Property

Consolidation activity is under way among boutique residential agencies aiming to remain competitive as the property sector continues to soften.

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.

State and federal governments’ focus on climate change policy initiatives is expected to lift the prospects of a range of Western Australian businesses dealing with environmental products in coming years.

The developers of central Perth’s biggest construction site in waiting, the former Emu Brewery site, are set to appoint a builder next month.

Aged-care living is attracting the attention of major investors as increasing numbers of baby boomers prepare to move into retirement housing.

The Sarich family’s Cape Bouvard Investments Pty Ltd has made further investments in Mandurah, securing 9.9 hectares of land at 20 Hungerford Avenue Halls Head last week for $22.5 million.

Lengthy construction timetables in the CBD have led to an increase in the number of tenants seeking rentals in mid-sized office developments in West Perth and fringe city areas.

QUBE Property Group is set to expand into retail development with a proposed $30 million shopping centre in Beechboro.

Forget Sydney, Melbourne and London, 28-year-old Kareena May believes Perth is full of opportunities for young, creative professionals.

The City of Perth may introduce incentives to encourage developers to meet Australian Building Greenhouse Rating and the Green Building Council of Australia’s Green Star principles.

As the crisis in available office space in the CBD continues, building owners are bringing refurbished space back into supply this year to take advantage of soaring rents.

Getting things done in regional Western Australia may have its frustrations – amplified right now by skills shortages and overstretched bureaucracy – but Barry Humfrey reckons local knowledge is the key to success.

Retirement village developer National Lifestyle Villages is putting the final touches to the design of its new flagship lifestyle village at 891 Mandurah Road, Rockingham.

Ramsay Health Care Ltd is gearing up for one of its biggest jobs yet, with the $276 million redevelopment of the Joondalup Health Campus planned for completion by 2010.

East Fremantle’s historic Trade-winds Hotel on Canning Highway is undergoing a $1 million renovation of its restaurant and beer garden.

The Western Australian Cricket Association’s $250 million plan to redevelop its ground into a 30,000-seat stadium alongside two 17-storey residential towers has prompted the WA Trotting Association, which owns the adjacent Gloucester Park, to delay finali

The Town of Vincent plans to seek formal expressions of interest from developers for a proposed $650 million mixed-use redevelopment of two hectares of rare land in Leederville.

Cape Bouvard Developments is confident the continued strength of the local commercial market will vindicate its decision to hold off from chasing an anchor tenant for its proposed $100 million project on Mounts Bay Road.

The ongoing dispute between the Town of Victoria Park and the City of Belmont over the fate of Belmont Park racecourse will come to a head next week at what is expected to be a fiery round of public hearings.

Rod Mollett has wasted no time in his new role as president of the local chapter of the Royal Australian Institute of Architects in echoing calls for Perth to embrace what many claim is a once in a lifetime opportunity.

Those hoping for relief in CBD rents may be disappointed, despite the expected increase in Perth office space in coming years.

Western Australian regional building and property group, Perkins Pty Ltd, has taken a 50 per cent stake in Perth-based swimming pool contractor, AVP Construction, which has a major foothold in Sydney.

Perth’s latest large-scale office building boom could spell the end of slim-line office towers, as developers capitalise on the last remaining large lots in the CBD by designing towers which are wider and more efficient than any stock built in the city be

The increase in Perth industrial rents is showing no signs of easing this year in the face of soaring land values, building costs and competing land uses from commercial and retail sectors.

One of Western Australia’s oldest but lowest profile property development companies stepped out of the shadows last week to accept a prestigious national award for its Harbour Rise Estate at Hillarys.

Serviced industrial land is becoming a rare commodity in Perth, with prices rising sharply and large lots in short supply as owner-occupiers flood the market.

Moving to shore up its financial future, the 114-year-old Western Australian Club is seeking buyers or redevelopers for its historic premises at 101 St Georges Terrace.

Western Australian builders’ co-operative, Wesbuilders, claims to have doubled its membership this summer as smaller builders find it tough to individually challenge the muscle of large volume project builders when it comes to accessing vital supplies.

VDM Group Ltd subsidiary, Van Der Meer Consulting, has been awarded an initial $3.5 million contract to provide significant structural engineering expertise to the Dubai Waterfront Development.

Baby boomer and retiree demand for luxury apartments in Mandurah has buoyed developer Port Bouvard Ltd in the lead up to the sales launch of its $100 million Oceanique apartment development next month.

With nearly two years’ wait on any significant new office stock in the city, some owners of existing buildings are seeking to maximise returns by spending millions to refurbish and remodel their properties.

Esperance is in the midst of an accommodation development boom, driven by an influx of mine workers and tourists seeking permanent and short-stay accommodation.