has established a new headquarters in West Perth to cater for a bigger workforce as it builds a $400 million lithium processing plant in Kwinana.

The Reserve Bank of Australia says there is reason to believe commodity prices could rise higher than expected but is concerned about increasing risks in the housing market.

QV1 co-owners Investa Property Group and Eureka Real Assets have unveiled the look of Perth CBD’s newest food precinct, the $6.5 million first phase of nearly $150 million worth of redevelopment works at the 43-level office tower.