Mandurah Forum

THE lively start to the year for Perth’s property market has continued, with four substantial retail and industrial properties changing hands in the past week in deals worth an estimated $275 million.

Expansion of Western Australia’s retail space is not keeping up with the state’s population growth, falling short by around 200,000 square metres, according to a new survey by the Property Council of Australia.

The commercial construction sector is emerging as a bright spot amid all the doom and gloom in WA. Click through to see the special report, with details of Perth's biggest construction jobs.

Developers are bringing the main street back to the suburbs by integrating them, as well as housing, into new shopping centre builds.

While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.

The recent approval for an estimated $450 million expansion of Westfield Whitford City has added to a long line of shopping centre redevelopments proposed in Perth, although ongoing economic uncertainty is casting doubt on how many will actually go ahead.

Brookfield Multiplex will start work by the middle of the year on a $350 million expansion of Mandurah Forum, with the redevelopment to make the southern suburbs mall the sixth-biggest shopping centre in the state.

SPECIAL REPORT: WA’s big construction companies are going through a transition phase, following the end of a major building boom.

Building will start next year on a $600 million redevelopment of Karrinyup Shopping Centre, with construction giant Brookfield Multiplex adding the big ticket job to its portfolio of works.

Perth’s big retail centres are evolving to become much more than just a collection of shops.

Scentre Group is gearing up to unveil its next-generation dining and entertainment precinct at Westfield Whitford City, one of several planned upgrades to its shopping centres across Perth.

Georgiou Group has started preliminary construction work on a new $150 million direct factory outlet near Perth Airport, which will include 120 specialty stores.