Property

The developer is set to sign leasing deals to bring its timber tower at Westralia Square to over 50 per cent occupancy as the building nears completion.

Perth was the only Australian capital to show a lift in its home value index in December, with a $902 uptick in its median dwelling value.

Three industrial sites in Western Australia have been snapped up this month, with the deals amounting to $40 million.

The investment group has added Drovers Marketplace to its stable of assets.

The property giant has taken four St Georges Terrace properties off the market, including the Channel 9 headquarters, citing strong leasing conditions.

A proposed apartment block in North Perth has been knocked back, with an assessment panel finding the 13-storey project "excessive" and an "overdevelopment".

The property investment group has bought a 4,903sqm medical facility with a six-year lease to Australian Clinical Labs.

A $20 million plan to rebuild the City of Subiaco’s council chambers on Rokeby Road is underway after a fire and other structural issues prompted the council to act.

Regional accommodation provider G’Day Group is set to rebrand the Wintersun Caravan Park to Discovery Parks as part of its expansion.

The engineering, construction and services company is set to move to Westralia Square, following a deal with GDI Property Group.

The Perth property investment house’s move into direct ownership is paying off.

A $16 million apartment building proposal has been approved by a regional planning body, nine months after the initial design for the Dunsborough project was rejected.

An increase to the Keystart price limits to home values of $560,000 has been welcomed by industry.

Plans for a mid-tier public transport network connecting infill suburbs is gaining traction with industry.

Property investment group Baron Vanilla Management has acquired a West Leederville aged care facility for $12 million.

The $1.69 million purchase paves the way for a new townhouse development at the DevelopmentWA precinct.

Liberty Flexible Workspaces has taken on 1,100sqm of flexible workspace in Perth’s Exchange Tower, following Victory Offices' liquidation.

Perth apartment developer Paul Blackburne says he’s determined to launch new apartment product to the market, despite escalating build costs.

Liquidators for Allen Caratti-directed Whitby Land are suing Tina Bazzo’s companies, claiming compensation for the $9.9 million it coughed up as a guarantor of a $23 million deal.

The multinational group has divested $522.5 million of retail assets, including Willetton's Southlands Boulevarde for $92.5 million.

CBD occupancy has bounced back to 80 per cent of pre-COVID levels and to 15 per cent above the national average.

The state government’s $350 million plan to expand the state’s timber industry is progressing, with 3,000 hectares of South West land acquired.

Holocaust survivor and major Western Australian real estate developer Harry Hoffman has passed away at the age of 92.

Potential buyers are assessing bids to rescue Firm Construction, which entered administration in late November.

No new apartment stock has been launched to the Perth market during the third quarter of 2022, as developers wait for unit prices to catch up with rapidly rising construction costs.

The City of Nedlands' planning framework has come under fire during a four-hour development assessment panel meeting over a proposed 18-storey apartment on Stirling Highway.

Mr Packer was fondly remembered for his contribution to the property industry and life as a keen sailor.

CBRE has appointed Theo Smyrniotis to the role.

A $135 million project of two towers in Leederville has been approved with flying colours and was labelled a "benchmark" of development planning at an assessment panel meeting.

An odd couple have established a successful business chemistry, carving a niche negotiating deals in difficult markets.

CoreLogic’s latest home value index shows a 0 per cent change for Perth, with a slight increase to its median dwelling price.

A prominent Perth family is set to purchase the sub-regional asset.