Westgem Investments

Work starts on $30m hotel at old Julio’s Restaurant
Property

Work starts on $30m hotel at old Julio’s Restaurant

By Dan Wilkie

Construction works have begun on a $30 million, 14-storey hotel at the old Julio’s Restaurant site in West Perth, another around the corner on Walker Avenue has been approved to go ahead, while a vacant CBD site earmarked for a $47 million hotel has changed hands in a deal worth $17 million.

06 Feb 2015
$1.3m Raine Sq transaction examined

$1.3m Raine Sq transaction examined

By Dan Wilkie

Westgem Investments transferred $1.3 million to Saracen Properties a day before the Raine Square office development was placed into the hands of receivers, the first meeting of creditors has revealed.

21 Jan 2011
Raine Square rift deepens
Property

Raine Square rift deepens

By Dan Wilkie

Receivers for troubled office development Raine Square say project financiers gave the developer, Westgem Investments, ample opportunity to meet its debt obligations, but Westgem chief Luke Saraceni says Bankwest would not discuss refinancing options.

12 Jan 2011

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