Property

A PURPOSE-BUILT $11 million facility has opened in Jandakot to meet the growing demand for heavy industry workforce training.

A new brand of the Holiday Inn hotels is set to make its Australian debut in Perth at a new $35 million development on Adelaide Terrace. 

Leighton Holdings has appointed Bob Humphris as the construction giant's new chairman.

Cedar Woods director Robert Brown has sold off just over $4.7 million shares in the company.

Construction of QUBE’s new office tower in the CBD will set a high-water mark for the group, but being the best (not the biggest) remains the focus for this developer.

A Busselton real estate agent has learned the hard way how not to invest in property.

Developer and fund manager Peet has announced that its latest syndicate, the $17 million Peet Greenvale, has closed over-subscribed.

Prominent Perth property identity John Bond has joined the board of transportable housing and caravan manufacturer Fleetwood Corporation.

Perth median rents have climbed to $470 per week, according to new data from the Real Estate Institute of Western Australia.

The City of Perth won't back a hotel application at Barrack Square, adjacent to the contentious Elizabeth Quay development, because it says the proposed 11-storey development is too tall.

The chances of more interest rate cuts have improved after home loan approvals fell in January.

Town of Cambridge mayor Simon Withers says the impact of Development Assessment Panels would be improved if developers could choose whether to use them or go straight to local councils.

A full-time job does not guarantee access to housing, according to a report on housing affordability.

Falling residential listings in the metropolitan area and strong population growth are putting upwards pressure on Perth house prices, new research says.

The slowdown in the property market means that home owners in Perth are holding onto their houses for an average of 8.2 years, nearly two-and-a-half years longer than used to be the norm.

The City of Swan has recovered some of the funds invested in collapsed investment bank Lehman Brothers Australia.

Australian homes are the most affordable in three years, thanks to rising incomes and falling interest rates.

BALANCING the rewards of Perth’s resurgent apartment market with the risks of it growing too big too fast is a daily discipline for Paul Blackburne.

With limited construction under way in the CBD and West Perth, commercial tenants are looking to the suburbs for new office space.

Property developer Australand has confirmed several companies are interested in buying all or part of its business.

The housing construction sector started 2013 on the back foot and is showing no sign of the pick-up the Reserve Bank of Australia wants for the industry.

Perth-based developer and fund manager Aspen Group has announced the sale of a New South Wales commercial property for $19 million.

Most homeowners won't be surprised if the central bank leaves the cash rate unchanged after next Tuesday's monthly board meeting.

Construction company Diploma Group has reported a net profit of just $73,000 for the half year to December 2012 as it seeks to recover from substantial losses in its development business last finan

Perth's residential property sector was one of three capital city markets to report a fall in value in February, industry analyst RP Data says.

Leighton Holdings has sold a major office tower development in Melbourne to two property groups for $462 million.

Land developer Peet has reported a net profit of $1.2 million for the half year to December 2012, and foreshadowed better results in the second half of the financial year and in future years.

Western Australia's Liberal party is promising to chip away at the state's housing crisis by removing outdated restrictions on granny flats.

Global Construction Services has reported a $9.35 million interim profit in the face of a challenging market and uncertain economic conditions.

Apartment development firm Finbar Group says it is on track to exceed its record full-year profit from 2012 after it lodged a $14.07 million net profit for the six months to December 31.

AFG spent close to $1 million preparing to list on the ASX in 2007, but held off as the financial storm clouds gathered on the horizon.

Perth’s apartment market has shifted up a gear with off-the-plan sales jumping on the back of interest rate reductions and the rental squeeze.