Property

West Perth-based clean energy technology company, Carnegie Corporation Ltd, has acquired new solar thermal and wind aerofoil technologies, invented by its chairman Alan Burns.

Despite its residential interests failing to deliver strong results, NSW-based property developer Australand Property Group has recorded an operating profit after tax of $163.2 million, an increase of 5 per cent on the previous period.

Market research firm East & Partners has revealed a growing trend for Australian businesses to use third party finance brokers and mortgage originators when they are obtaining finance products.

The West Perth office market may be effectively full, but a series of small developments in the area, and at the west end of the city, will help to ease supply in the next year.

Following on from the success of its state-of-the-art Oral Health Centre development at Nedlands’ Queen Elizabeth II Medical Centre, architectural and planning practice Hames Sharley has been called back to design and plan a landmark $100 million research

As office rents in Perth continue to climb, property owners are more likely to retain their assets to capitalise on growth, although the full effects of recent stock market volatility and rising interest rates are yet to be realised, according to property

Set among the unassuming shopfronts of Perth’s unofficial Chinatown on William Street in Northbridge, Dragon Tea House has earned a reputation as one of Perth’s hidden gems.

Portable housing manufacturers, Fleetwood Corporation Ltd and Nomad Building Solutions Ltd, have posted strong growth in profits for the half year to December 31, boosted by demand from the resources sector.

The Stephenson Highway is a name that sends shivers up the spines of many residents in Perth’s western suburbs.

It’s hard to miss the rows of plastic flowers lining one of Perth’s little-known laneways, Wolf Lane, off Murray Street.

The Corruption and Crime Commission has released a series of explosive reports over the past three years, yet independent reviews of its findings have repeatedly reached contrary conclusions.

The residential property market in regional Western Australia returned a mixed performance in the last quarter of 2007, with strong growth in mining towns and low or negative growth closer to Perth, according to the Real Estate Institute of Western Austra

Amid the voices of support for the state government’s recently announced plan to redevelop Perth’s foreshore, concerns remain about the delivery of the project.

Cottesloe’s Station Street, a retail strip known for its high-end clothing and jewellery stores, has been chosen as the site for a new mixed-use development containing retail, office and residential space.

With Perth’s office vacancy rates at record lows, two major Perth lessees have finally pinned down space in new high rise developments in the CBD.

West Perth-based industrial company Schaffer Corporation Ltd has announced a net profit after tax of $5.8 million for the first half of the 2008 financial year, 11 per cent higher than the $5.2 million profit posted in the corresponding period last year.

The federal coalition has rejected the preferred industrial relations policy of its leader Brendan Nelson and his deputy Julie Bishop, deciding instead that it will not oppose legislation dismantling the Howard government's workplace laws.

Premier Alan Carpenter has identified nine items of government legislation he expected the upper house of state parliament to pass in the next fortnight.

Western Australia's industrial land supply is set for a further boost following the start of site works on stage two of the Avon Industrial Park near Northam.

Preliminary data by the Real Estate Institute of Western Australia suggests Perth's housing market was flat-lining in the December Quarter of 2007, with no movement either up or down for the last three months of last year.

The Property Council of Australia has called on the state government to engage property owners, developers and financiers in the early stages of its $360 million Perth Waterfront redevelopment, by establishing a development authority to steer the project.

Proponents of the expansion of Kemerton’s heavy industry precinct expect it will take 18 months to complete a strategic plan for the area to define its long-term usage.

DIVERSIFIED property player Aspen Group Ltd says its conservative debt position has placed it in a ‘sound position’, despite the volatility and uncertainty prevailing in the listed property sector.

Finbar Group Ltd has received development approval for its seven-storey mixed office and residential development in Victoria Park, and is close to signing an anchor tenant.

The Perth CBD retail property market remains strong with rents up in the December quarter on the previous year, according to research from CB Richard Ellis

Macquarie Bank Ltd has received approval to build a $100 million office park in East Victoria Park, which will include some residential development.

Plans for an eight-storey office building near Jacob’s Ladder in West Perth have been put on hold while the City of Perth’s planning committee reconsiders a development application for the site.

PERTH’S northern suburbs are tipped to provide some good opportunities for investors and owner occupiers, as more properties come onto the market and sellers become more willing to negotiate, accordin

Half-year results from Mirvac Group, the Sydney-based property empire run by former Western Australian Greg Paramor, reveal expected future revenues of almost $2.1 billion to be derived from this state, which represents more than a quarter of its resident

WHILE the WA Business News Innovation forum in the January 17 edition provided some interesting debate, opinions expressed in the article ‘Pathway to commercialisation’ on university research commerci

IKEA has completed its purpose-built store on Ellen Stirling Boulevard in Innaloo, four years after the decision was made to relocate

Reducing the environmental footprint of Perth’s new and existing office stock has become a major commitment for landlords, developers, architects and tenants alike; and now interior designers are finding themselves part of the equation.