Construction of a sorely-needed workers village in Kalbarri is back to square one, with the state government ending negotiations with the Perth firm penciled in to build it.
A $4.5 million loss incurred on the sale of the El Caballo lifestyle village has triggered a dispute between the South West Aboriginal Land and Sea Council and Equity Trustees.
Strong settlements have led to a 34 per cent rise in the land developer’s profit to $70.1 million in FY23, but a drop in lot sales this year could hit its future bottom line.
The building industry watchdog will pursue the cancellation of Modco Residential’s builders’ registration following liquidators being appointed to wind up the failed building business.
The property developer posted a $31.6 million profit for FY23, down from $37.4 million last year, but is seeing promising signs of growth into the next financial year.
Mining heiress Angela Bennett’s private company AMB Holdings is eyeing an expansion, proposing to build a $20 million office and apartment development in Swanbourne.
A nine-storey apartment block a stone’s throw from Subi Strand has been endorsed again after the developer initially failed to get a time extension for a lapsed approval.
Failed building business Modco Residential’s glamorous co-founder Cynthia Lu is claiming she is owed $2.5 million from the collapsed residential building company.
Perth architect Barry Baltinas has added another Cottesloe project to his portfolio, a seven-storey development next door to another one of his Marine Parade build.
The state government’s Building and Energy department has released its findings from an investigation over pipe leaks across Perth homes, with the results welcomed by builder BGC.
Embattled builder Modco Residential could allegedly owe about $5 million to up to 50 creditors as its co-founder spruiks interest in reviving the collapsed residential building business.
A collapsed father and son building company has been hit with a $25,000 fine for carrying out unauthorised work and demanding premature payments for work on four Perth properties.
The office of a company chosen to build workers accommodation in country WA has been shuttered and staff gone to ground amid concerns over its ability to deliver on the project.
Construction company EMCO Building has won $23 million worth of work on the state government’s major Perth Cultural Centre redevelopment project, now tipped to be completed in 2025.
Sirona Urban is proposing to expand its Fremantle footprint with a $100 million development plan on the site previously earmarked for a DoubleTree by Hilton hotel.
SRG Global will add another Elizabeth Quay project to its portfolio after being awarded a $25 million contract for work on Multiplex's Nine The Esplanade project.
The building industry watchdog is calling on homeowners affected by the collapse of Perth builder Western Luxury Homes to contact their insurance provider.
Lendlease Group has recorded a growth in its funds under management to nearly $50 billion but has reported a loss of $232 million in the 2022-23 financial year.
