Property

Perth-based SM Venture Capital has unveiled its $54 million mixed-use development in Cockburn, but it is almost half the size initially anticipated.

Western Australia’s dwelling approvals have dropped by 20 per cent in January, with the national figure falling 28 per cent.

Cygnet West has mounted a lawsuit against its former investment services manager in a bid to retrieve confidential information it claims is now being used at franchisor-turned-rival Colliers.

About $14 million is owed to Probuild employees, while Main Roads is among those grappling with potential project delays.

The City of Busselton has backed the development of a $16 million, five-storey apartment in the centre of Dunsborough, despite more than 600 residents opposing the plan.

Devwest Group has recommenced construction of an $80 million nine-storey office building and 13-storey residential tower after a seven-year hiatus.

Aged care provider Rosewood will spearhead the development of a new aged care facility in the Perth Hills as part of a contract with the state government.

Growth in Perth’s home values have slowed in February, tracking national trends.

WBHO Infrastructure’s parent company had pledged continued financial support until at least October 2022, after the subsidiary made a $35 million loss in the 2021 financial year.

Edge Visionary Living will add 1.95 metres to its 224-dwelling, 16-storey Applecross development, despite council opposition.

Builders are struggling to stay afloat amid a sea of cost, labour and supply chain issues.

Adrian Fini has taken to the federal environmental regulator seeking approval to progress his $280 million Smiths Beach plan.

The City of Mandurah has backed Silverleaf Investments' $12 million plan to build a six-storey shopping precinct and apartments on the town’s waterfront.

The mix of social and affordable housing received unanimous approval by a joint development assessment panel.

Administrators were appointed to 18 WBHO Australia entities overnight, including West Perth-based WBHO Infrastructure, and Probuild, which could be expected to owe at least $250 million.

The City of Perth has backed the WA Housing Authority’s plan to build a $34.5 million apartment tower on Wellington Street, but not everyone is as supportive.

Updated: South African business WBHO has withdrawn financial support for its Australian entity, putting the parent of $4.7 billion construction giant Probuild into administration.

Businesses are overcoming uncertainty to commit to Perth’s office space, recent data suggests.

Reinforced Earth plans to build a manufacturing hub on the four-hectare lot east of Northam.

Perth businessman and former Habitat 1 director Geoff Pritchard has been quizzed in court about the events that led to the company’s collapse.

WA house prices may escape a predicted slide due to several factors, include the state’s acute labour shortage.

Ascent Capital’s David Steinepreis has sold a property to chemo@home founder Julie Adams.

The multinational behind East Perth’s Waterbank development has linked decreased construction and development earnings and a restructure for the loss.

Industry groups are hoping the March 3 date to reopen Western Australia's borders will resolve skills shortages and provide certainty for businesses.

Leading independent economist Jonathan Pain says he expects at least four interest rate rises within this calendar year, as monetary policy normalises.

The state government has unveiled plans to transform Highgate’s abandoned Stirling Towers into a build-to-rent development, one of 12 sites to be released for housing projects.

A leading Perth architect says more could be done to activate unused spaces in Perth.

The property developer recorded a record level of pre-sales across its national portfolio.

Westbridge has secured key tenant Sealanes for its Palmyra industrial asset bought for $5.34 million.

Prominent Perth real estate agent Vivien Yap has launched legal action over threats allegedly made to disrupt her business and cause her "pain and suffering".

The development will include 742 dwellings, including 100 affordable housing units, across four towers of up to 36 storeys, retail and entertainment districts.

ANZ has forecast house price growth to slow as mortgage rates climb in 2022, but says most households are well-placed to weather tighter financial conditions.