Demand for industrial and logistics properties has increased over the past six months, with the vacancy rate falling to a historic low of 2.24 per cent, according to CBRE.
Australian maintenance services provider Programmed has taken over the operation of Pindan Group's asset management arm today, a move expected to preserve more than 100 jobs.
The developer behind the Kardinya Park Town Centre redevelopment has held an official ground-breaking ceremony this morning, following the launch of stage one works last month.
Hesperia has secured paediatric health service provider Western Kids Health as the largest commercial tenant for Victoria House, its $65 million mixed-use development in Shenton Park.
Australia’s apartment markets continue to lag in the country’s broader housing market recovery, reports have found, however momentum is building in Perth.
New lending for housing in Western Australia has dropped 7.9 per cent after applications under the state's Building Bonus Grant closed, while national lending has risen to a record high.
ANALYSIS: The WA economy is the envy of the nation yet the residential property market in Perth is the weakest in the country. There appear to be two key reasons.
Dozens of subcontractors and employees affected by the collapse of construction giant Pindan have rallied on the steps of Parliament House this afternoon.
The landlords of popular Leederville cafe Greens & Co are suing the business’s former owner in a bid to recoup more than $650,000 allegedly owed in rent, just one month after the venue's closure.
Retail sales fell 1.5 per cent in Western Australia in April but merchandise exports continued to boom, hitting a record $205 billion in the previous 12 months.
Two major multi-storey developments planned for Scarborough will be determined by planning authorities next week, with one recommended for refusal and the other for approval.
Bethesda Health Care has awarded a contract to Broad Construction to build its new facility at Cockburn and struck a deal to sell the asset to property group Dexus.
Perth recorded another increase in house prices during May, but failed to keep pace with the growth recorded in Australia’s other major housing markets.
The Australian economy may be growing at a solid clip with confidence at multi-year highs, but there are few signs people are willing to take on a loan outside of housing.
Creditors have given administrators the green light to delve into the affairs of embattled construction giant Pindan Group, with an investigation of whether there was any insolvent trading.
The state government is expected to introduce a new bill to improve security of payment across the state’s construction industry today, one week after the collapse of construction giant Pindan.
Several Western Australian-based property companies were awarded for their developments over the weekend, as part of the inaugural Apartment Awards for Excellence.
