Property

Commercial real estate agency Metier has scored another plum government job, this time to handle retail leasing for the Metropolitan Redevelopment Authority at Midland’s Railway Workshops.

Perth's falling median house price may be causing doom and gloom for property owners, but two top agents say current market conditions represent a perfect time for potential buyers either to get a foothold on the property market or upgrade their position.

One of Perth’s premier charities is selling properties in Osborne Park and Belmont to fund a new development in Canning Vale, to cope with what it says is an alarming increase in demand for its services.

One of Perth’s most experienced hotel operators says the repositioning of the Cottesloe Beach Hotel is a good indication of what’s required to stay competitive in the city’s rapidly maturing hospitality and tourism market.

Western Australia's Caratti and Cardaci families have featured for the first time in BRW's rich families list, while the Buckeridge family has been ranked as the state's wealthiest.

The weak state of the residential property market in Perth has been highlighted by new data from the Real Estate Institute of WA showing a further decline in the median house price and a sharp jump in the number of vacant rental properties.

Recent sales in Perth’s commercial property market show appetite remains for well-located assets with strong leasing profiles, but activity levels are still well down historically as the shadow of rising vacancies looms large over the city.

A UK company has joined forces with a Perth projects and contract management group to set up the state’s first manufacturing business dedicated to modular building.

Spacecubed will open a new co-working space at 191 St Georges Terrace, under a partnership with commercial property owner and developer Hawaiian.

It has taken 20 years for FJM Property director Adrian Fini’s vision to become reality, but the doors are open at the first hospitality venue at the Old Treasury Buildings, which have been rebranded as the State Buildings.

Dwelling prices rose by an average of 0.9 per cent in Australia’s capital cities in September, with Perth prices up 0.5 per cent.

This week REIWA members reported the total number of sales continued to trend downwards to 565, a decline of 6 per cent over the week and is the lowest number of sales reported since mid-July 2015.

There was a lot of money made on residential property sales around Australia in the June quarter, but the joy wasn't spread around evenly, with more than 10 per cent of all houses and about 20 per cent of all units sold in Western Australia during the quarter selling at a loss.

The traditionally dominant players in Australian retail are being forced to reinvent themselves in the face of increased competition – from each other, and a host of international raiders.

While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.

The architect behind the City Beach Surf Club redevelopment says the quality of the work will surprise many who have reservations about such projects.

Brookfield Multiplex has taken the top spot on the HIA-Cordell top 100 list of companies operating in the engineering construction, non-residential building and apartment sectors.

Building materials manufacturer Brickworks has disclosed that intense competition in the local market meant Western Australia was the only state where it was unable to lift prices for bricks during the past year.

This week REIWA members reported the total number of sales remained stable at 602 compared to 605 sales recorded on the previous week.

BGC has returned to its traditional position as Australia’s largest home builder, with the latest data from the Housing Industry Association showing six Perth-based builders among Australia’s top 20.

Perth was one of only two capital cities to post a fall in home prices in the June quarter, while the national average rose 4.7 per cent.

PS Structures has started work on new apartments at Bethanie’s Peel project in Mandurah, marking the aged care provider’s second major development this year.

Developers should consider funding transport infrastructure as an essential component of new estates, enabling them to charge a higher price for housing product, according to a Perth property obser

Real estate companies Stocker Preston and Peard Real Estate Group have entered into an informal joint venture agreement to integrate their marketing, training and administration systems.

Pindan has broken ground at TRG Properties’ Marina Edge project in Port Coogee after being named the replacement builder for Diploma Group, which backed out of a $38 million development contract on Monday.

The militant construction union has agreed to pay up to $9 million to building materials company Boral as part of a "ground breaking" settlement that leaves open the possibility of further payments if the union breaches the deal.

Perth-based homebuilder Summit Homes is seeking to head off a looming shortage of bricklayers by ramping up its capacity to deliver homes using steel-framed and modular building techniques.

This week, Reiwa members reported the total number of sales has declined yet again, to 605, a marginal decrease of 2 per cent on the previous week.

Amid speculation he will be the highest-profile casualty of a ministerial reshuffle the new prime minister will unveil on Monday, Mr Hockey brought to parliament tax-avoidance measures aimed at multinational corporations, and ordered the sale of five additional residential properties unlawfully held by foreign nationals.

A development application for the first stage of Lendlease's $1 billion Waterbank project in East Perth has been submitted, paving the way for construction to begin mid-next year.

The corporate watchdog has stopped Perth-based Macro Realty Developments from promoting a Pilbara property investment that ran afoul of Australian company regulations.

Plans have been lodged for the first major project under the City of Melville’s newly adopted guidelines for the Canning Bridge area, with Stirling Capital submitting an application to build a two-tower, 232-apartment development facing Ogilvie and Kishorn roads.