Building age has emerged as the biggest factor in office vacancies in Perth’s suburbs, with newer developments struggling to attract tenants as the market gets tougher.
Pindan has won a contract to build the bulky goods development at The Shops at Ellenbrook, which forms part of the Insurance Commission of Western Australia’s $800 million property portfolio that has been put to market.
An independent expert’s report commissioned by Aspen Group has concluded that its takeover of the Aspen Parks Property Fund is fair and reasonable and superior to a competing proposal.
Mirvac Group’s long-awaited next stage of apartments on the Burswood Peninsula could be facing further delays, with the developer seeking to extend the date by which it must commence the already approved project until January 2019.
AHS Hospitality founder Stephen Lauder is aiming to purchase up to 10 hotels around Australia through a property syndication venture he has established with Ascot Capital.
Development and construction firm Match Group has unveiled a new corporate structure, while Qube Property Group has celebrated 20 years in the industry by updating its brand.
Aspen Group’s battle for ownership of Aspen Parks Property Fund has intensified, after Discovery Holiday Parks put forward a $135 million takeover offer for the business.
Perth's infamous eyesore mansion, dubbed the Taj Mahal on the Swan, will be demolished after the former fertiliser magnates who didn't complete it reached an agreement with the local council.
Chinese developer Sunlong Corporation will launch a $190 million apartment and commercial development early next year, after winning the right to develop the old Canning Aquatic Centre site in Bent
The state government has released plans to formalise a ‘protection area’ around the Western Trade Coast industrial area, pleasing existing industry but disappointing land developers.
Perth’s tallest hotel, Crown Towers, is on track to be completed by December next year, with Crown Resorts chief executive Barry Felstead staking the claim it will be the best resort in Australia w
Construction of new houses in Western Australia fell 10.5 per cent in the June quarter, but the state has maintained a higher rate in the year to June than the decade average.
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.
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.
