Property

Developer Cedar Woods Properties expects a record profit this year after the Western Australian housing market underpinned a big jump in first half earnings.

Property developer and fund manager Aspen Group says its review of operations is on track despite the company recording a statutory loss of $18.3 million for the half-year to December 31.

Shopping mall group Federation Centres is back in the black, six months after settling a major class action, and expects a supermarket price war to underpin growth.

The City of Perth has approved a 10-storey extension to a West Perth hotel.

The Pilbara housing market and the South West unit market were two of the strongest regional property sectors over the past year, a report released today has found.

THE City of Fremantle will hold an international design competition to appease the concerns of local residents over the architectural style of the planned $220 million redevelopment of Kings Square

A tough retail market has shaped the mix of businesses proposed for a radical makeover of the Ace Cinema property in Subiaco.

A Perth couple with a struggling coffee franchise has learnt a tough business lesson after they took legal action that involved property developer Finbar Group, listed engineering company Monadelph

Mark McGowan has committed to expand Henderson’s Australian Marine Complex into one of the nation’s largest technology parks if Labor is successful in next month’s state election.

Builder and developer Lend Lease has increased its first half profit by 39 per cent.

West Australian Labor has shifted its election campaign focus to the state's urban planning system, promising to ease bottlenecks and advance progress at stalled local developments.

Property developer Mirvac’s former Western Australian chief executive, Evan Campbell, will step down from the company at the end of the month after a consolidation of the group’s operations.

Property group Mirvac is not ruling out a play for rival Australand despite announcing a 69 per cent fall in profits.

WESTERN Australia’s peak building industry group has called for urgent reform after the state’s largest home indemnity insurer, QBE, announced a 40 per cent premium price hike.

Boral chief Mike Kane says the Australian housing market is too difficult to predict as his company posted a first half net loss of $25.3 million.

Leighton Holdings has returned to profit and driven down debt after least year's heavy losses, and forecast further growth in the year ahead.

Property group Stockland has suffered a $147.1 million interim net loss and flagged lower earnings for the full year.

SPECIALIST leasing group Sheffield Property has claimed its first major deal after snaring former Brookfield high-flier Mark Clapham.

THE lively start to the year for Perth’s property market has continued, with four substantial retail and industrial properties changing hands in the past week in deals worth an estimated $275 milli

PROPERTY player Lend Lease is aiming to submit a development application for the first stage of the $1 billion Waterbank project this year, which will transform the eastern part of the Perth CBD.

MORE than four years after the onset of the GFC, it seems property investors in Perth are still adjusting to the persistently weaker conditions in the Western Australian market.

The City of Fremantle moved a step closer to kicking off works on a $220 million revamp of King’s Square, with the council approving a plan put forward by development group Sirona Capital at a spec

Charter Hall Group has acquired the remaining 50 per cent stake it did not already own in grocery wholesaler Metcash's Canning Vale distribution centre for $63.5 million.

Transportable housing manufacturer Fleetwood Corporation says it expects an improved result in the second half of the financial year after confirming soft conditions in its key markets would result

The average value of home loans in Western Australia has surpassed $330,000 for the first time, prompting industry claims that the second phase of recovery in Western Australia’s property market is

Federation Centres, formerly known as Centro Retail, has sold half stakes in its Mandurah and Halls Head shopping centres as part of a $371.4 million deal with property fund manager ISPT.

Western Australia’s peak building industry group has called for urgent reform after the state’s largest home indemnity insurer, QBE, announced a 40 per cent premium price hike.

Property developer Nick Perrignon has resigned from the state’s market leading Satterley Property Group to take up a new role at another private player, the Simpson family’s Rockingham Park Estates

Mirvac has reported large writedowns in the value of its Leighton Beach and Burswood developments, contributing to a total of $273 million of losses for the property giant.

Western Australia sealed a good deal with James Packer despite the billionaire being granted a $35 million discount on land on which he plans to build a six-star, 500-room hotel, Premier

Singapore’s Rockworth Capital Partners has finalised its purchase of Phoenix Shopping Centre in Spearwood for $75.8 million.

The slowdown in mining project development last year has impacted the Perth office market, with the vacancy rate for CBD offices recording a ‘modest’ increase to 5.7 per cent in January.