Thursday, 5 September, 2013 - 15:31
SAT decision sets new low for Subi
Future development along Subiaco’s busiest commercial arteries could be limited to two storeys following a decision handed down by the State Administrative Tribunal.
Devwest has been developing property in Australia for over 18 years. It is a “delivery focused” development company.
Devwest’s approach to property development and investment involves conservative financial and risk analysis, followed by focused and efficient delivery.
Rank | Company | # | |
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10th | ![]() |
Iris Residential | 0 |
12th | ![]() |
Devwest Group | 170,000,000 |
13th | ![]() |
Hesperia | 155,000,000 |
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RANKING: 12 Down from 10 in Property - (Built-form) Developers list | 05 Dec 2024 |
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RANKING: 10 Down from 8 in Property - (Built-form) Developers list | 22 Jul 2024 |
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UPDATED: Property - (Built-form) Developers list | 09 Jul 2024 |
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NEWS: Tagged in Devwest, Activ flag $23m Maida Vale build | 05 Feb 2024 |
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RANKING: 8 Down from 7 in Property - (Built-form) Developers list | 30 Nov 2023 |
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UPDATED: Property - (Built-form) Developers list | 07 Jul 2023 |
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NEW ROLE: Brett Lovett, Executive Director | 07 Jul 2023 |
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NEWS: Tagged in Devwest lifeline for $37m Subi project | 13 Jan 2023 |
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NEWS: Tagged in Devwest investors take legal action | 06 Jan 2023 |
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NEWS: Tagged in Devwest settles funding dispute | 08 Apr 2022 |
Future development along Subiaco’s busiest commercial arteries could be limited to two storeys following a decision handed down by the State Administrative Tribunal.
Property development firm Devwest Group has been given the green light for an $85 million, two-tower commercial and residential project in South Perth.
Mirvac Group has cleared the way for development of its next high-rise apartment tower at Burswood after overcoming objections from local residents and the local council to its revised plans.
Western Australia is increasingly on the radar of Chinese property investors, with commercial agents and developers hoping to replicate the success of their Sydney and Melbourne counterparts in sourcing significant capital from this cashed-up cohort.
A western suburbs real estate agency has set up a dedicated China marketing arm, as growing numbers of Chinese developers eye Perth’s burgeoning apartment market for large project opportunities.
Apartment developers are increasingly being forced to sweeten their offering as increased supply turns the off-the-plan market largely in favour of prospective buyers.
Joondalup’s CBD is set to be transformed by a pair of major projects, including the suburb’s first high-rise building.
Cranes are to become a feature of the South Perth skyline as a wave of new apartment proposals move towards construction.
Finbar Group is confident it will start building its $380 million Civic Heart project in South Perth later this year, after the massive apartment development received planning approval to proceed yesterday.
EXCLUSIVE: Aldi is continuing to stake its territory in Perth, with Wattle Grove the next frontier for the supermarket giant.
More apartment developments are coming to the Burswood Peninsula, with the Town of Victoria Park formally adopting guidelines to pave the way for the first stage of Belmont Park, while Finbar Group has been given the green light for a new project at Springs Rivervale.
Interest in apartments is again on the rise, with developers across Perth unveiling new projects as the market emerges from a significant slowdown in sales and new product launches through much of calendar 2015.
Aldi’s $450 million expansion into Western Australia is gathering steam, with the German supermarket giant starting the recruitment process for 400 new staff, and construction under way at 11 of its 22 confirmed locations.
SPECIAL REPORT: Developers say Perth’s apartment market is the most challenging it’s ever been, but that hasn’t stopped a groundswell of interest in big projects. Click through to see our listing of Perth's 30 largest developments.
SPECIAL REPORT: Apartment projects typically rely on streamlined, slick marketing techniques to attract and secure buyers; now, however, developers are turning to technology not only in their advertising, but also in their building design to establish a point of difference.
Western Australian MP Ian Goodenough has called for a ministerial review into the federal government’s tightening of offshore investment regulations, saying the policy change is having an unintended detrimental impact on property development.
The ongoing battle over high-density development in South Perth has stepped up a notch in recent weeks.
The City of Subiaco has been trumped by the metropolitan west development assessment panel, while residents in South Perth face a two-month wait to learn the fate of a contentious apartment project on Mill Point Road.
Suburban shopping centres are becoming the most sought-after asset class in property.
Telstra’s administrative headquarters on Stirling Street has been sold and the new owner, a private equity player from China, plans to redevelop it into a 500-bed student accommodation facility, the second such proposal for the area.
Two student accommodation projects in Northbridge have moved closer to being built, after Devwest Group applied for approval to repurpose Telstra’s headquarters, and Stirling Capital lodged paperwork for early works at its Stirling Street proposal.
A third student accommodation project has been proposed for Perth’s CBD, while a Hong Kong-based developer has been enlisted to build a residential, retail and entertainment complex as part of the Metropolitan Redevelopment Authority’s latest efforts to get things moving at the Perth City Link.
Perth's upcoming development pipeline has a distinctly international flavour.
The new owner of 335 Wellington Street, home to the Wellington Surplus Stores for 75 years, has lodged an application with the City of Perth to build a $70 million student accommodation building.
SPECIAL REPORT: A new wave of property developments is taking shape across Perth’s CBD, with more than $200 million worth of student accommodation projects in the pipeline.
Singaporean company Wee Hur Holdings is set to join Perth’s wave of student accommodation developments, following today’s announcement it has recruited Sydney-based Intergen Property Group as the fund’s onshore investment manager with a $700 million mandate to find new development opportunities across Australia.
The latest uptake of CBD-based projects could provide the shot in the arm Perth needs to boost international student numbers.
Singapore company Sincap Group has announced a settlement of its long-running commercial dispute with three directors of Perth property developer Devwest Group.
SPECIAL REPORT: Accommodation groups are betting on international students returning to Perth.
In the latest property deals wrap, three sites are on the market, including Aldi in Wattle Grove, 675 Murray Street and a 20-hectare slice of land in the Shire of Serpentine Jarrahdale, while an industrial site in Welshpool recently sold for $2.8 million.
Curtin University will soon embark on the first phase of its $500 million Greater Curtin plan, which includes more than 900 new student accommodation rooms, a hotel and serviced apartments alongside new educational space.
Primewest has added seven-storey CBD office building ENI House to its portfolio for $86 million, amid fierce competition from local and overseas investors.
An interstate expansion is providing a platform for property group Devwest to revive its development pipeline.
A new student accommodation proposal has emerged on Wellington Street, on a development site owned by a syndicate of investors including former Adelaide Crows coach and West Coast Eagles footballer Don Pyke.
Devwest Group has recommenced construction of an $80 million nine-storey office building and 13-storey residential tower after a seven-year hiatus.
The developers behind South Perth’s troubled Richardson Street development are being pursued by Singaporean funding partners for $1 million.
The Singaporean funding partner was seeking $1 million from the developers behind South Perth’s One Richardson project.
EXCLUSIVE: The Subiaco developer is facing legal action from investors who chipped in more than $4 million into a Hay Street apartment project proposed in 2014.
The developer has been granted a six-month extension to commence its Olive Street apartment project, almost seven years on from when it was approved.
Devwest Group and Activ Foundation have proposed to build a neighbourhood centre in Maida Vale, estimated to cost $23.5 million.
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Devwest Group is included in 1 list - Property - (Built-form) Developers.