Property developer Stockland has lifted its full-year profit five fold, due to improvements in the property market and the impact of a major writedown in its previous result.
A southern region MP has lashed out at state government bureaucracy due to the scrapping of the Department of Housing’s 3,000-hectare Keralup land development.
Commercial property holder BWP Trust has announced a 22.4 per cent increase in distributable profit to $92.8 million in its full-year results report today.
Construction and building services firm CPD Group has finished building a $4 million dual-purpose health centre in Carnarvon, seven weeks ahead of schedule.
Western Australia is increasingly on the radar of Chinese property investors, with commercial agents and developers hoping to replicate the success of their Sydney and Melbourne counterparts in sourcing significant capital from this cashed-up cohort.
Real Estate Institute of Western Australia president David Airey says local government authorities have lost sight of the big picture in planning and approvals reform, and amalgamation of councils will only exacerbate the issues.
Channel Nine’s wide-ranging search for a new home has speculatively linked the station with a variety of developments, including the state government’s Elizabeth Quay project.
Technology giant Siemens has announced plans to develop a new service centre at Perth International Airport to provide maintenance and repair facilities for its customer base in the water, mining, oil and gas and associated industries.
Perth-based developer Twin Ocean Group has launched two major projects in Brisbane with a combined end-value of $300 million, with the developments largely funded by a network of Western Australian high net-worth investors.
An application has been lodged with the City of Perth to amend the design of the office component of the much-awaited Capital Square development, the latest sign of progress at the old Emu Brewery site.
FEATURE: Perth's newest office buildings are increasingly incorporating retail and hospitality precincts, as well as end-of-trip facilities, in a design-led effort to boost tenant and employee retention.
FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.
Property developer Australand said it is on track to lift its annual earnings even if a $2.6 billion takeover offer from a Singapore company falls through.
Affordable housing options near Cockburn are being built in as little as 10 days, according to modular builder Hickory Group which has started the assembly of a six-storey building with 77 apartments.
The state government’s tight 2014 budget and widespread job cuts in the resources sector have put the clamps on positive sentiment in the property sector, according to the Property Council of Australia.
The state’s biggest home builders are innovating to tackle Perth’s housing affordability issues, but they say alternative construction methods are only part of the solution.
Jolimont-based Roxby Architects has won the George Temple Poole award at the WA architecture awards for its design of Toyota's Western Australian head office.
Woodside Petroleum has confirmed it will be the anchor tenant at Capital Square, signing a memorandum of understanding with the site’s developer, AAIG.
Property giant Stockland’s hopes to snare rival Australand have been dealt a massive blow, with the takeover target agreeing to a $2.6 billion offer from Singapore.
Commonwealth regulatory approval has been granted for PBD Development’s (formerly Port Bouvard) Point Grey marina project, prompting the company to commence a formal assessment of opportunities for outright sale or joint venture development of the project.
