The Urban Development Institute of Western Australia is calling for an urgent study of housing affordability, following the release of a state government report on WA’s land supply crisis.
The developers behind a new industrial warehouse project in Welshpool are hoping to break the ‘big shed’ look common to the sector by incorporating a new curved roof system from Spain in the design.
Developers Satterley Property Group and Lester Group are introducing fresh initiatives to help end the reliance on mains water in their residential estates.
Rooftop water tanks, wind turbines, solar panels and even waterless woks in food courts are some of the initiatives shopping centre owners are implementing to reduce their environmental footprint.
Perth’s industrial sector has moved into top gear in the past 12 months, posting rental growth close to 50 per cent in secondary markets and sparking high levels of development activity.
Residential developers in the Shire of Augusta Margaret River may have to provide lots for sale to first-home buyers under new planning guidelines being considered by the state government.
Housing developers have taken a new approach in their efforts to compete with the established-home market, offering a range of inducements and incentives to prospective clients.
After six years at the helm of Perth architectural studio of Woods Bagot, Ross Donaldson has taken on the role as the group’s global managing director.
The state government has not ruled out taking office space in the historic Old Treasury Building, which is up for grabs following its decision last week to seek expressi
Melbourne-based developer John Crane and venture capitalist Daniel Besen are on the lookout for new acquisitions in Western Australia, following their successful entry to the market last year.
Fresh from its $6 million purchase of East Victoria Park’s historic Balmoral Hotel, listed property trust and management operator, ALE Property Group Limited, is targeting other Western Australian pubs.
The Town of East Fremantle has embarked on a strategic planning process and is accepting submissions from business and the community on how best to revitalise the area.
Western Australians are spending more on home renovations than ever before, as the combined effect of rising house prices and building delays flows through the sector.
Tenants occupying premium office space in Perth’s central business district have added cause for concern this month following a record $650/square metre net rental review agreement at Central Park.
The increasing demand for accommodation in Perth could see the median weekly asking rent for units breach the $300 mark later this year, and even surpass the median rent for houses, according to market analysts Australian Property Monitors.
Competition in Western Australia’s mortgage broking market looks set to intensify this year as three of Australia’s most successful non-bank lenders prepare to open new branches across the state.
While the long-awaited expansion of the Wanneroo Central Shopping Centre takes shape, a new retail strip is under construction across the road, which is almost fully leased.
It was to be transformed into a $60 million luxury Hilton-branded resort this year, but Coral Bay’s Ningaloo Reef Resort has found a new direction under the ownership of Perth-based Aspen Group.
The shortage of parking bays in Perth may worsen before it improves if plans by the City of Perth to demolish its 490-bay Elder Street car park go ahead this year.
Fini Group founder Tony Fini has negotiated a $180 million deal to sell his retirement village portfolio to investment bank Babcock & Brown and prominent retirement village player Primelife Cor
The founder of Western Australia’s largest privately owned retirement village and aged-care business believes further consolidation is likely as big players seek to maximise profits and smaller players look to exit the sector.
Fini Group founder Tony Fini has negotiated a $180 million deal to sell his retirement village portfolio to investment bank Babcock & Brown and prominent retirement village player Primelife Corporation Ltd.
Labour and material shortages may be hurting some builders, but most in the industry are enjoying a period of above-average profits, according to a survey of Western Australia’s largest builders.
Dunsborough real estate agents the De Chiera family will merge their Professionals agency with local competitors Stocker Preston and Down South Realty from July 1.
It has been three years since Indonesian real estate mogul Mimi Wong went on a $20 million spending spree in Western Australia, buying two prime sites in the CBD and Burswood with plans to develop high-rise apartments.
The rising cost of bricks and building labour in Western Australia has led some building companies and their clients to switch to pre-manufactured walling products made of glass fibre, gypsum plaster and polystyrene.
The Town of Cottesloe is claiming a victory against construction giant Multiplex after the Court of Appeal overturned a State Administrative Tribunal decision approving a 6-storey development proposal for the iconic Cottesloe Beach Hotel.
With the ink drying on SAS Global’s $61 million deal to buy the OneSteel site in North Fremantle, neighbouring McCabe Street joint-venture developer Australian Finance Group Ltd is focused on raising capital for its own acquisition.
Perth’s tallest office building will get a splash of neon colour next month following a deal signed last week with Central Park tenant St George Bank to take on the lucrative signage rights.
