Property

The National Trust of Australia (WA), a community-based heritage organisation, has raised concerns about the future of Newspaper House and other heritage-listed buildings when the proposed 28-storey Westralia Square building, by Multiplex and Griffin Grou

The Town of Victoria Park has knocked back an application for a 12-storey residential and commercial development near the foreshore at Burswood, further illustrating the growing issue of high-rise development.

Fremantle identity and Esplanade Hotel managing director Marilyn New is in mediation talks to secure planning approval to build 65 apartments within the existing Wool Stores building in Fremantle.

Western Australia's third largest building group, the JWH Group, has acquired the state's longest established housing company, Plunkett Homes.

The Australian Securities and Investments Commission has obtained interim asset freezing orders against four directors of Westpoint and a number of companies associated with Westpoint founder Norm Carey.

Property industry representatives remain skeptical of any real benefits to homebuyers as a result of the State Government’s tax reform plans announced last week.

Subiaco-based property asset manager Wentworth Mutual Ltd has raised $20 million capital, mainly to reduce borrowings against conditionally secured property purchases that are yet to settle.

Commercial office rents in Subiaco are said to be matching, and in some cases rivaling, rents for prime space in West Perth as businesses line up to get a piece of the Subiaco lifestyle.

Subiaco-based property asset manager Wentworth Mutual Ltd has raised $20 million capital, mainly to reduce borrowings against conditionally secured property purchases that are yet to settle.

Hot on the heels of Perth’s residential land grab are industrial land and property buyers snapping up land and office-warehouse developments in the burgeoning suburbs of Wangara, Balcatta, Malaga and East Rockingham.

Western Australia is in the grips of amber fever, with three new breweries in the pipeline set to cash in on the growing consumer market for premium boutique beer.

Mack Hall and Associates are auctioning five rare green title lots on-site at North Fremantle on March 25.

Hot on the heels of Perth’s residential land grab are industrial land and property buyers snapping up land and office-warehouse developments in the burgeoning suburbs of Wangara, Balcatta, Malaga and East Rockingham.

Roy Weston CEO Geoff Baldwin has stood down from the position he has held for five years and has passed on the reigns to the group’s current leading franchisee, Shane Kempton.

The tight real estate market and an increase in commercial rent prices are not stemming the tide of serv-ices companies setting up shop in Western Australia as the resources boom continues to attract business to the state.

Fremantle businesses used an audio-visual presentation last week by developer ING Real Estate and project architects Cox Howlett & Bailey Woodland to voice concerns over the proposed $200 million Victoria Quay redevelopment.

Dunsborough’s growth from sleepy seaside town to the playground of Perth’s elite has forced local real estate agents to change their businesses models to better deal with their new clientele.

Listed residential property developer Cedar Woods has expanded its residential property portfolio in Melbourne, paying $24 million for 57 hectares of land in Lalor.

Cedar Woods Properties has expanded its residential property portfolio into Melbourne's northern growth corridor paying $24 million for the acquisition of 57 hectares of land in suburban Lalor.

Receivers will soon put several former Westpoint sites on the market for sale in an attempt to recover cash to pay creditors following the property developer’s recent collapse.

Some well-qualified Perth lawyers working in the field of construction law are using their understanding of architecture to better communicate with their clients on the issues that may arise on projects.

The dramatic change in Perth’s office leasing environment in the past 18 months has analysts widely tipping 2006 to be the year of the landlord.

The winner of a battle between two of Perth’s property heavyweights could be known next month, with Axiom Properties Ltd last week filing documents with the Australian Stock Exchange and the Australian Securities and Investment Commission to put the two b

Triggered by development, Perth city has made a noticeable shift towards what is now known as the ‘west end’ during the past 20 years.

The board of LandCorp has approved more than $17million in civil works for projects in three regional Western Australian locations where the current resources boom is putting pressure on community infrastructure.

Western Australia’s ongoing commodities boom is good news for the state’s residential property sector, which grew at 21.7 per cent last year, largely on the back of the strong resources performance.

In a move that highlights the shortage of office space in Perth, German engineering firm ThyssenKrupp has relocated to the new $29 million City of Stirling building, taking out 1,800 square metres of floor space, after failing to find suitable space in th

Woodside Petroleum has taken out space in two CBD buildings to house 160 of its staff, just two years after moving in to its purpose-built St Georges Terrace tower.

Peter Laurance's private company, Pivot Group, has varied its offer for Nedlands-based Axiom Properties Ltd with Pivot offering a new deal, with a big boost to the options package it would take to as much as $28 million.

Mandurah’s strong growth has continued with the completion of stage one of the $40 million Seashells Mandurah Resort and settlement pending on the first 79 apartments.

Perth’s CBD office vacancy rate has plummeted to 5.8 per cent, effectively signalling a full office market, and with no major new supply under construction, the tight office environment is expected to continue for at least two more years.

Wentworth Mutual Ltd's strategy to expand is gaining momentum with the listed property manager acquiring the property management business of Australian Finance Group Ltd.