The fate of aged care provider Bethanie’s $16 million apartment plan hangs in the balance after the City of Fremantle pushed for it to be refused over concerns it would be an over-development of the site.
A Leederville-based property development manager and its managing director are facing legal action over allegedly failing to repay $2.1 million in loans.
Applications for home loans within Western Australia were up 62 per cent year on year for the first six months of 2021, according to the latest data from Bankwest.
Real Asset Management has purchased two health centres for circa $17.5 million, adding to $150 million worth of medical properties transacted across Perth and Peel over the past 12 months.
The Town of Victoria Park has recommended planners reject a proposal for a 22-storey office development along Burswood Road when the project is formally assessed later this week.
The local Colliers International office will sever its ties with the multinational, as its franchise agreement comes to an end and a company-owned Perth operation is set to launch.
Western Australian construction company Doric has signed a $285 million contract with the Department of Defence for the proposed refurbishment of Irwin Barracks.
Acure Asset Management has made a tidy sum after selling its large-format retail property in Baldivis for almost $20 million more than it paid in 2015.
Australia has recorded its highest annual rate of house price growth since 2004, however Perth has continued to underperform, according to the latest data from CoreLogic.
Australian Development Capital has lodged updated plans to build a $48.8 million residential development and shopping precinct in Mosman Park, a project it hopes to expedite through the state’s Development Assessment Unit.
Nyoongar traditional owner Gerard Matera says labour shortages prompted by a surge in building activity has put a spotlight on the training and development of an indigenous workforce.
Australian Development Capital (ADC_) has added to its property portfolio with the $22 million acquisition of a three-storey office building, leased to NRW Holdings.
The state’s construction union has voiced its disappointment over the government’s failure to include cascading statutory trusts in its Security of Payment Bill.
ASX-listed Finbar Group has released some of its apartment investment stock in Karratha to the market, off the back of a strong regional property market.